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ASIC
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....
Policy & Regulation
The FSI final report has placed stockbrokers squarely in the regulatory cross-hairs....
Financial planning
The FSI final recommendations seek to place greater onus on product manufacturers....
Financial planning
The FSI final report has recommended establishing a Board to oversight both APRA and ASIC....
Financial planning
FPA chief executive, Mark Rantall, has expressed disappointment that the ASIC chairman’s comments impacted the entire profession....
Financial planning
Much as a judge or magistrate has a duty to stay impartial when hearing matters which come before their courts, so too does a Commonwealth regulator....
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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...