City Index Australasia and its director Blair Jason Travers have been found guilty in Melbourne's Federal Court of a cold-calling scam that promised to generate returns f...

Government outlines basis for registering SMSF auditors while ASIC will devise a competency exam in consultation with the industry....

The Institute of Chartered Accountants in Australia has welcomed the auditor registration regime but with some caveats....

The cost of registering as a self-managed superannuation fund (SMSF) auditor is likely to be in the hundreds of dollars rather than thousands, according to SMSF Professio...

The deepening use of social media for member communication is pushing superannuation funds closer to transgressing the legal frameworks set in place to govern general and...

The Government’s Future of Financial Advice (FOFA) legislation passed through the Senate yesterday, but there seems to be some confusion over whether the terms 'financial...

BMW has been ordered by ASIC to repay $1,392,667 to customers after the car financer breached the National Credit Code....

With submissions being considered by ASIC, it is essential that the financial services industry understands the potential ramifications of removing the current pay-for-ra...

Avant has responded to ASIC concerns regarding a recent mail-out to policy holders that contained potentially misleading information....

The Government's Future of Financial Advice (FOFA) bills have passed the Senate, moving the hard compliance date back to 1 July 2013....

Mike Taylor writes that the Federal Opposition has signalled some of the so-called ‘concessions’ extracted around the passage of the FOFA bills may not have a life beyond...

Australian Life Insurance Distribution will be required to adhere to additional compliance conditions after ASIC found the company had failed to comply with several condi...

ASIC has released guidance on the shorter product disclosure statement regime which will apply to superannuation and simple managed investment scheme providers....

Finding a good adviser is 'almost a matter of chance' according to Vanguard head of corporate affairs and market development Robin Bowerman....