AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Financial planning

The Financial Services Council is calling on the Australian Securities and Investments Commission to include a 12-month transition period for licensees to adjust to chang...

Financial planning

The Australian Finance Industry Association has opposed the Australian Securities and Investments Commission’s proposal to lower the consumer compensation threshold from ...

People & Products

The Morrison Government has appointed 31 candidates as part-time members of the Financial Services and Credit Panel (FSCP)....

Features

Managed accounts have come a long way in the two decades that they have been growing in Australia, Liam Cormican writes, but the only thing holding them back is their com...

Features

Business processes, succession planning and system efficiency are among areas that advisers can focus on this year thanks to a lull in regulatory change, writes Oksana Pa...

Expert Analysis

The professional year offers new entrants a bridge between academic theory of the post-Hayne landscape and the real world of service, writes Anne Palmer. ...

Financial planning

Just because experienced advisers may no longer need to fulfill the education requirements does not mean they should avoid it as extra study can help boost client trust....

Funds management

More issues like the Sterling Collapse will occur and policies settings need to be addressed such as having ‘risk discovery advice’ to help prevent investors from making ...

Financial planning

Over 1,300 advisers are expected to drop off the Australian Securities and Investments Commission’s register between now and the start of the next year....

Financial planning

The corporate regulator believes its guidance along with penalties will help accelerate fee-for-no service remediation payments as there is still $3.7 billion left unpaid...

Financial planning

The collapse of Sterling Group was caused by the company being too ambitious with its return targets, according to the regulator, rather than any improper financial deali...

Features

After years under the regulatory radar, Laura Dew writes, cryptocurrency has finally hit the mainstream with a succession of announcements aimed at making retail access e...

Financial planning

The registration of financial advisers under the Better Advice Act will occur in two stages with the second commencing once the register transitions to the Australian Tax...

Policy & Regulation

The corporate regulator has banned Melbourne-based financial adviser Ashok Sherwal from providing financial services for six years after giving inappropriate advice for h...

Policy & Regulation

The corporate regulator has added 12 examples in response to feedback received from its consultation on the prohibition of hawking financial products. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 weeks 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

1 week 1 day ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week 2 days ago