ASIC
Financial planning
Following calls by the FPA for industry to work together in raising awareness around the benefits of financial advice, both ASIC and the FOS have given their support to F...
Superannuation
ASIC’s Medcraft claims SMSFs are particularly at risk with respect to hybrid securities....
Financial planning
Some sections of the financial planning industry do not have a full understanding of what research houses do and to what extent their ratings can be relied upon. ...
Life/Risk
Former insurance adviser admits filing false applications for commission earnings. ...
Rate the raters
If a product receives a glowing review by a research house and subsequently fails, should the research house be partly responsible? The Parliamentary Joint Committee rece...
Financial planning
A US-based online brokerage has ceased providing new margin loans to its Australian clients following an investigation into the conditions of its AFSL....
Financial planning
Regulator concerned about adequacy of trader's market risk management systems ...
Financial planning
The former chairman of failed Tasmanian timber company Gunns Limited has been convicted of insider trading and fined $50,000 following an investigation by the Australian ...
Financial planning
A major law firm has warned Australian consumers against taking advice from bank financial planners....
Financial planning
Education provider confident licensees can choose quality training without regulator oversight....
Financial planning
The latest ASIC Market Supervision Report reveals practices amongst securities dealers which might make a planner blush. ...
Financial planning
A former mortgage broker and financial services representative has been permanently banned after engaging in dishonest conduct. ...
Financial planning
An Investment Trends survey conducted two months before FOFA came into effect revealed only 23 per cent of financial planners felt ready....
Financial planning
A former WealthSure financial adviser has pleaded guilty to 22 criminal charges including falsifying client withdrawal requests....
Financial planning
ASIC will continue its crackdown on the mis-selling of hybrid securities. ...
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MARKET INSIGHTS
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...