AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Financial planning
A former Commonwealth Financial Planning representative has been banned by ASIC for seven years for giving inappropriate advice and engaging in false or misleading conduc...
Financial planning
AMP and AXA AP have completed all the necessary processes to begin trading as one company on 31 March....
Superannuation
The superannuation market offers more choice than ever for consumers looking to build a retirement nest egg, but exercising the right strategies can make a world of diffe...
Financial planning
A Perth-based property funds responsible entity has had its AFSL cancelled by ASIC....
Financial planning
Century Funds Management has failed to replace Opus Capital as manager of the troubled Opus 21 property fund, after an insufficient number of unitholders voted on the mat...
Financial planning
Opes Prime boss Laurie Emini will stand trial in the Victorian Supreme Court after pleading not guilty to ASIC charges....
Editorial
With the Gillard Government believed certain to impose client 'opt in' arrangements on financial planners, Mike Taylor writes that some serious questions are being asked ...
Policy & Regulation
Academic claims ASIC got fiduciary duty wrong and really meant ‘best interests’....
Funds management
The popularity of hedge funds seems to have drawn the attention of the Australian Securities and Investments Commission (ASIC), which is seeking to provide further disclo...
Financial planning
A former Storm Financial representative has been banned from providing financial services for four years for making false and misleading statements and providing inapprop...
Financial planning
Professional Investment Services has commissioned a report examining a proposed takeover of the Opus 21 property fund by Century Funds Management – a report Opus ha...
Financial planning
The consequences of breaching fiduciary duty under the Government’s Future of Financial Advice (FOFA) reforms could be much steeper than first thought, with the pos...
Financial planning
Sonray chief executive Scott Murray pleads guilty on multi-million dollar charges....
Financial planning
The Australian Securities and Investments Commission (ASIC) has permanently banned Trevor Wayne Carll of Port Pirie from providing financial services for acting dishonest...
Financial planning
The Australian Securities and Investments Commission (ASIC) has revised the internal dispute resolution (IRD) procedures for financial institutions to help reduce paperwo...
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MARKET INSIGHTS
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...