Category | Dealer Groups

Synchron Call to Carve Out Risk Advice From Financial Planning

Outspoken Synchron Director, Don Trapnell, is urging life companies to back his call for the industry to draw a line in the sand and separate risk advice from financial planning advice. (more…)

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5 · February 6, 2019 in Compliance & Regulation, Dealer Groups  

ClearView Launches Dealer Services Offering

ClearView has expanded the services offered by its financial advice arm with the creation of a dealer services offering for advisers who hold their own Australian Financial Services Licence. (more…)

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0 · November 20, 2018 in Company News, Dealer Groups, Practice Management, Services  

ASIC Proposes Responsible Managers Pass FASEA Standards

Advice licensees will be required to have a responsible manager who holds a FASEA approved education standard and has passed its adviser exam, under new proposals released by ASIC. (more…)

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1 · November 9, 2018 in Compliance & Regulation, Dealer Groups, Training  

ANZ Earmarks $374 Million for Advice Remediation

ANZ will set aside $374 million to compensate customers who received inappropriate advice or for services not provided, including for advice provided by the advice businesses it sold to IOOF. (more…)

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0 · October 8, 2018 in Company News, Dealer Groups, Products, Services  

NAB Advice Head to Depart After Restructure

The head of financial advice at NAB, Andrew Hagger will leave the bank after 10 years following a restructure of its senior executive team. (more…)

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0 · September 18, 2018 in Appointments, Company News, Dealer Groups  

ASIC Commences Court Action Against Dover, McMaster

ASIC has commenced court action against Dover Financial Advisers and its sole director, Terry McMaster alleging they misled and deceived clients. (more…)

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3 · September 17, 2018 in Company News, Compliance & Regulation, Dealer Groups  

Call for Individual Adviser Licensing

Financial institutions and regulators are standing in the way of client-centric reforms, and moves to license individual advisers, in a bid to retain control and promote their own self-interests, according to Connect Financial Service Brokers Chief Executive, Paul Tynan. (more…)

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8 · August 7, 2018 in Compliance & Regulation, Dealer Groups, Remuneration, Services  

Fee For No Service Remediation Could Pass $850 Million

ASIC has indicated it expected remediation related to the charging of fees for no service (FFNS) to pass $850 million. (more…)

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1 · August 7, 2018 in Compliance & Regulation, Dealer Groups  

Affinia Expands Into Licensee Services

TAL-owned financial advice group, Affinia, has extended its advice offering into the provision of licensee services aimed at independently operated financial advice businesses. (more…)

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0 · August 3, 2018 in Company News, Dealer Groups, Practice Management, Products, Services  

Licensees to be Publicly Rated Under New Proposal

Advisers and consumers may be able to assess the quality and risk factors associated with a licensee under a new ratings system that is being put forward by research group, Adviser Ratings. (more…)

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2 · July 31, 2018 in Dealer Groups, Products, Services