ASIC

Financial planning

Thirty mortgage investment schemes managed by former Western Australian (WA) finance broker Knightsbridge Finance will be wound up under orders from the Supreme Court of ...

People & Products

Donselaar heads to Westpac

The Australian Securities and Investments Commission (ASIC) Consumer Protection special adviser Annette Donselaar will depart the watchdog early next year to take on a jo...

Financial planning

ASIC gives HFA slap on wrist

The Australian Securities and Investments Commission (ASIC) has issued an interim stop order on Hedge Fund of Australia’s (HFA) short form wholesale offering document for...

Financial planning

ASIC will not oppose shelf space charges

The investment watchdog will not stand in the way of any financial planning group or master trust operator who charges fund managers a fee to appear on their recommended ...

Financial planning

ASIC moves in on Harts

The Australian Securities and Investments Commission (ASIC) has appointed a provisional liquidator to listed financial services group Harts Australasia, after receiving a...

Financial planning

Harts to battle ASIC in court

Financial services group Harts Australasia has said it will strenuously defend yesterday’s appointment of a provisional liquidator to wind up the group by the Australian ...

Financial planning

Tough times ahead for agribusiness.

The Financial Services Reform Bill (FSRB) will alter the landscape in which agribusiness has to work. John Wilkinson reports on how the new rules will impact this investm...

Financial planning

Second ASIC executive poached

Australian Securities and Investments Commission (ASIC) senior executive Shane Tregillis, who was closely involved with the development of ASIC policy papers in response ...

Financial planning

AMP denies merger talks

AMP has responded to media speculation that it has been in discussions regarding a merger with the National Australia Bank....

Financial planning

What is wrong with FSRB part II

Tom Collins reckons the Financial Services Reform Bill currently before parliament will make life easier for unscrupulous operators and tougher for the honest opertors. H...

Financial planning

Harts to fight for Cardinal licence

Harts subsidiary Cardinal Financial Services has vowed to fight the Australian Securities and Investments Commission (ASIC) over its decision to revoke its dealers licenc...

Financial planning

ASIC revokes licence of Harts subsidiary

Financial planning group Harts Australasia has taken another hit after a subsidiary of the group had its dealers licence revoked by the Australian Securities and Investme...

Financial planning

Adler offloads planning stake

Beseiged financial services entrepreneur Rodney Adler is to sell his stake in Financial Services Partners, a group which has interests in three dealer groups, NOW Financi...

Financial planning

ASIC takes action against ex-GIO directors

ASIC takes action against ex-GIO directors...

Financial planning

Why ASIC shut down Chapel Road.

ASIC effectively shut down Chapel Road when it revoked the dealer group’s licence in May. However, concerns about a number of other dealer group’s compliance procedures o...