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THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Superannuation
The Australian Securities and Investments Commission has warned super funds to better explain income protection insurance as it can dwindle super balances for particular ...
Features
Advisers would be wise to understand online investing services given they are democratising investment and removing barriers to entry, Laura Dew finds....
Policy & Regulation
The corporate watchdog secured nearly $190 million in civil penalties during the last financial year and increased civil litigations by 28%....
Financial planning
The question of whether the advice fees deducted by superannuation funds are reasonable and fair is being examined by the Australian Securities and Investments Commission...
Financial planning
Financial advisers are facing yet more scrutiny by the Australian Securities and Investments Commission as it drills down on a large number of advice files....
Policy & Regulation
The Australian Prudential Regulation Authority chairman, Wayne Byers has urged financial services companies to embrace the need for self-regulation at both industry and c...
Policy & Regulation
ASIC has released its proposed whistleblower guidance to be implemented by 1 January 2020....
Financial planning
Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...
Financial planning
National Australia Bank has paid out over $32 million in customer remediation as at 30 June, 2019, part of total $119m paid out by Australia’s five largest banks. ...
Policy & Regulation
Sydney-based financial planning firm Jade Private Wealth has entered into receivership....
Policy & Regulation
The Australian Securities and Investments Commission has started a consultation process ahead of a proposal to ban unsolicited telephone sales of direct life insurance....
Financial planning
Aussie politicians make “politicised and dishonest decisions about ‘fraud’” despite having no law enforcement of forensic investigation skills, Victims of Financial Fraud...
Financial planning
While the creation of a deferred sales model (DSM) to regulate the sale of add-on insurance was explicitly recommended by Commissioner Kenneth Hayne the industry is being...
Funds management
The funds that have incorporated responsible investing principles outperformed most mainstream Australian and international peers, according to a report by the Responsibl...
Policy & Regulation
The Australian Securities and Investments Commission has revealed just how much it has increased its focus on wealth management investigations over the past 14 months....
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MARKET INSIGHTS
Podcast
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...
So we are now underwriting criminal scams?...