ASIC
Financial planning
The Australian Securities and Investments Commission has released its half-yearly data on financial advice misconduct cases and enforcement outcomes....
Financial planning
The Advisers Association says it is “extremely unfair” that well-qualified, experienced, professional advisers have to go through more hoops than finfluencers to provide ...
Financial planning
An unregistered managed investment scheme operator in Western Australia has been charged with defrauding investors of $36.5 million in 50 counts of fraud....
Policy & Regulation
A former Sydney financial adviser has been sentenced to three years and two months imprisonment and fined $9,500 for acting dishonestly as a company director and stealing...
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....
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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...