Upwards of 25 per cent of hedge funds have suspended redemptions, imposed gate provisions or implemented side-pockets....
ASIC has used its statement on Storm Financial to a recent parliamentary hearing to warn that its interest in Storm is likely to have far reaching implications for the of...
Large institutional dealer groups are putting more onerous conditions on adviser transfer agreements....
Fears are growing among the licensees of small, independently-owned advice firms about their ability to continue to declare themselves solvent under the Corporations Act ...
Boutique funds management firms need support to avoid breaching AFSL terms....
Christmas may be the season to be jolly, but it is not the season for inappropriate behaviour, according to a survey conducted by MSI Legal & Accounting....
ING Investment Management has appointed Greg Michel as director of fixed income, responsible for all domestic and international fixed rate portfolios....
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...