ASIC
Financial planning
A former Perth financial adviser has been sentenced after dishonestly obtaining over $35,000 from his clients’ superannuation. ...
Funds management
A few days after being fined by ASIC over alleged greenwashing, Vanguard has exited the global Net Zero Asset Managers alliance....
Financial planning
Over half of advisers sitting the November financial adviser exam passed the test, according to latest ASIC figures....
Policy & Regulation
ASIC has commenced Federal Court proceedings against OnePath Life for allegedly failing to act with utmost good faith during claims handling, the first time it has sought...
Financial planning
A former Tasmanian-based financial adviser has been convicted of fraud....
Policy & Regulation
ASIC has changed the status of the AFS licence for two financial services groups, one of which had its director banned in October over his refusal to pay AFCA determinati...
Funds management
ASIC has commenced its first civil penalty case for alleged breaches of design and distribution obligations....
Financial planning
The Financial Services Council has warned it would be unwise for ASIC to be given greater powers in creating financial services legislation and any steps towards this sho...
Funds management
ASIC has placed interim stop orders on four funds from two companies, taking the number of orders to more than 20 to date under the design and distribution obligations....
Financial planning
There are 16 days until Quality of Advice Review deadline this month, so Money Management has crunched the numbers on the current state of the adviser landscape....
Financial planning
ASIC has released the dates for the 2023 financial adviser exam dates....
Funds management
ASIC has pinpointed five managed funds that need to improve their marketing oversight....
Policy & Regulation
The Federal Court has dismissed proceedings brought by ASIC against CBA regarding $55 million in fees being charged to almost one million customers....
Policy & Regulation
ASIC senior executive leader, Leah Sciacca, has reiterated the corporate regulator “encourages tech and innovation” in the financial services industry. ...
Features
The collapse of crypto giant FTX has renewed calls for greater regulation of digital assets and the role of financial advice. ...
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Podcast
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...