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ASIC
Financial planning
Both Custom Wealth Solutions and Custom Wealth Solutions Dealer Services Pty Ltd have entered external administration. ...
Superannuation
Industry Super Australia has called on ASIC to conduct an audit of orphan commissions. ...
Financial planning
ASIC has permanently banned Southport-based former financial adviser, Grant Patrick Thompson, from providing financial services....
Financial planning
Super funds have received a deadline extension to 1 July 2015 for compliance with fee and cost disclosure requirements....
Superannuation
The Australian Securities and Investments Commission (ASIC) released guidance for superannuation funds and their trustees on information disclosure on their websites in a...
Financial planning
ASIC permanently bans adviser after finding he disbursed client funds to parties related to the adviser....
Financial planning
CommFP counters claims by ASIC that it was not informed of key elements of client compensation arrangements...
Editorial
Mike Taylor writes that if the Senate Committee inquiry reviewing the actions of ASIC has achieved nothing else, it has has identified just how reliant the regulator has ...
Financial planning
Merrill Lynch Equities (Australia) Limited has paid a penalty of $65,000 to comply with an infringement notice relating to a breach of the Corporations Act 2001. ...
Financial planning
ASIC has banned two advisers from providing financial services for up to five years. ...
Financial planning
The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....
Financial planning
ASIC chairman, Greg Medcraft admits ambiguity led to CommFP client compensation failures, but claims the bank was not “upfront”....
Editorial
Mike Taylor writes that the board of the Commonwealth Bank must be wondering how it was possible for the controversy around Commonwealth Financial Planning to get worse....
Policy & Regulation
ASIC executive claims consumer misunderstandings were exploited for the benefit of financial services providers....
Financial planning
Penalties for financial planners who breach the law are not severe enough, the Australian Securities and Investments Commission believes....
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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...