The description by ASIC of the Australian financial services licensee Lanterne as a “licensee for hire” has put the spotlight on the resourcing of licensees and their ability to deliver services efficiently, honestly and fairly, and on the responsibility of advisers to do their own checks on the substance of the licensee that authorises them, Simon Hoyle writes.
Professional Planner is the leading voice for financial planners where they can learn about industry standards, get news, information, debate and develop new ideas.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Opinion