POLICY & REGULATION

INDUSTRY NEWS

While the other regulators grew their staff numbers, the Budget papers point to a net loss for ASIC. ...

INDUSTRY NEWS

New NATSEM modelling points to mid to high income earners doing best from the Government’s extension of the low and middle income tax offset. ...

INDUSTRY NEWS

The Financial Services Council and the Association of Superannuation Funds of Australia have welcomed the target changes to superannuation and the Government’s long-await...

INDUSTRY NEWS

If successful, it will be only the second win in Australia against a company for insider trading, but also has the potential to be another big loss in court for the corpo...

INDUSTRY NEWS

The corporate regulator has banned another former authorised representative for misleading clients about MySuper opt-outs....

INDUSTRY NEWS

With extensive remote working due to the COVID-19 pandemic, company IT systems are at high risk of vulnerability for directors and officers, according to a survey....

INDUSTRY NEWS

The corporate regulator says the “spirit of intent” rather than a literal understanding of requirements will be the focus on compliance guidance....

INDUSTRY NEWS

The corporate regulator has asked the industry to better help the regulators better regulate the industry....

INDUSTRY NEWS

Proceedings have commenced against Lightspeed Finance and its director, Mark Fitzpatrick, over failure to comply with Australian Financial Complaints Authority determinat...

INDUSTRY NEWS

As part of the Modernising Business Registers program, all 31 of the corporate regulator’s business registers and the Australian business register will fall under a new s...

INDUSTRY NEWS

Two further companies connected to SMSF Advisory Services and PW Kitt Co have been ordered to wind up after a successful application from the corporate regulator....

INDUSTRY NEWS

Faced with rebuilding its management culture in the wake of the expenses controversy surrounding its chairman and deputy chairman, the Australian Securities and Investmen...

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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 1 week 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 6 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 2 days ago

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

3 days 7 hours ago