ASIC
Financial planning
Consumer groups’ views proved far more effective in convincing the Australian Securities and Investments Commission to tighten internal dispute resolution timeframes to 3...
Financial planning
The Australian Securities and Investments Commission has released final updated guidance on how financial firms should deal with consumer and small business complaints. ...
Policy & Regulation
The law, as it stands, around financial services licensing and managed investment schemes was not designed or intended to handle class action litigation funding, accordin...
Financial planning
David Horton was found to have given clients’ inappropriate advice to double gear their investments and did not consider their cashflow position or ability to cover margi...
Financial planning
The Australian Securities and Investments Commission has taken action to wind up illegal investment scheme MyWealth Manager....
Superannuation
The Federal Government should deliver superannuation funds a reduction in regulatory levies equal to the amount of money withdrawn from superannuation under the hardship ...
Expert Analysis
Zoe Higgins examines the changes surrounding best interests duty and how it will affect mortgage brokers who will have to ensure they are lending responsibly....
Policy & Regulation
New regulations, which bizarrely define class actions as ‘managed investment schemes,’ could stymie the compensation payouts of millions of Australians who have been robb...
Life/Risk
Risk advisers need some relief from the harshness of clawback arrangements as life/risk clients move to cut their costs, according to the Association of Financial Adviser...
Financial planning
The Australian Securities and Investments Commission (ASIC) has suspended the Australian Financial Services licence of Sydney-based retail over-the-counter derivatives is...
Financial planning
The Federal Government should use the creation of a single disciplinary body to create a single regulator and thereby reduce complexity and costs....
Financial planning
The Australian Securities and Investments Commission has started civil penalty proceedings against the firm as its sole director, Shlomo Yoshai. ...
Financial planning
The corporate regulator’s chair, James Shipton has said that the watchdog would not look into AMP’s buyer of last resort arrangements unless there were further and better...
Financial planning
The Australian Securities and Investments Commission is facing tough questioning around how it has handled a number of issues amid the disruption of COVID-19....
Features
The chair of licensee Synchron, Michael Harrison sees merit and advantages in a move towards individual adviser registration....
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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...