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ASIC
Superannuation
The corporate regulator has issued an instrument that would temporarily extend time to provide statements of advice for urgent superannuation advice....
Financial planning
The Federal Court has set aside an Administrative Appeals Tribunal decision not to ban a financial planner who impersonated a client because it did not lead to financial ...
Financial planning
ASIC has banned former GuardianFP authorised representative, Robert Gunner from providing financial services for seven years....
Funds management
Two responsible entities have found themselves the subject of the toughest form of Australian Securities and Investments Commission oversight because of significant asset...
Financial planning
A Parliamentary Committee has been told that just because some “sharp” financial planning practices don’t breach the law doesn’t make them right....
Financial planning
ASIC has permanently banned a former authorised representative from ANZ's RI Advice Group as part of its Wealth Management Project....
Policy & Regulation
Peak super body, the AIST is disappointed ASIC’s funding model may mean funds would now have to pay for items that was previously not leviable, while ASIC has called it a...
Financial planning
The new industry funding model for the Australian Securities and Investments Commissions has passed through the Senate....
Policy & Regulation
The Australian Securities and Investments Commission has taken the unusual step of seeking the re-registration of a company as it continues to comb through the rubble of ...
Financial planning
An Australian Securities and Investments Commission report has confirmed that most fund managers don’t actually consumer-test their products before taking them to market....
Financial planning
The Australian Securities and Investments Commission chairman, Greg Medcraft has pointed to financial services technology as being a disruptor of vertical integration....
Financial planning
Macquarie Equities Limited has paid $24.7 million in compensation to 263 clients since it started its remediation program in 2014....
Funds management
Synergy Financial Markets has paid over $10,000 after ASIC found it had engaged in misleading advertising on its website....
Editorial
Mike Taylor writes that serious questions are being asked about whether the Government’s proposed enhancements to the AFSL breach reporting regime will be worth the incre...
Financial planning
The Australian Securities and Investments Commission has cancelled the license of Sydney-based company, Investment Advisers Alliance Pty Ltd....
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MARKET INSIGHTS
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...