Posts tagged MDA
Head to Head: The MDA Guru on 2018

Smarter Compliance. Peter Turbach from MDA Guru believes that, as a result of FOFA, ASIC Regulatory Guide 179 (RG 179) and the Royal Commission, financial advisers, investment managers and MDA providers are struggling to identify how to identify the path forward in the face of regulatory ambiguity, legislative equivocation and uncertainty. In this article, Peter answers our questions and offers some thoughts and advice to advisers dealing with MDA and SMA.

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MDA Providers: Time for action

If you're an AFSL that wants to continue to operate as an "MDA Provider" and you don't already have the required authorisations, you'll need to have your licence varied. Assuming you're already authorised to advise and deal, you'll need to apply to vary your AFSL. Submitting the application for a variation isn't too difficult but remember that your application needs to be true, correct and complete (and supported by all the required mandatory information and proof documentation). This article curates the relevant material for you to consider and outlines five steps you should take now.

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Managed Accounts Presentation

Managed Accounts are becoming increasingly popular, but some advisers (and compliance experts) struggle to understand the different options and how they’re regulated. This presentation is a modified version of one of our relevant training presentations. It focuses on Managed Discretionary Accounts but provides a useful overview of the topic. If you need more, contact us directly.

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June Update: EOFY Specials

It's been a busy quarter for openAFSL. In addition to our usual program of continuous improvement, our capability has been bolstered by Kye's decision to help us free licensees from the burden of compliance. We're glad she's joined us to support the platform, help our clients and train our users to get the most out of openAFSL. This post addresses the key changes made in June SPOILER WARNING #Colour

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