ASIC

Financial planning

ANZ has agreed to send out gift cards to income protection insurance customers after ASIC concerns....

Superannuation

APRA has revised six of its superannuation reporting standards after complaints of confusion from key stakeholders....

Financial planning

ASIC cancels licence of CBA-purchased planning group nine months after deal concluded. ...

Financial planning

Regulator permanently bans former authorised representative and director of an investment trustee for misleading and deceptive conduct....

Financial planning

ASIC frustrated that the penalty regime imposed is less than the profit companies gain from poor behaviour, and that disclosure is no longer a 'disinfectant’ for law-brea...

Superannuation

ASIC and APRA jointly clarify the need for consistent information on MySuper products....

Financial planning

Commonwealth Financial Planning whistleblower Jeffrey Morris claims ASIC failed to act to cover its own incompetence....

Financial planning

Australia’s corporate regulator is severely limited in the range and severity of penalties it can hand out for wrongdoing - particularly compared to the US and UK, a revi...

Financial planning

ASIC is facing a permanent reduction in funding and is looking to cut staff as a result....

Superannuation

A self-managed super fund (SMSF) provider has paid a $10,200 infringement notice penalty for misleading advertising on the cost of setting up an SMSF....

Financial planning

Business of securities adviser subject to an enforceable undertaking has licence cancelled....

Financial planning

Commsec has been fined $55,000 after an erroneous order for a telecommunications product skewed the market price....

Editorial

Based on recent media coverage, it would be easy to believe that the Abbott Government was quite recklessly setting about dismantling all the consumer protections contain...

Policy & Regulation

The Assistant Treasurer, Senator Arthur Sinodinos, says ASIC will monitor FOFA changes to ensure they are meeting their objectives....

Financial planning

The corporate regulator welcomes FOS’ focus on timeliness, but makes no mention of long-term structural change....

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ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

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