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ASIC
Policy & Regulation
A Victorian authorised representative has been charged with engaging in dishonest conduct in the course of carrying on a financial services business and providing unlicen...
Financial planning
Today is the final day for candidates who need to pass by 1 October to register for the last sittings of the financial adviser exam....
Policy & Regulation
The Federal Court has found Select AFSL, the subject of a Royal Commission case study, engaged in unconscionable conduct when selling insurance products and provided conf...
Policy & Regulation
ASIC has commenced civil penalty proceedings in the Federal Court against ‘licensee for hire’ company Lanterne Fund Services, as its systems and processes were “wholly de...
Policy & Regulation
ASIC has banned Melbourne-based financial adviser David Noel Ruthenberg from providing financial services for three years....
Policy & Regulation
ASIC has commenced civil penalty proceedings against Mercer Financial Advice for allegedly making false or misleading representations to its customers about fees charged ...
Financial planning
In the final days of the financial year, Money Management reviews the number of charges made by ASIC against current and former financial advisers in the second half of 2...
Financial planning
ASIC has sought to freeze the assets of Ashley Vincent Arandez who is alleged to have obtained $2.5 million from investors by suggesting their funds would be invested in ...
Financial planning
An Adelaide financial adviser has been charged with falsifying company books following an ASIC investigation....
Superannuation
ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....
Funds management
ASIC has highlighted examples of problematic marketing in managed funds and expects to make a series of regulatory outcomes in the next few months....
Financial planning
There is only one sitting left for advisers yet to pass the exam as the Australian Securities and Investments Commission reveals the pass mark for May’s exam....
Policy & Regulation
Former Queensland financial adviser, Lawrence Toledo, has been convicted and fined $1,500 after pleading guilty to three charges of breaching an Australian Securities and...
Policy & Regulation
A former subsidiary of Commonwealth Bank has been penalised $1.7 million for failing to update defective disclosure statements, the first conviction of its kind....
Funds management
There are nine questions that fund managers need to ask themselves when launching a fund in order to prevent greenwashing, according to ASIC....
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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...