ASIC

Financial planning

ASIC has released updated guidelines on its shorter Product Disclosure Statement (PDS) push, reminding superannuation providers to detail cooling-off periods and costs. ...

Superannuation

SPAA warns that requiring financial planners to provide warnings on SMSF compensation is too simplistic. ...

Superannuation

SPAA says absence of SMSF training standards in new RG146 is surprising, given regulator’s concerns....

Superannuation

Industry bodies call into question Rice Warner research on costs of SMSFs....

Superannuation

Financial planners are already subject to the best interests duty, so any additional requirements with respect to SMSF advice would be redundant, according to the FSC....

Financial planning

ASIC chairman Greg Medcraft expresses concern at the time it takes to get matters before the courts....

Superannuation

A Senator has asked ASIC to look into the potential conflict of interests in the establishment of a new media outlet fully financed by three industry super funds....

Funds management

ASIC chairman Greg Medcraft says pursuing compensation similar to Storm might better be left to the “class action industry”....

Superannuation

Warning self-managed super funds (SMSFs) that they are not entitled to compensation is too “simplistic” and needs to factor in all financial assistance available....

Superannuation

Linda Elkins has been named Superannuation Executive of the Year in Money Management/Super Review’s Women in Financial Services Awards 2013. ...

Financial planning

Planners within Peter Daly’s new Beacon Group are being encouraged to sign up to a defence trust under the auspices of AIOFP....

Superannuation

SPAA CEO Andrea Slattery has shut down the notion that SMSF trustees should have a competency test, deeming it elitist....

Superannuation

The two major industry super fund lobby groups have issued warnings on the costs of establishing an SMSF....

Financial planning

Former senior ASIC executive claims regulator’s task has shifted while the organisation has stood still....

Financial planning

ASIC chairman Greg Medcraft says the regulator has been examining all the submissions to the Senate Inquiry so ASIC can do a better job....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

6 days 18 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 4 days ago