Melbourne-based Romad Financial Services (RFS) has had a decision by ASIC to cancel its licence stayed by the Administrative Appeals Tribunal (AAT)....
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has outlined the regulator's proposed measures to improve the "competency and quality of ad...
In the low-growth 'new normal' of the global economy, countries need to find a way to grow that is not accompanied by the accumulation of debt, according to PIMCO head of...
The Government must remove a number of structural, regulatory and political issues that must be resolved before the $1.3 trillion in superannuation saving can be utilised...
The insurance and superannuation industries are relatively well placed to absorb further falls in the stock market and a blow-out in credit spreads, according to APRA cha...
Newcastle-based Hunter United Employees' Credit Union has launched a low-cost web-based superannuation product to service the Hunter Valley....
Australian productivity is being severely hampered by workers wasting time at work, according to the new Ernst & Young Australian Productivity Pulse survey....
The Government has introduced legislation into Parliament that will strengthen the obligations of company directors and ensure superannuation payments are made to employe...
The Financial Ombudsman Service (FOS) has played down concerns it will have little legal guidance once the Future of Financial Advice 'best interests' duties become law....
Despite the popular belief that companies with a high dividend payout ratio must sacrifice growth, the historical data demonstrates there is no trade-off between dividend...
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...