ASIC

Editorial

Former FPA chairman, Matthew Rowe argues that the changing dynamics impacting the financial planning industry makes it inevitable that some organisations will wither and ...

Financial planning

ASIC declares adviser register implementation date

The ASIC adviser register is intended to be up and running on 31 March....

Financial planning

ASIC issues fraudster warning

ASIC issues fraudster warning...

Financial planning

Advisers bewildered over FOFA laws

Constant flip flopping of FOFA laws have left advisers in limbo over what regulations constitute as law, Holly Nethercote believes....

Financial planning

ASIC to flex muscles in 2015: law firm

Product manufacturers need to ensure their services and compliance procedures are up to standard, with ASIC set to take a hard-line approach in 2015, according to legal e...

Accounting

Accountants have dream run but failing licence applications

Accountants moving to become licensed have been given a generous run but are failing in high numbers when applying for a licence according to a former ASIC licensing spec...

Financial planning

Bad publicity destroys adviser sentiment

Adviser sentiment has plunged to its lowest level in two years across several measures as the financial advice profession is mired in negative publicity....

Financial planning

ASIC chairman reveals flight expenses

The chairman of Australia’s corporate regulator and his staff spent $45,000 in the second half of last year on international business travel, more than 80 per cent of whi...

Financial planning

Lender boosts standards following ASIC concerns

A Bundaberg-based building society has agreed to review its lending practices after ASIC raised concerns that it relied too heavily on information from a finance broker....

Superannuation

Trio/Astarra could repeat without ASIC telecom powers

ASIC warns that legislative moves which curtail its ability to access telecommunications data warrants will risk another Trio/Astarra....

Life/Risk

ASIC concerns prompt QBE to change complaint comms process

QBE will ensure all future communications relating to escalated complaints and dispute resolution will have the company’s branding rather than an external legal firm’s, u...

Life/Risk

Insurance broker banned from FS

ASIC has banned a Sydney-based insurance broker from the industry for three years after he allegedly failed to pass on collected premiums to insurers. ...

Financial planning

ASIC okays Corps Act relief

ASIC has approved nearly 500 applications for relief from provisions of federal legislation during the past September quarter. ...