ASIC
Financial planning
The Australian Securities and Investments Commission (ASIC) has extended the class order relief for funded representatives involved in the winding up of an insolvent comp...
Editorial
Mike Taylor argues that if financial planners are to follow a template for becoming a profession, they should choose medicine over the law....
Policy & Regulation
Updated regulatory guidance published by the Australian Securities and Investments Commission (ASIC) late last year has shifted much of the compliance burden directly ont...
Financial planning
Responsible entities (REs) for managed funds should be subject to a two-tiered regulation process that weeds out those that do not have the skill set to assess complex pr...
Financial planning
The new guidance on best interests duty implies asset-based fees are just as conflicted as commissions, according to Claire Wivell Plater....
Superannuation
Auditor General told that a moral hazard may be generated by the manner in which the so-called APRA levy is raised....
Editorial
Apart from volatile markets and investor sentiment, this year has also seen major policy developments, new investment trends and key career and business moves. Tim Stewar...
Editorial
A small number of bad apples in the financial services industry once again managed to attract significant attention in 2012....
Financial planning
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence of Sydney-based planning practice Cabot Square Financi...
Financial planning
The Shadow Assistant Treasurer, Senator Mathias Cormann, confirms he remains to be convinced on the need to legally restrict use of the term 'financial planner/adviser'....
Accounting
LGH Holdings director and accountant Mark Ronald Letten will stand trial on more than 30 criminal charges in relation to property holdings and development of real propert...
Financial planning
Former South Australian financial planner Trevor Wayne Carll has been sentenced to two years in prison with a 13-month non-parole period....
Financial planning
AMP Horizons has made changes to its advice processes after they were found wanting by the Australian Securities and Investments Commission (ASIC)....
Editorial
The Financial Planning Association’s ‘side deal’ with the Industry Super Network on FOFA drew plenty of flack from many key industry figures....
Editorial
The Financial Services Council's position on life insurance churn proved controversial, attracting criticism from the likes of Synchron's Don Trapnell....
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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...