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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Editorial
The nature of managed investment schemes has come under close scrutiny in the recent Environinvest case, writes James Lonie....
Editorial
Reverse mortgage products are attracting a new breed of strategic senior borrowers who are proving the industry’s naysayers wrong, argues MARTIN LYNCH....
Editorial
The financial services industry needs to be alert to the fact that the Government is tightening regulatory control of the industry and its markets – not in a legislative ...
Financial planning
Completes last of 39 proceedings brought against Primelife since 2004....
Financial planning
The PJC on Corporations and Financial Services is gauging the industry's reaction to the possible implementation of a two-tier advice system of independent and affiliated...
Financial planning
The Minister for Financial Services, Chris Bowen, has acknowledged the conflicting positions of Treasury and ASIC on financial planning....
Financial planning
Twelve criminal charges of fraud laid by ASIC following investigation into the affairs of Perpetual Acquisitions Pty Ltd and Robina Properties (Qld) Pty Ltd....
Financial planning
The Parliamentary Joint Committee has been told that the absence of tax deductibility with respect to fee-for-service advice is creating a market distortion....
Financial planning
Today is officially the last day advisers can use Statements of Additional Advice as part of their advice process....
Financial planning
ASIC warns that Australians facing financial stress are falling prey to schemes promoting illegal early access to superannuation....
Financial planning
IFSA has called for full tax deductibility of financial advice at an inquiry hearing today into financial products and services before the Parliamentary Joint Committee o...
People & Products
Professional Investment Services has appointed the final member of its new-look management team, with Kelly Wyman joining as group general manager, services....
Funds management
Samuel David Saunders of Orange in New South Wales, a former director of several companies, has pleaded guilty to three counts of obtaining money by false or misleading s...
Financial planning
The Australian Securities and Investments Commission’s submission to the Ripoll Inquiry has raised the stakes for the future of the financial planning industry but has al...
Financial planning
The filtering of product information by dealer groups and perceived conflicts of interest were contentious topics at the recent Money Management round table....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...