ASIC
Policy & Regulation
Financial advisers need to make sure all their new regulatory requirements are in place by October to avoid any scrutiny from the regulators, even if they aren’t receivin...
Financial planning
Queensland-based financial services firm Fentborough has seen its Australian financial services licence cancelled for failing to lodge documentation. ...
Financial planning
BT Funds Management and Asgard Capital will pay $3 million after the two entities made false and deceptive conduct to over 400 customers. ...
Financial planning
There were six main areas the corporate watchdog focused on which led to a $16.5 million increase in costs of regulating the financial advice sector....
Financial planning
The association says the current levy formula is not sustainable and needs to be reviewed immediately....
Superannuation
If there is a post on a superannuation fund’s social media platform from a member about withdrawing communication consent, then the fund must take steps to ascertain the ...
Superannuation
The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator....
SMSF
Gore was sentenced for self-managed super fund fraud last year and will be tried next month for three further charges....
Financial planning
The corporate regulator has cancelled the Australian financial services license for Gold Coast-based Trade Wind Financial Services and banned its former adviser, Adam Bev...
Financial planning
The corporate regulator is seeking consultation on the anti-hawking of financial products regime that commences in October. ...
Financial planning
Trustees should come up with an approach that allows them to have necessary comfort that the quality of advice that is provided to members is as it should be, according t...
Financial planning
The corporate regulator has released its protocol around how licensees should be reference checking prospective financial advisers they wish to employ. ...
Policy & Regulation
Unlicensed investment trader Dr Roger Munro has pleaded guilty to three counts of fraud for misusing client funds by pretending to invest in the TradeStation Futures Trad...
Policy & Regulation
The internal dispute resolution reporting documents have been released ahead of the pilot test which will launch later this year....
Policy & Regulation
The application follows an investigation by the corporate regulator after concerns unlicensed financial services were being conducted during the COVID-19 pandemic when mo...
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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...