AIST LICENSING, COMPLIANCE AND PROFESSIONAL DEVELOPMENT PROGRAMS

APRA and ASIC require Registrable Superannuation Entity (RSE) licence, and Australian Financial Services licence (AFSL) holders to have a significant compliance and education program in place to ensure ongoing compliance with all aspects of their licence responsibilities. To maintain the licences, funds are required to demonstrate that they have appropriate measures in place.

AIST has established a cost and time effective licensing compliance and professional development program for RSE licence and AFSL holders. These programs assist funds with maintaining all aspects of their ongoing obligations to APRA and ASIC.

AIST assists many licensees through the provision of our compliance and professional development services. Each year we work with many superannuation funds to ensure they are meeting their obligations to members and working within the legislative framework.

Our programs have been refined over the years to meet the ongoing needs of licensees and staff and the changing regulatory environment.
AIST is a registered training organisation and our learning and professional development team has highly skilled, qualified trainers with extensive experience.

For more information about AIST's programs, i.e.

AIST - AFSL Licensing Program;
AIST - RSE Licensing Program;
AIST- Combined AFLS & RSE Licensing Program; and
AIST - Board Assessment

please contact AIST on (03) 8677 3800 or email info@aist.asn.au

 

AIST & IFS Legal Fit & Proper Policy Review

AIST in conjunction with IFS Legal can review your Fit & Proper Policy documentation to provide valuable feedback to ensure it reflects the highest standard of governance practices of Directors.

This review is jointly undertaken by key specialist staff from AIST and IFS Legal and funds will benefit from the insights of both the key industry body and an industry legal firm. Both organisations have worked with an extensive number of not-for-profit superannuation funds throughout Australia.

The outcomes of the review are as follows:
  • The Fund will be confident that its Fit & Proper Policy is robust and meeting the needs of Directors and the Fund;
  • The Fund can be sure that Directors are compliant with their Fit & Proper Policy;
  • Knowledge that the Fund is practising the highest standard of governance in line with best practice.
The review consists of a three step process:
  1. Review of Fit & Proper Policy
  2. Analysis
  3. Report and Presentation

The typical Review process can be completed and returned to a fund within three weeks.

For more information please call AIST on (03) 8677 3800 or email us.