AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Financial planning
ASIC is currently examining whether further regulation is specifically needed for platforms, although at present it is unclear whether they should be defined as a product...
Financial planning
The Australian Securities and Investments Commission (ASIC) is currently working on a project that aims to crackdown on people providing unlicensed financial advice....
Financial planning
The Federal Court of Australia has joined Keypoint Developments to the proceedings brought by ASIC against the former directors of Westpoint – Norman Carey, Graeme Rundle...
Financial planning
The SMS Advising Group has had its Australian Financial Services Licence revoked by ASIC....
Financial planning
The FPA has welcomed a reported increase in the number of breach of licence notifications received by the corporate regulator from the financial services industry....
Financial planning
Gregory Clements and Neil Manning have appeared in the Perth Magistrates Court as the result of an ASIC investigation that alleged they provided financial advice without ...
Life/Risk
Shadow shopper has revealed a “surprisingly” low percentage of consumers received life insurance advice although, according to industry experts, the responsibility lies o...
Financial planning
The Federal Court of Australia has ordered that the directors of an unlicensed financial services business in Perth must cease operation immediately, following an ASIC in...
Financial planning
An associated company of Westpoint, Cinema City Mezzanine, is facing liquidation in the Federal Court of Australia as ASIC commences proceedings to wind up the company....
Financial planning
Banning exit fees on super funds and restricting statements of advice to less than four pages will form part of Labor’s new financial services policy platform to be relea...
Financial planning
Australian Securities and Investments Commission (ASIC) chairman Jeffrey Lucy has defended the regulator’s enforcement of financial services laws after its shadow shoppin...
Financial planning
The Financial Planning Association (FPA) believes the results of the Australian Securities and Investments Commission’s (ASIC) most recent Shadow Shopping survey reflect ...
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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...