AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Financial planning
The assets of Neil Burnard, the sole director of Palentia, continue to be frozen, after the court orders enforcing the action were once again extended....
Financial planning
The Tasmanian District Registry of the Federal Court of Australia has issued orders to wind up two unregistered investment schemes that attracted over $5.5 million in inv...
Financial planning
A bill that will allow the Australian Securities and Investments Commission to enter into a cooperative audit arrangement with the US Public Company Accounting Oversight ...
Financial planning
The chairman of the Australian Prudential Regulation Authority, John Laker, has argued that recent efforts to harmonise arrangements with the other financial services reg...
Financial planning
A Queensland financial adviser has been charged with seven counts of fraud, including six counts of misappropriating over $100,000 worth of clients’ money....
Financial planning
A financial services representative in Queensland and another in NSW will be unable to work within financial services for five years following a ruling by the Australian ...
Financial planning
A West Australian-based risk adviser has criticised the regulator in a submission to a Federal Parliamentary inquiry for an alleged bias in favour of industry funds in ta...
Financial planning
The Association of Superannuation Funds of Australia is pushing for regulatory amendments which would allow super funds to play a greater role in the provision of financi...
Financial planning
The Australian Securities and Investments Commission has brought 18 charges of theft and dishonesty against a financial adviser in the Bendigo Magistrates Court....
Financial planning
Research showing that 69 per cent of self-employed or small-business people have no income protection has prompted Asteron to upgrade its life insurance and Wealthstar pr...
Financial planning
A judgement by the Federal Court will make it easier for clients of the Melbourne-based company, Money for Living, to seek legal advice after an announcement last week th...
Financial planning
The Australian Securities and Investments Commission has brought 30 criminal charges against Robert Orehek regarding the misappropriation of mezzanine finance funds raise...
Financial planning
The Australian Council of Trade Unions has used its submission to the Parliamentary Inquiry into structure and operation of the superannuation industry to argue that whil...
Superannuation
An unregistered managed investment scheme involving the Victoria Garden Retirement Village and Primelife Corporation had a liquidator appointed to it this week following ...
Life/Risk
A former Victorian insurance agent and broker has pleaded guilty to two counts of dishonesty following an investigation by the Australian Securities and Investments Commi...
Never miss the latest news and developments in wealth management industry
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...