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ASIC
Funds management
ASIC has launched Federal Court proceedings to wind up Avestra Asset Management, over allegations of persistent breaches of its duties....
Life/Risk
ASIC alleges Jamie McIntyre firms and Macro Realty Development have contravened the Corporations Act through a proposed property investment....
Financial planning
ASIC finds consumer leases market is failing low income earners and can be a very expensive household goods option....
Financial planning
ASIC has urged advisers and licensees to update details on its Financial Adviser Register (FAR) or be hit with new fees and charges....
Superannuation
Proposed ASIC class order changes to fees and costs disclosure are so opaque one industry group has called for whiteboards and an industry roundtable to dissect them....
Financial planning
Regulators like ASIC and APRA were requesting their overseas counterparts to help them scrutinise financial institutions, a law firm said....
Financial planning
A NSW-based tax and credit agent has been banned from providing financial services for four years after signing off on false documents created by his ex-wife....
Policy & Regulation
The Australian Securities and Investments Commission chairman, Greg Medcraft, wants access to a penalty regime which can be scaled to fit the magnitude of crimes....
Policy & Regulation
The stockbroking industry should not be targeted in ASIC’s cost recovery program as most complaints are against financial planners. ...
Financial planning
Spring FG has denied any direct links to a planner permanently banned by ASIC....
Financial planning
ASIC has imposed licensing conditions on a Queensland-based financial services firm after identifying concerns over its ability to effectively carry out their supervisory...
Financial planning
ASIC bans a former financial adviser after contravening financial services law when advising SMSF clients....
Policy & Regulation
The FPA supports user-pays funding for ASIC but only if it is equitable across the industry....
Financial planning
The Australian Securities and Investments Commission has flagged that bank planners and vertical integration are on the enforcement agenda for 2015/16....
Policy & Regulation
Financial services users will be hit with increased costs if the Government pursues a ‘user pays’ funding model for ASIC, bankers warn....
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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...