POLICY & REGULATION

INDUSTRY NEWS

Insurance Australia Ltd has been penalised $40 million by the Federal Court in the largest-ever penalty imposed against an insurer for breaches of consumer protection law...

INDUSTRY NEWS

The government is seeking views on its proposed position for the implementation of an internationally-aligned climate disclosure, following its discovery consultation las...

INDUSTRY NEWS

The ALRC’s third interim report is seeking to change financial services legislation to better reflect efforts that have been made to improve advice outcomes and professio...

INDUSTRY NEWS

ASIC has unequivocally rejected claims that it tried to undermine a Senate inquiry by requesting public interest immunity for certain questions....

INDUSTRY NEWS

The Compensation Scheme of Last Resort legislation has passed in Parliament today, having first been raised back in 2016....

INDUSTRY NEWS

ASIC has been called out by the Senate economics reference committee for undermining the process of an inquiry into its investigation and enforcement actions by submittin...

INDUSTRY NEWS

The former operations head at BBY, which collapsed in 2015 in Australia’s largest stockbroking failure since the GFC, has been sentenced after pleading guilty to three co...

INDUSTRY NEWS

Leah Sciacca, ASIC senior executive for financial advisers, has outlined some of the activities of the Financial Services and Credit Panel, which commenced operations las...

INDUSTRY NEWS

Speaking at the 2023 ACSI Annual Conference, Minister Stephen Jones said the government would prefer doing “too much too soon, not too little too late” on its sustainabil...

INDUSTRY NEWS

Already headlining as one the largest shake-ups in the RBA’s history, the central bank has welcomed the review’s sweeping overhaul....

INDUSTRY NEWS

With finfluencer Tyson Scholz receiving a permanent injunction, a global regulatory report, co-chaired by ASIC, has shed light on what the future could look like for finf...

INDUSTRY NEWS

The Federal Court has issued a permanent injunction against finfluencer, Tyson Scholz, to prohibit him from carrying on a financial services business....

 
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MARKET INSIGHTS

PETER JOHNSTON- AIOFP

Well done Keith and Neil, these Canberra Bureaucrats need to be stopped. ...

2 days 10 hours ago
JOHN GILLIES

WHEN I RETIRED A LOT OF GUY'S WERE STILL PRACTICING FORMS OF COLD CALLING. There nothing wrong with it as a way of estab...

3 days 10 hours ago
JOHN GILLIES

I thought you joined a dealer to be protected and have a better version of regulation explained, BUT The dealers themsel...

3 days 10 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

1 week 3 days ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

3 weeks 4 days ago

ASIC has suspended the AFS licence of a Melbourne fund manager responsible for six managed investment schemes....

2 weeks 4 days ago