ASIC

Financial planning

ASIC has used its fourth major submission to the Senate Inquiry to point to a brand new culture at Commonwealth Financial Planning....

Financial planning

ASIC remains busy over holidays

The corporate regulator has worked through the Christmas and New Year period, having made a number of key announcements during the three weeks....

Funds management

Former Prime Trust directors breached duties

Former directors of Prime Trust, including former Federal Minister for Health and Aged Care Dr Michael Wooldridge, breached their duties as company officers, according to...

Financial planning

ASIC clamps down on dishonest mortgage brokers

Four mortgage brokers banned for providing false information....

Financial planning

ASIC defends use of outside expertise

ASIC defends its use of industry experts and insists such practices are subject to robust conflict management....

Financial planning

ASIC wants to wind up Tassie debenture firm

The Australian Securities and Investments Commission (ASIC) wants to shut down a Tasmanian debenture firm, which it says failed to meet the strict legal requirements of i...

Financial planning

ASIC rejects reports it compromised regulations

ASIC rejects suggestions that an exemption allowed for generic online calculators compromised its regulatory approach....

Superannuation

ASIC edges into MySuper regulation

ASIC edges into MySuper regulation with guidance around product dashboards and super web sites....

Financial planning

Opes Prime investigation leads to new charges

Investigations into the fall of Opes Prime have led ASIC to unveil a series of alleged market manipulations from a Melbourne businessman....

Financial planning

Henderson Global launches new fund

Henderson Global Investors has further grown its Australian presence with the launch of a new fund — the Henderson Global Equity Fund....

Superannuation

SPAA backs ASIC's push for improved SMSF advice

ASIC's goal to improve the standard of advice given to prospective SMSF trustees has been welcomed by SPAA. ...

Financial planning

Mortgage brokers 10 years behind advisers, says exec

While the financial advice industry remains subject to much surveillance and scrutiny, the regulators are 10 years behind in bringing mortgage brokers to task, some claim...

Financial planning

ASIC cracks down on misleading accounts

The Australian Securities and Investments Commission (ASIC) has moved to stamp out misleading terminology that has led some pensioners to believe they are earning a highe...