POLICY & REGULATION

INDUSTRY NEWS

Company director Shlomo Yoshai has also been fined $400,000 and is disqualified from managing companies for eight years, after creating a trading floor culture compared t...

INDUSTRY NEWS

Avoiding emotive language and releasing short reports outside of normal trading hours are among recommendations from the Australian Securities and Investments Commission ...

INDUSTRY NEWS

The Australian Tax Office is concerned taxpayers might believe their crypto gains are tax free, as interest in the asset has risen in recent times. ...

INDUSTRY NEWS

The corporate regulator has charged the formerly industry fund-owned bank due to contraventions of the ASIC Act and National Credit Code....

INDUSTRY NEWS

A Parliamentary Committee has found that the Hayne Royal Commission failed to adequately scrutinise industry superannuation fund structures and the Australian Prudential ...

INDUSTRY NEWS

The Financial Rights Legal Centre says the Government to rescind the proposal to automatically opt Australians into data sharing for joint bank account holders....

INDUSTRY NEWS

Advisers look likely to be given more flexibility around the new fee disclosure statement rules following strong lobbying around flaws in the existing proposed arrangemen...

INDUSTRY NEWS

The Government’s attempts to give itself a brake on industry funds investment decisions appears headed for significant amendment in the Senate. ...

INDUSTRY NEWS

Both were cancelled for failure to lodge its 2020 audited financial accounts and annual compliance certificate in time....

INDUSTRY NEWS

It will pay a penalty of $126,000 after it was deemed to have entered a market transaction that was not in accordance with the client’s instructions....

INDUSTRY NEWS

New research from the Actuaries Institute has revealed how JobKeeper and other Government measures have temporarily reduced the generational wealth gap....

INDUSTRY NEWS

Treasurer Josh Frydenberg’s office is arguing that the Australian Securities and Investments Commission has not missed out on staffing resources in the Budget. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days ago