ASIC says bitcoins and other digital currencies are not financial products but that derivatives may evolve. ...

Financial advisers should require more than one semester unit in tax law if they want to be licensed to provide tax advice, the Institute of Public Accountants believes....

The former director of a foreign exchange provider has been “restrained” from providing financial services after providing services not covered by its licence....

The FSC has told a Parliamentary Committee that ASIC needs to get more proactive in pursuing enforcement when planning breaches occur....

The FPA has questioned the role of research houses, responsible managers and product issuers in the collapses of forestry managed investment schemes stating it had become...

ASIC has imposed conditions on the licence of Guardian Advice after finding advice that lacked a reasonable basis or lacked evidence it was given in the best interest of ...

An Australian Securities and Investments Commission (ASIC) investigation will see a managed discretionary account provider change the way it offers foreign exchange servi...

The former director of an accountancy firm has been banned by ASIC for being part of a scheme which raised funds from clients for mezzanine finance and mortgage lending....

A Sydney-sider who made investment recommendations to clients without holding an Australian Financial Services Licence (AFSL) has been banned from providing financial ser...

Professionalism in the financial services industry remains some distance off and may need Government intervention....

Emotional Intelligence is increasingly becoming a critical skill set for advisers, not just to improve client relationships, but to stay in business, Wayne Lear writes....

ASIC has answered parliamentary questions about superannuation union liaison officers, the type of advice they can provide and whose AFSL they might be working under....

The FPA has urged a facilitative approach from ASIC as planners seek to comply with the Senate imposed FOFA reversal....

A Victorian financial adviser has been banned from providing financial services for seven years after an ASIC investigation found he had breached “numerous financial serv...