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ASIC
Financial planning
The former chair of ASIC Tony D’Aloisio will chair listed financial services technology provider IRESS....
Financial planning
ASIC wants the power to investigate bank managers if it suspects they are coercing planners into selling risky products, Fairfax Media reports. ...
Funds management
A Victorian property developer who defrauded investors has been sentenced to five years and three months in jail, following an investigation by ASIC....
Financial planning
ASIC plans to have more ‘cops on the beat’ as it targets the financial advice sector....
Life/Risk
ASIC’s upcoming report on risk insurance churn is likely to lead to further debate on removing commissions but would overlook the related costs of advice according to Syn...
Financial planning
The financial planning industry has illustrated “inappropriate levels of quality” going back more than a decade, ASIC said....
Financial planning
Regulator claims Macquarie Equities Limited (MEL) had “very poor” record keeping and lack of detail in its advice documents....
Financial planning
ASIC will investigate former financial advisers with the Macquarie group which is to contact 160,000 clients who received advice over the past decade about the possible p...
Accounting
A Melbourne accountant has been jailed for five years and eight months for operating 21 unregistered managed investment schemes relating to property development....
Editorial
The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...
Financial planning
Law firm suggests simple licensing compliance is the best way of avoiding undue regulatory attention....
Editorial
The Commonwealth Bank has delivered a solid full-year result with its financial planning troubles making little impact in terms of comments or provisioning....
Financial planning
Your Super Accountant has paid a $2040 infringement notice penalty in relation to potentially misleading statements about the cost of setting a self-managed superannuatio...
Financial planning
Esuperfund Pty Ltd has paid $30,600 in penalties after ASIC issued three infringement notices in relation to “false or misleading” online advertising....
Financial planning
Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....
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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...