AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Financial planning
The regulator has admitted that the licensing requirements applied to financial services companies are lower than some investors may realise - confirming what some in the...
Financial planning
Mortgage calculators which show that borrowers can pay off their mortgage sooner without increasing their monthly payments have attracted the attention of the regulator....
Life/Risk
ASIC investigation reveals insurance broker used funds intended for obtaining income protection insurance policies for personal use....
People & Products
Huntleys Management is expected to become the new responsible entity for the mango and avocado crops in Queensland and the Northern Territory....
Financial planning
A warning to investors by ASIC yesterday that consumers were sometimes encouraged to borrow more money than they actually need was not necessarily aimed at financial plan...
Financial planning
A lobby group representing Timbercrop growers has signalled it will press ASIC to replace Korda Mentha with an independent Responsible Entity....
Financial planning
The regulator has warned that some consumers are being encouraged to draw down more income than they need from home equity release products, advice that will work against...
Financial planning
Convicted on eight fraud-related charges totalling more than $14,000....
Financial planning
The various committees within the Investment and Financial Services Association (IFSA) have outlined their policy priorities for the 2009-10 financial year. The following...
Financial planning
ASIC has released new equity raising policies to enhance market disclosure and efficiency in capital raisings and unlisted disclosing entities....
Financial planning
Recent adverse publicity surrounding managed investment schemes has resulted in some companies, including Kimberley Timber, withdrawing their offerings from the market....
Financial planning
Boutique advice firm Align Financial has called on ASIC to ensure all clients of financial planners are provided with mandatory ongoing portfolio reviews....
Financial planning
The chief executive of the Commonwealth Bank of Australia has admitted there were "shortcomings" relating to loans granted to clients of the failed financial planning gro...
Financial planning
The Financial Ombudsman Service appears set to be able to accept complaints by consumers against financial advisers up to a value of $500,000 from next year....
Financial planning
A group of financial advisers and accountants have joined together to push for a new responsible entity for Timbercorp's managed investment schemes, a plan they hope will...
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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...