ASIC
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...
Financial planning
The regulator has warned the public to be wary of an email claiming to be from Sydney Credit Union which contains reference to ASIC chairman Greg Medcraft....
Financial planning
ASIC is warning investors of a cold-calling scam that appears to be linked to a series of fraudulent businesses....
Funds management
ASIC has released a consultation paper that aligns with international standards on risk management for the managed funds sector, it said....
Life/Risk
A Sydney insurance broker has been permanently banned from providing financial services following an investigation by the Australian Securities and Investments Commission...
Editorial
“If you don’t think financial advice on life insurance is a problem area for ASIC and for industry, please think again.” ...
Editorial
With the Australian Securities and Investments Commission having fired a shot over the bows of the industry on the question of churn, the Risk Store’s Sue Laing argues th...
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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...