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INDUSTRY NEWS
Timeshare company Ultiqa Lifestyle Promotions has been ordered by the Federal Court to pay $900,000 following a ruling its advisers failed to act in consumers’ best inter...
INDUSTRY NEWS
Chairs of Australia’s financial regulators have told the House of Representatives economics committee of their focuses for the year ahead including cryptocurrency and gre...
INDUSTRY NEWS
ASIC has banned a Sydney director for three years after he tried to approach determinations by the Australian Financial Complaints Authority, including for inappropriate ...
INDUSTRY NEWS
The Australian Law Reform Commission has published its second interim report on changes to financial services legislation including a proposed legislative model. ...
INDUSTRY NEWS
The corporate regulator has made an interim stop order on a fund investing in shopping centres because of a non-compliant target market determination....
INDUSTRY NEWS
Regulatory action against Colonial First State and Commonwealth Bank alleging breaches of conflicted remuneration laws have been dismissed by the Federal Court....
INDUSTRY NEWS
Dixon Advisory and Superannuation Services has been penalised $7.2 million by the Federal Court....
INDUSTRY NEWS
Governor Phil Lowe has admitted that the Reserve Bank of Australia made mistakes in its expectations that interest rates would be lower for longer....
INDUSTRY NEWS
Some 18 funds with $1.4 billion in assets under management have voluntarily amended their marketing materials after a surveillance operation by the regulator....
INDUSTRY NEWS
Organisations have welcomed the introduction of legislation for the Compensation Scheme of Last Resort but raised questions why managed investment schemes were excluded....
INDUSTRY NEWS
The Reserve Bank of Australia (RBA) has lifted interest rates by 0.5 percentage points, taking the cash rate target up to 2.35%....
INDUSTRY NEWS
The Australian Securities & Investments Commission (ASIC) has extended its ban on brokers offering binary options to retail traders until October 2031....
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...