ASIC commissioner, Alan Kirkland, has told Money Management that licensees and financial advisers could be in breach of the law and face civil penalties if they fail to m...
Following statistics that thousands of financial advisers are yet to complete their financial adviser registration, ASIC has agreed to extend the deadline. ...
Money Management collates the recommendations of major associations and how they would like the financial advice exam to change in the future following consultation....
With several financial services firms looking to implement AI into their business, the federal government is examining introducing mandatory guardrails to ensure it can b...
Almost 6,000 financial advisers have just two weeks to register with ASIC if they wish to continue to provide advice with the FAAA warning “a lot is at stake” if they rem...
The US Securities and Exchange Commission may have approved Bitcoin ETFs, but financial advisers in Australia will still face restrictions on advising on them....
A proposal for ASIC criminal trials to be introduced to the Federal Court has received backlash from the Law Council of Australia, which argues the judges lack sufficient...
The FAAA expects to see a reduced fee to sit the financial adviser exam once the proposed changes are implemented, with the current cost sitting steep at $1,500 per attem...
Four directors of Endeavour Securities and Linchpin Capital Group have been penalised by the Federal Court for multiple failings on a registered managed investment scheme...
Money Management would like to wish all our readers a Happy New Year and looks forward to bringing you all the latest news in 2024. ...
As the year comes to a close, Money Management has collated the top 10 most read stories of 2023 – from super fund performance to financial advice reforms....
The corporate regulator has banned the former sole director and chief financial officer of Brisbane-based Acquire Strategic Advisers over misleading and deceptive conduc...
ASIC has sentenced former director Mudasir Mohammed Naseeruddin over four years imprisonment for ‘egregious conduct’ and dishonestly obtaining client funds from six inves...
A Gold Coast financial adviser who guaranteed his clients annual 8 per cent returns has been permanently banned from providing any financial services....
ASIC has taken action against an asset manager for alleged greenwashing around false and misleading statements about a carbon emission exclusion screen....
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...