POLICY & REGULATION

INDUSTRY NEWS

The Government has decided that the chair of the Financial Adviser Standards and Ethics Authority, Catherine Walter, can remain on the job in a part-time capacity until t...

INDUSTRY NEWS

The chairman of the Australian Securities and Investments Commission has temporarily returned to his role heading up the regulator but only after retaining the services o...

INDUSTRY NEWS

The corporate regulator is suing the Commonwealth Bank for misleading conduct over its monthly access fees, which saw $55 million incorrectly charged to customers....

INDUSTRY NEWS

Westpac is considering a demerger of its New Zealand operations in the wake of new requirements put in place by the Reserve Bank of New Zealand....

INDUSTRY NEWS

The Australian Securities and Investments Commission claims it is ‘capex poor’ and is seeking more funding from Treasury arguing that if it was allowed greater capital ex...

INDUSTRY NEWS

Superannuation funds did not misuse intra-fund advice with respect to either early release superannuation or insurance, according to the Australian Securities and Investm...

INDUSTRY NEWS

The Federal Government has been accused of extraordinary and undemocratic legislative over-reach by trying to gain control of how superannuation funds invest on behalf of...

INDUSTRY NEWS

The corporate regulator has banned the director of the over-the-counter derivative issuer, Shlomo Yoshai, as well as four other employees....

INDUSTRY NEWS

A Gold Coast accountant and former authorised representative who gave self-managed superannuation funds advice has discovered what it costs when you fail to adhere to a c...

INDUSTRY NEWS

The big four bank has disputed claims from the Finance Sector Union that it is asking members to vote for “wage theft”....

INDUSTRY NEWS

The corporate regulator has applied the extra conditions after the over the counter derivatives business was suspended last year. ...

INDUSTRY NEWS

More than a year after it began, APRA has ended its investigation into AUSTRAC’s anti-money laundering allegations against Westpac without result. ...

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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 13 hours ago