ASIC

Financial planning

Former investment manager linked to failed superannuation fund Trio Capital, Tony Maher, was sentenced to 25 months jail for financial gain through misleading statements....

Financial planning

Commonwealth Bank chief executive, Ian Narev has promised a detailed response to last week’s scathing Senate Committee report as Financial Services Minsiter, Senator Math...

Financial planning

ASIC says a royal commission into its handling of Commonwealth Financial Planning (CommFP) scandal would divert resources from other investigations it's currently pursuin...

Financial planning

The future of the Seante Committee report into the performance of ASIC resides with the Government which is already signalling a cautious approach....

Financial planning

The Commonwealth Bank (CBA) has rejected a senator’s claims that it deliberately kept regulators in the dark and played down the seriousness its planning groups’ actions ...

Financial planning

ASIC has signalled its oversight of enforceable undertakings is likely to be more rigorous....

Financial planning

ASIC should be subject to regular reviews while FOS should move to a higher award regime...

Financial planning

Senate Committee recommends higher education, professional association membership and enshrinement of ‘financial planner’ in report on ASIC performance...

Financial planning

ASIC should be given the power to immediately suspend financial planners who it suspects have engaged in misconduct according to Senate Committee....

Superannuation

ISA claims bank owned super funds ran campaign to remove ads but will continue with them after making changes required by ASIC ...

Policy & Regulation

ASIC, Treasury and the TPB have been urged to ensure the harmonisation of the standards applied to advisers....

Policy & Regulation

Questions are being asked about Industry Super Australia’s integrity after its 'Compare the Pair’ advertising campaign was labelled as potentially misleading by ASIC....

Financial planning

Class action cases being taken against financial planning groups are being hailed as “a good thing” by ASIC chair, Greg Medcraft....

Financial planning

The Senate Committee reviewing the operations of ASIC is expected to table its final report today....

Superannuation

Industry Super Australia (ISA) has voluntarily offered to change its 'Compare the Pair’ advertising campaign after concerns were raised by the Australian Securities and I...

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