AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Financial planning

Former ACT Mortgages broker sentenced following the use of false accountant letters in order to have low doc loans approved....

Financial planning

With Great Southern having entered administration, investors now hold concerns that they will miss out, with the banks seizing their assets....

Superannuation

A Victorian couple have pleaded guilty to charges brought by ASIC in relation to a SMSF business....

Superannuation

Don't rely on risky investment schemes to save funds in a bad market....

Financial planning

Many advisers that were licensed to sell Great Southern products were in fact accountants that were licensed solely by the agribusiness company, according to Ferguson Bet...

Financial planning

Key areas for improvement include those of market transparency, legal documentation, collateralisation, and the use of infrastructure....

Financial planning

After nearly nine months, ASIC has lifted the short-selling ban but has warned that it will reimpose it immediately if market circumstances dictate....

Superannuation

There were some hidden messages in the Rudd Government’s second Budget, not least of which was a clear signal that lifting the superannuation guarantee is off the agenda ...

Financial planning

The regulator has announced that the ban on short selling implemented in September last year would be lifted this morning at 10am....

Financial planning

The number of businesses entering into administration doubles in three months; businesses need to watch closely for warning signs....

Financial planning

The Association of Independently Owned Financial Planners has established a committee to support its members and their clients who are involved with the collapsed Great S...

Financial planning

FPA says changes will result in increased costs for consumers, NIBA welcomes limits to compensation payouts....

Financial planning

ASIC bans a West Australian financial adviser and cancels the licence of his firm, Concentric Wealth Management....

Financial planning

Mortgage lender Muslim Community Co-operative Australia is now licensed to set up mortgage funds and property trust schemes in accordance with Islamic law....

Financial planning

Changes will require schemes to deal with complaints of up to $500,000 and increase compensation claims to cater for increases in portfolio values....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 3 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

2 weeks ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

4 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 weeks 5 days ago