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ASIC
Financial planning
ASIC has proposed the tightening of rules for some platform operators and responsible entities of managed investment schemes....
Accounting
ASIC has released draft SMSF auditor standards, based on 2008 standards released by the Joint Accounting Bodies....
Financial planning
There are terms hidden in the upcoming Future of Financial Advice (FOFA) legislation that every financial planner must be familiar with. ...
Funds management
The Australian Securities and Investments Commission (ASIC) has released an updated investor guide on unlisted property schemes, urging investors to seek financial advice...
Life/Risk
APRA expresses concern about unproven concepts involved in direct life sales....
Financial planning
Former Guardian Financial Planning financial adviser Susan Heathwood has been handed two suspended prison sentences after pleading guilty to two charges of dishonest cond...
Financial planning
APRA's annual report has revealed rising supervisory costs along with the number of exits and failures....
Superannuation
Consumers may be left unprotected if the regulators do not jointly implement the Standard Business Reporting (SBR) framework under new super fund reporting requirements, ...
Financial planning
Former Storm Financial authorised representative James Mousa has agreed to an enforceable undertaking following an investigation by the Australian Securities and Investme...
Editorial
The Australian Securities and Investments Commission (ASIC) last week released its consultation paper Future of Financial Advice: Approval of codes of conduct for exempti...
Financial planning
Many financial advisers are avoiding structured products in a bid to maintain simplicity, transparency and liquidity in their clients' portfolios....
Financial planning
Specialist lenders mortgage insurer Genworth has entered into a partnership with Lifeline to highlight the impacts of financial stress on families....
Financial planning
The 2004 class order issued under the Australian Securities and Investments Commission's (ASIC's) managed discretionary account (MDA) policy needs to be reviewed to bette...
Editorial
Mike Taylor writes that codes of conduct are only effective when those who sign up genuinely appreciate the consequences that follow a breach....
Funds management
ASIC is seeking penalties against the unlicensed operators of more than 12 offshore managed investment funds, which were found to comprise a single unregistered managed i...
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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...