Trends in Intermediary Oversight | 3 tips for fund companies

Trends in Intermediary Oversight | 3 tips for fund companies
Omnibus accounts are now the norm for keeping records of shareholder accounts sold through intermediaries. But with a recent focus on intermediary oversight    -- happening just within the past few years -- the policies and procedures that funds and their transfer agents use for monitoring these accounts are still evolving. Ken Larsen, Vice President of Intermediary Services at Boston Financial Data Services, summarized trends in intermediary oversight on a NICSA webinar held in November 2014.

Challenging the paradigm | Top distribution strategy trends for 2015 and beyond

Challenging the paradigm | Top distribution strategy trends for 2015 and beyond

A panel of experts from EY, Boston Financial and Capital Group speaking on distribution trends during a recent NICSA webinar speculated that it’s only a matter of time before firms such as Apple and Google enter the financial advice business. This post examines how fund complexes can prepare to compete in these challenging times.

Fund industry needs SEC guidance on intermediary oversight

Fund industry needs SEC guidance on intermediary oversight

In a BoardIQ article published in mid-December, NICSA President Theresa Hamacher argues for more SEC guidance on intermediary oversight. With approximately 80% of assets at fund complexes held in intermediary-run omnibus accounts, oversight has become a key risk management issue. Trouble is, there’s little consensus on how to get it done right.

FICCA | Not a silver bullet but a key oversight tool

FICCA | Not a silver bullet but a key oversight tool

When it comes to intermediary oversight, FICCA may be the best and most comprehensive tool in a fund company’s toolkit.

That’s the view of a panel of industry experts who addressed the West Coast Regional meeting in Los Angeles earlier this month. Experts from Franklin Templeton, BFDS, and American Funds were speaking about the most effective tools and processes available today for third-party oversight.

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