ASIC
Financial planning
While guidance for advisers is welcome, the onus is also on the Government to educate consumers on how much weight they should give finfluencers versus licensed professio...
Policy & Regulation
The Australian Securities and Investments Commission has confirmed 10 financial advice misconduct criminal cases are before the courts with six civil cases also yet to be...
Financial planning
The percentage of candidates who passed February’s financial adviser exam, the first one under the Australian Securities and Investments Commission, has fallen to 32.4%. ...
Financial planning
The regulator’s guidance on ‘finfluencers’ is welcome but more needs to be done to protect consumers, according to Stockspot, including banning them from product commissi...
Policy & Regulation
The Australian Securities and Investments Commission has commenced surveillance into the marketing of managed funds following recent enforcement against fund managers mis...
Financial planning
The Australian Securities and Investments Commission has warned Australian financial services licensees that they could be liable for misconduct if they work with financi...
Financial planning
The acquisition has brought a new combined entity of WT Financial Group and Synchron to 560 advisers, as per Australian Securities Investment Commissions’ Financial Advis...
Policy & Regulation
The regulator has permanently banned former authorised representative, Roderick Halligan, from providing financial services for contravening financial services laws and f...
Financial planning
The Australian Securities and Investments Commission announced the dates for the next three sittings of the financial adviser exam which will be held between in May, July...
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?...
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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...