AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Financial planning
ASIC has extended the circumstances under which the operators of frozen mortgage funds can make payments to members suffering hardship as well as the definition of hardsh...
Financial planning
Three Perth-based KPMG partners have agreed not to practice for periods ranging from nine months to two years following their involvement in auditing the Westpoint Group ...
Financial planning
A Money Management round table of financial services industry chief executives has backed the concept of a co-regulatory model for the financial services industry....
Financial planning
A round-table of industry chief executives has backed calls for ASIC's intra-fund advice relief to be extended to financial planners....
Financial planning
The regulator has cracked down on a Mount Waverly adviser found to have falsely witnessed loan documents for agribusiness investments....
Financial planning
ASIC has sought the winding up of Finchley Central Funds Management via action in the Federal Court....
Financial planning
The Financial Ombudsman Service wants ASIC to be empowered to better track the movement of planners between groups....
Life/Risk
Regulatory changes to overcome deficiencies in managed investments would be inappropriate for insurance brokers....
Financial planning
ASIC has initiated multiple criminal charges against the former company secretary and a former director of a failed Geelong-based financial investment firm, Chartwell Ent...
Financial planning
A CPA Australia submission to the Joint Parliamentary Committee urges ASIC to get more proactive in utilising its powers against planning firms in circumstances where pro...
Editorial
Count Financial announces a 9.1 per cent decline in profit and slams the need for PI, arguing it is being penalised for the mistakes of other AFSL holders who shouldn't h...
Financial planning
Chairman Tony D'Aloisio admits the global financial crisis has exposed flaws in the way planners are remunerated....
Financial planning
While trustees will have relief from FSR, clients can still sue for negligent advice....
Financial planning
Unlicensed managed investment scheme raised approximately $7.9 million from investors....
Financial planning
The owner of one of Australia's largest dealer groups has recommended all AFSLs be required to periodically report to the regulator on a range of issues relating to their...
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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...