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ASIC
Policy & Regulation
ASIC has been called out by the Senate economics reference committee for undermining the process of an inquiry into its investigation and enforcement actions by submittin...
Financial planning
A financial adviser has been found guilty by the District Court of Western Australia of stealing from clients. ...
Financial planning
Describing artificial intelligence as a "high and important priority" for the regulator, it indicated it would hold consultations to reflect latest developments....
Financial planning
ASIC has released the pass mark for this year’s May financial adviser exam with almost three-quarters of candidates sitting for the first time....
Financial planning
EXCLUSIVE A lack of regulatory confirmation is making it difficult for firms to move into the digital advice space, according to abrdn, and changes under Quality of Advic...
Financial planning
A Western Australian financial adviser is on trial for allegedly stealing $1 million from the superannuation accounts of eight clients to fund his gambling habit....
Financial planning
New analysis from Wealth Data has revealed that some 175 advisers have been affected by disciplinary actions over the last nine years....
Financial planning
An unlicensed financial adviser, Monica Kaur, has been permanently restrained from carrying on a financial business and her unregistered managed investment has wound up b...
Financial planning
EXCLUSIVE As clients increasingly seek sustainability-related products and funds, advisers who recommend them could eventually fall under the greenwashing purview of regu...
Funds management
The Financial Services Council has updated its design and distribution obligations template for fund managers in line with concerns raised by ASIC about the initial regim...
Superannuation
The registrations of 29 self-managed superannuation fund auditors have been cancelled by ASIC for failing to lodge annual statements....
Editorial
Contrary to claims that finfluencers are a more accessible alternative to advisers, this licensed finfluencer believes she plays a complementary role towards easing inves...
Funds management
Four interim stop orders issued against Spaceship are the latest in a series of issues between the investment firm and the regulator over the last five years....
Financial planning
Single disciplinary body the Financial Services and Credit Panel has published its first outcome, relating to an adviser who impersonated a client on the phone....
Financial planning
ASIC has suspended the AFS licence of a managed investment schemes and general advice provider after it failed to lodge financial statements and audit reports for the fin...
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...