While funds are complying with the Australian Securities and Investments Commission’s requirements for fee disclosure in product disclosure statements, they are providing...

The Australian Securities and Investments Commission’s recent report into vertically integrated institutions and conflicts of interests shows that consumer and regulator ...

The Commonwealth Bank has asserted it is ahead of schedule in reviewing the advice given by five former advisers and in assessing what compensation may be payable....

The Commonwealth Bank has had additional license conditions imposed on Commonwealth Financial Planning and Financial Wisdom and is facing having to compensate the clients...

The Australian Securities and Investments Commission has issued a final warning to the financial services industry to stop cutting corners in breach of the law regarding ...

Kimberley Holgate has been banned from providing financial services for five years by the Australian Securities and Investments Commission, following a finding by the reg...

Suncorp and Allianz have been obliged to make refunds to customers worth millions of dollars after being found to have offered so-called ‘add-on’ insurance of little or n...

The Australian Securities and Investments Commission has told a Parliamentary Committee it will be four years and $19 million later before it is equipped to monitor whole...

The Australian Securities and Investments Commission has accepted an enforceable undertaking from Breakaway Finance Group and Mark Roberts, its sole director following su...

Financial Circle has been restrained from providing financial advice or carrying on a financial services business, following an interim injunction from the Federal Court ...

A South Australian financial adviser has been banned by the Australian Securities and Investments Commission on the basis that he is not of good fame or character....

ASIC has banned the former director of Provident Capital from the industry for five years for breaching his duties and failing to comply with the law. ...

ASIC has banned a former state manager for Paterson Securities after finding he engaged in dishonest conduct and in misleading or deceptive conduct over a two year period...

A financial planning practice within Charter Financial Planning has paid $10,200 penalty after ASIC found it made misleading representations in an article on its website....