ASIC
Financial planning
A Melbourne adviser who placed close to $700,000 of client money in a failed investment scheme is charged with inappropriate advice....
Financial planning
Financial planning broker firm Radar Results has been placed in liquidation as a result of an internal restructure....
Superannuation
ASIC Commissioner Peter Kell has pointed to poor quality advice with respect to SMSFs and the influence of real property spruikers....
Financial planning
ASIC has delayed work on its financial planner training framework while the Future of Financial Advice reforms are being implemented. ...
Superannuation
ASIC Commissioner Peter Kell has pointed to poor quality advice with respect to SMSFs and the influence of real property spruikers....
Financial planning
ASIC has accepted an enforceable undertaking (EU) from financial services business City Index Australia....
Financial planning
Industry commentators claim low-cost dealer groups could be an accident waiting to happen....
Funds management
ASIC has suspended LM Investment Management’s AFSL for two years as its investigation into the fund manager continues. ...
Superannuation
MySuper licences could be cancelled if super fund trustees breach guidance on giving and collectively charging for intrafund advice, ASIC has warned....
Editorial
While the gender balance of the executive ranks and company boards of financial services companies remain decidedly slanted, a growing number of women are breaking new gr...
Financial planning
The Bank of Queensland will have to refund approximately $12 million to around 6000 mortgage customers following a system error....
Financial planning
ASIC has accepted an enforceable undertaking (EU) from Halifax Investment Services after an investigation found deficiencies in the company’s risk management and complia...
Accounting
ASIC has handed a NSW-based accountant a six-year ban from providing financial services following an investigation....
Financial planning
A securities dealer has volunteered to wind back its operations after an ASIC review found the company had breached conditions of its Australian financial services licenc...
Superannuation
SMSFs should be responsible for their wins and losses, which is why there should be no special statutory safety net for them when it comes to fraud, according to Challeng...
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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...