ASIC
Policy & Regulation
The Australian Securities and Investments Commission has urged a Senate Committee to give it powers to deal with licensees and planners beyond those contained in the FOFA...
Policy & Regulation
ASIC’s licence exemption for fintechs to test products without a licence would not make a ‘material difference’ to everybody across the industry....
Financial planning
The AAT has reinforced ASIC’s banning of former Morgans Financial Limited client adviser, Ryan Batros from providing financial services for five years....
Financial planning
The AFA has voiced concerns ASIC’s industry funding model would pass costs aimed to remediate poor advisers on to all advisers....
Financial planning
The ASIC industry funding model bill failed to differentiate between miscreants and those advisers who did the right thing and provided no discounts for the latter....
Life/Risk
An additional layer of assistance to help consumers make a claim would add more confusion and would be seen as a way to discourage consumers from making a claim, a panel ...
Life/Risk
ASIC would review issues in the life insurance industry with a culture lens, ASIC told an FSC conference panel....
Financial planning
The Australian Securities and Investments Commission has looked to deepen its consultative relationship with financial advisers....
Funds management
ASIC has released guidance on risk management systems of responsible entities aimed at reduction of the potential losses for investors....
Financial planning
The corporate watchdog has cancelled the AFSLs of Capstone Capital and Rebate Financial Services....
Editorial
The recent Australian Securities and Investments Commission report on how large financial institutions oversee their advisers has served as a sobering reminder of the cha...
Editorial
The Australian Securities and Investments Commission review of Mortgage Broker Remuneration is reminiscent of the findings which gave rise to the Future of Financial Advi...
Features
Advisers might be keeping pace with technology, but are they on top of the regulation that goes with it? Hope William-Smith finds out....
Life/Risk
ASIC has once again called for the exemption removal of insurance claims handling from the Corporations Law after CommInsure was cleared of any wrongdoing as per the law....
Financial planning
ASIC has accepted an enforceable undertaking from former Macquarie Equities adviser, Anthony Wilson after finding he failed to comply with financial services law....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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...