The Federal Court has given ASIC the green light to pursue Storm founders in court over the failure of the dealer group. ...
Suncorp reports itself to ASIC and accepts life and general insurance compliance upgrade. ...
As we edge closer to 1 July 2013, Fiona Mackenzie encourages practices to look at how fit for FOFA they are and what they can do to become FOFA-ready....
Choosi’s parent company Hollard Financial Services has agreed to change the way it promotes funeral insurance under the Real Insurance brand, as a result of concerns rais...
ASIC may have to explain to a Parliamentary Committee why, when its resources are stretched, it has expended effort reviewing the operations of an independent statutory b...
ASIC seeks industry input on a shift to higher knowledge and skills levels for planners. ...
ASIC points to conflicted, commission-driven culture at Commonwealth Financial Planning five years ago....
The Senate Committee reviewing ASIC will be looking well beyond the issues of the 2011 Commonwealth Financial Planning enforceable undertaking. ...
Daily media coverage of the events leading up to the CFP enforceable undertaking generates moves for another Parliamentary inquiry....
The Federal Government and ASIC insist that life/risk churn is real and that it is a serious issue. There exist many advisers in the life/risk space who believe ASIC and ...
When ASIC announced it was appealing a Federal Court decision to approve a settlement between former Storm Financial clients and Macquarie Bank Limited, it broke new grou...
A former mortgage broker has pleaded guilty to 10 charges of providing false loan applications to lenders totaling almost $3.8 million....
It was not a formal valedictory but Financial Services Minister, Bill Shorten, used an FSC function to thank those involved in the FOFA and financial services policy chan...
Following SuperRatings criticism of the FSC/ASFA standard risk measure yesterday, ASFA has said it will incorporate the points made in a review of the SRM later this year...
ASIC has released an information sheet on limited AFSLs, explaining in further detail their definition and scope....
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...