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ASIC

Financial planning

ASIC has permanently banned former Morgan Stanley adviser, Andrew Panayiotides, from providing financial services....

Policy & Regulation

The Australian Securities and Investments Commission has remade two legislative instruments and also repealed one ahead of their expiry in April....

Financial planning

An Interprac Financial Planning authorised representative has closed his website after ASIC flagged concerns over misleading advertising....

Financial planning

ASIC has proposed the use of its statutory power to modify provisions of the National Credit Act to prohibit the use of flex commissions in the car financing industry....

Funds management

Private equity funds have urged ASIC to address “flawed implementation” of new fee disclosure requirements....

Financial planning

ASIC has commenced civil penalty proceedings against Westpac for breaching home-loan responsible lending laws....

Editorial

The days of the major banks competing for major wealth management assets are gone due to a combination of indifferent financial results and regulatory and reputational ri...

Funds management

Share Investing Limited has paid a penalty of $130,000 after it complied with a Markets Disciplinary Panel infringement notice. ...

Financial planning

ASIC has cancelled Sovereign MF’s AFSL as liquidators are in the final stages of winding up its schemes....

Financial planning

ASIC has banned Roan Financial Group’s Darren Tindall from providing financial services for five years after the FPA received a complaint against him for dishonest conduc...

Editorial

Was the life insurance industry ever really guilty of “excessive” churn or was churn a means to a politically-motivated end?...

Editorial

The Australian Securities and Investments Commission has left Federal Parliamentarians in no doubt that it has concerns about the compatibility of vertical integration wi...

Features

Accountants remain the most trusted advisers for SMSF clients but with licensing take-up remaining low following the accountants' exemption, what will this mean for SMSF ...

Policy & Regulation

The Australian Securities and Investments Commission has warned that while open APLs might help, the benefits will be undermined by vertical integration and conflicts of ...

Financial planning

ASIC has signalled the possibility that higher education standards for planners may also extend to RG 146....

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Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

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