ASIC
Financial planning
Jane Hume said she has no interest in perpetuating a ‘nanny state culture’ where it resorts to banning things to save people from their own follies such as making financi...
Policy & Regulation
The corporate regulator has permanently banned Ross Andrew Hopkins from providing financial services after it found he had made 167 unauthorised transfers totalling $2.94...
Financial planning
Under 40% of financial advisers are members of the largest professional body representing financial planners in Australia, according to data....
Financial planning
First-time investors currently sourcing information from social media should not be shut out of receiving financial advice in the future as a result of public policy. ...
Financial planning
Prior to now, advisers were not in a position to deal with understanding the design and distribution obligations but now is the time given the raft of information coming ...
Financial planning
With the design and distribution obligation regime set to begin in less than three weeks, the corporate regulator has released guidance on what is most important for fina...
Policy & Regulation
Former Halifax Investment Services lead auditor, Robert James Evett, has been found to not be a fit and proper person to remain registered as an auditor following his con...
Financial planning
Mounting regulation is turning advisers into “admin assistants with Government records” and Government intervention is needed to maintain limited licensees in the industr...
Superannuation
The corporate regulator has alleged misconduct against the bank’s home loan clients while it was still under ownership of the industry superannuation funds....
Financial planning
The Government is seeking to make amendments to the design and distribution obligation regime including removing the requirement for advisers and licensees to report whet...
Financial planning
The corporate watchdog’s chair, Joe Longo, has no plans to let up on the body’s litigation commitment despite pulling back on the public emphasis his predecessor had plac...
Policy & Regulation
The corporate regulator’s new chair, Joe Longo, believes that reading the publicly available report of the regulator’s governance practices is sufficient and has not aske...
Financial planning
Four associates and a lawyer have been charged with criminal offences after Members Alliance and Benchmark groups collapsed with the corporate regulator alleging the grou...
People & Products
Former Macquarie Group chief executive Nicholas Moore will be chair of the authority that will oversee the corporate and prudential regulators....
Financial planning
While it is great to see retail investors investing in the stockmarket for the first time, a sharp market downturn could put them off the market for good, warns Airlie....
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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...