ASIC
Superannuation
ASIC's goal to improve the standard of advice given to prospective SMSF trustees has been welcomed by SPAA. ...
Financial planning
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
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...
Funds management
Almost half the advice on structured products lacked on compliance, the regulator said after reviewing 50 SOAs....
Financial planning
Consumer-dominated submissions reflect lack of confidence in watchdog. ...
Financial planning
ASIC Chairman Greg Medcraft has accused the media of trying to smear its staff and culture....
Financial planning
Victorian planner ordered to pay back funds while Perth adviser faces fraud and stealing charges....
Financial planning
Mortgage broking house Mortgage Choice forks out $30,000 in fines over false advertising....
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....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...