CP 200 Managed discretionary accounts - Updates to RG 179

Released 8 March 2013. Comments closed 19 April 2013.

This consultation paper sets out our proposed changes to our regulatory approach to managed discretionary accounts (MDAs), as contained in Regulatory Guide 179 Managed discretionary account services (RG 179) and Class Order [CO 04/194] Managed discretionary accounts.

We seek feedback on our proposals from MDA operators, investor-directed portfolio service (IDPS) operators, Australian financial services (AFS) licensees that provide financial product advice, stockbrokers, industry associations, MDA service providers, consumer and investor representatives, and other interested parties.

Download CP 200 (PDF 494 KB) | Read the media release | Read the report on submissions

	Submissions
1	Association of Financial Advisers (PDF 166 KB)
2	Australian Financial Markets Association (PDF 159 KB)
3	Bailey Roberts Group (PDF 793 KB)
4	Boutique Financial Planning Principals Group (PDF 89 KB)
5	Colonial First State (PDF 192 KB)
6	Financial Planning Association of Australia (PDF 69 KB)
7	Financial Services Council 1 of 2 (PDF 600 KB) Financial Services Council 2 of 2 (PDF 350 KB)
8	Institute of Managed Account Providers (PDF 155 KB)
9	McCullough Robertson (PDF 232 KB)
10	MoneyPlan Australia Pty Ltd (PDF 154 KB)
11	Pajeska Group Pty Ltd (PDF 325 KB)
12	Puzzle Financial Advice Pty Ltd 1 of 2 (PDF 266 KB) Puzzle Financial Advice Pty Ltd 2 of 2 (PDF 35 KB) Puzzle Financial Advice Pty Ltd Addendum (PDF 413 KB)
13	Securities & Futures Compliance Services Pty Ltd (PDF 598 KB)
14	Stockbrokers Association of Australia (PDF 336 KB)
15	Westpac Group (PDF 988 KB)