ASIC

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....

Policy & Regulation

None of the outcomes resulted in criminal proceedings, and there is a similar percentage of ongoing cases by the corporate regulator....

Superannuation

The Federal Court has found that it made false or misleading representations to members to avoid them moving to the MySuper product....

Policy & Regulation

To reduce the reporting burden, the corporate regulator is allowing licensees to batch upload reports that derive from a single root cause as part of the new breach repor...

Policy & Regulation

If the corporate regulator had funds awarded by penalties put into the financial advice levy it could look like a new revenue stream aimed at players with deep pockets....

Financial planning

The advice industry is turning into a structure where only the wealthy can afford advice and digital offerings will only create more corruption, according to a financial ...

Features

While finfluencers are on the rise and targeting younger investors, this presents an opportunity for advisers to help investors separate the information from the noise, w...

Policy & Regulation

Product issuers and distributors need to be careful with what incentives apply to distributors who sell products to those target customers, according to EY....

Financial planning

The corporate watchdog has said there was an outstanding amount of $2.4 million unpaid by the financial advice sector on its total regulatory cost of $59.59 million durin...

Superannuation

The corporate regulator will act if it sees false, misleading or deceptive conduct in member disclosures of all super funds – not just those that failed the performance t...

Financial planning

The corporate regulator is reviewing select finfluencers to understand their business models and how the financial services laws apply to their activity....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

6 days 7 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

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ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

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