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ASIC
Editorial
Too many Governments have looked for quick fixes where financial adviser regulation is concerned and it is time for an audit and the removal of costly and unnecessary lay...
Features
The passage of an extension of time for financial advisers to comply with FASEA education requirements in the Senate was a step towards a more professional advice system,...
Features
The ETF market in Australia is unlikely to reach the heights or complexity of the US, writes Laura Dew, but industry experts believe the space is still a fast-growing and...
Financial planning
Documents obtained under Freedom of Information have confirmed that the Australian Securities and Investments Commission was closely consulted about development of the Fi...
Financial planning
The Australian Banking Association has announced two temporary changes to the Banking Code of Practice, which have been approved by the corporate regulator....
Policy & Regulation
Mortgage brokers are going to have to abandon a one-size-fits-all approach with the Australian Securities and Investments Commission reinforcing that ‘know your client’ w...
Financial planning
ASIC has seen a 20% rise in the number of investment scam reports during the COVID-19 pandemic, compared the same timeframe last year....
Financial planning
An unlicensed company sought to convince the Australian Securities and Investments Commission that there was commercial advantage in it being allowed to have advisers con...
Superannuation
The median ‘operating expense’ for a self-managed super fund is $3,923, according to the Australian Taxation Office, far lower than the $13,900 quoted in a recent SMSF fa...
Financial planning
FASEA has confirmed the dates for the remaining 2020 exam sittings which will be held in August, October and November. ...
Funds management
The Government’s proposed changes to class action and litigation funding may see lawyers subject to some of the same obligations as financial advisers, according to the A...
Policy & Regulation
Informing consumers will sit at the heart of the Australian Securities and Investments Commission’s use of its new product intervention powers....
Financial planning
Adviser morale and advice business valuations are taking a hammering as uncertainty continues to surround extending the Financial Adviser Standards and Ethics Authority e...
Financial planning
The additional conditions will require an independent expert to assess and test controls, systems and processes after the firm deposited client money into unauthorised ba...
Financial planning
A proposed 38% per adviser increase in fees levied by the Australian Securities and Investments Commission has proved too much for the Financial Planning Association whic...
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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...