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ASIC
Financial planning
The Australian Securities and Investments Commission wants the power to dig through the managerial layers to ban the real culprits....
Financial planning
The Australian Securities and Investments Commission has confirmed soft dollar arrangements together with ‘profit sharing’ remain a factor for insurance within super mand...
Financial planning
Ex-AMP Financial Planning adviser, Daniel Joseph Noonan has been permanently banned by ASIC after he misappropriated $2.5 million. ...
Financial planning
Some miscreant financial planners may have left the planning industry and thus avoided prosecution by the Australian Securities and Investments Commission but face actio...
Financial planning
The AFA has seriously questioned the value of ASIC’s oversight of codes of conduct, noting that the FOFA ‘opt-in’ code took years and is the only one in existence....
Financial planning
Financial adviser, Travis Byron McLean, has been banned from providing financial services for five years after failing to comply with financial services laws. ...
Editorial
The superannuation sector may be facing further consolidation in the wake of the further empowering of the Australian Prudential Regulation Authority, Adam Gee writes....
Editorial
The financial planning industry will need to unite behind higher educational standards and ethics and reject the noisy dissenters if it is to become a profession, Mike Ta...
Life/Risk
The Australian Securities and Investments Commission has confirmed shelf space fees charged by advice licensees to life insurers mostly remain legal, for now....
Superannuation
ASIC has disqualified an SMSF auditor after he audited the fund of a close family member and breached audit evidence requirements....
Financial planning
A former mortgage broker from ALC Group has been sentenced to more than eight years’ imprisonment after pleading guilty to deception....
Financial planning
Many financial advisers are already using better statements of advice than the sample SOA being proposed by the Australian Securities and Investments Commission, accordin...
Financial planning
The Australian Securities and Investments Commission has laid bare the reality that professional indemnity insurance doesn’t adequately protect the interests of consumers...
Financial planning
A former NAB financial adviser has appeared in court after ASIC brought two charges against him that he forged financial planning documents....
Financial planning
The Australian Securities and Investments Commission has placed the platform industry on notice around the new standards of fee transparency it will be enforcing....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...