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ASIC
Financial planning
The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission have published information on the implementation pathway for the R...
Financial planning
As assets in environmental, social and governance funds reach $3 billion, the regulator is conducting a review into ‘greenwashing’ in funds. ...
Policy & Regulation
Financial advisers are being asked for feedback by the regulator on the Financial Services and Credit Panel....
Financial planning
The number of search warrants issued by the Australian Securities and Investments Commission has tripled in the last year....
Features
The examples of failed managed investment schemes have reopened the question around the Government’s proposed model for a Compensation Scheme of Last Resort, writes Oksan...
Features
With a large proportion of financial advisers having now completed the FASEA exam, Alexandra Cain asks whether advisers who passed found it worthwhile?...
Expert Analysis
With popularity growing for holistic advice, writes Joanne Earl, there is further investigation to be done into why few people seek advice on their retirement....
Financial planning
The Big Four banks, AMP and Macquarie have paid or offered a total of $3.1 billion in compensation to customers who suffered loss or detriment because of fees for no serv...
Financial planning
The corporate regulator has shut down the idea of an external advisory board including financial advisers and consumer groups as it feels there would be limited value....
Financial planning
ASIC has acknowledged criticism that it failed to do enough to stop the failure of Sterling and said it will be testing its intervention powers in the future under the De...
Funds management
The Federal Court has ordered managed investment scheme operator, PE Capital Funds Management, into liquidation due to operating schemes without a licence....
Funds management
The final report into Sterling Income Trust has concluded the regulator displayed a “lack of concern” and its failure to take proactive action mean it is unlikely regulat...
Financial planning
The Administrative Appeal Tribunal has upheld the Australian Securities and Investments Commission’s 2015 banning of former Provident Capital director, Michael Roger O’Su...
Financial planning
The Federal Court has ordered RI Advice Group to pay a $6 million penalty for failing to take reasonable steps to ensure that its authorised representative provided appro...
Financial planning
The new Financial Accountability Regime between APRA and ASIC will have clearly defined roles to avoid duplicate reporting to multiple agencies....
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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...