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ASIC
Financial planning
ASIC has concluded monitoring dealer group, Lionsgate Financial Group after it imposed additional conditions on the firm’s AFSL in 2013 for failure to ensure its advisers...
Financial planning
A forensic report found the CBA failed to meet the time-frames for several clients who requested reviews for poor advice provided between 2003 and 2012....
Financial planning
ASIC has permanently banned Christopher John Griggs from providing financial services for his dishonest conduct....
Superannuation
ASIC’s extension of fee and cost disclosure requirements for super trustees will assist the industry to increase transparency, ASFA believes....
Financial planning
ASIC has launched a digital toolkit aimed at helping Australians navigate financial advice and assist with the research....
Financial planning
ASIC has banned a former Westpac financial adviser from providing financial services for eight years after finding cases of inappropriate advice provided to clients....
Financial planning
ASIC and Morgans Financial Limited have agreed for an independent compliance consultant to monitor and review Morgan’s implementation of recommended compliance measures....
Policy & Regulation
A Parliamentary Committee is recommending tough action by ASIC in naming miscreant licensees and planners and requiring contact with affected clients....
Financial planning
Members of the Financial Planning Association have been granted ASIC relief from opt-in if they sign up to the FPA’s Professional Ongoing Fees Code....
Editorial
Mike Taylor writes that accountant licensing has thus far proved to be the revolution which has not quite happened but the clock is still ticking. ...
Financial planning
Licensees have been urged to pre-arm themselves with replacement premium registers to counter accusations of churn....
Financial planning
ASIC has banned a former AMP Financial Planning authorised representative from providing financial services for eight years after finding he had engaged in forgery and mi...
Financial planning
ASIC has banned a former Sentinel Private Wealth authorised representative from providing financial services for five years after he failed to comply with financial servi...
Financial planning
A former Queensland financial planner has been jailed for seven years on charges including forgery and fraud....
Superannuation
ASIC has pointed out that super funds which offer employers seats in their corporate boxes at major sporting events may be guilty of providing an illegal inducement. ...
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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...