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ASIC
Financial planning
The Capital Markets Cooperative Research Centre says ASIC chairman, Greg Medcraft, is off the mark when he pushes for a national exam in the absence of evidence it will a...
Financial planning
The major industry funds groups want ASIC to receive better budgetary resourcing to regulate financial planners....
Accounting
ASIC must forge a tighter relationship with the industry it regulates if it is to improve effectiveness of its regulation, according to CPA Australia and Chartered Accoun...
Financial planning
ISA has reiterated its calls for advisers to move with haste to a fee-for-service model, with all commission-based fees banned, including on life insurance....
Financial planning
The corporate regulator has hit out at the media for saying it bungled a loan fraud case worth $110 million, claiming the transgression it’s being blamed for is outside i...
Financial planning
The former director of a foreign exchange provider has been “restrained” from providing financial services after providing services not covered by its licence....
Financial planning
ASIC has imposed conditions on the licence of Guardian Advice after finding advice that lacked a reasonable basis or lacked evidence it was given in the best interest of ...
Financial planning
ASIC has concluded the past year with a spate of financial services licence cancellations with a total of 10 licences cancelled in the last working week before Christmas....
Superannuation
ASIC cancelled the AFSL of Coal Industry Superannuation Fund after its merger with AUSCOAL Super last year....
Financial planning
Two Melbourne men and one of their partners have been charged with conspiring to defraud financial institutions of approximately $110 million, following an ASIC investiga...
Financial planning
A Victorian adviser has agreed not to provide financial services for a year under the terms of an EU with ASIC....
Funds management
ASIC plans to probe the mortgage lending standards of the Big Four, particularly honing in on interest-only loans. ...
Financial planning
A broker will refund $477,900 to 2000 consumers after the corporate regulator found it had charged consumers a brokerage fee when it was not allowed to....
Financial planning
An Australian Securities and Investments Commission (ASIC) investigation will see a managed discretionary account provider change the way it offers foreign exchange servi...
Financial planning
The FSI final report recommendations has singled out life/risk commissions for particular attention, urging a level commissions approach....
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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...