How to get your healthcare transactional advisors (HTA) back to work
Financially savvy consumers can now get their HTA (health care transactional adviser) back on track as a major new business model is set to hit the market.
The HTA is an investment advisory service that allows financial professionals to advise on how to get better value from their investments.
It can help people with a wide range of investment styles and invest more money in the future.
However, the HTA has been under heavy fire for some time, with consumers complaining about the lack of transparency around its performance and its lack of independence from the client.
There is a lot of debate around the future of the HTSAs, with many people still wondering what will happen to them as they become a major part of the financial system.
However the Australian Securities and Investments Commission (ASIC) is planning to give them another shot at the big leagues once more.
The regulator has announced it is going to start taking the HtsAs to court in the coming weeks, with some of them set to get back into business in 2018.
In a statement to ABC News, ASIC said it was “seeking an order that would allow the HTMAs to continue providing services to clients”.
“The HTSA is an industry-leading platform that provides investors with a complete investment solution and has been the source of much of the growth in the investment industry,” ASIC’s chief regulatory officer Andrew Stocks said.
“This is not just about one HTA.
We’re seeking an order for a significant portion of the industry’s HTS as a whole to be reinstated to the market, as well as the HTFAs, as part of a wider regulatory framework that aims to improve the transparency and accountability of the investment and HTA markets.”
In a separate statement ASIC also confirmed it was reviewing all of the businesses it was considering to be taken to court to ensure they complied with the new regulatory framework.
Topics:finance,investment-and-finance-financial-services,companies,financial-marketing,consumer-protection,law-crime-and -chief,accreditation,consumer,consumerism,accident-prevention,consumerize-your-business,finance—industries,fraud-and–corporate-crime,australiaFirst posted November 01, 2018 09:47:13Contact Andrew Stalls