AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
Superannuation
Last June the corporate watchdog went on the attack in the Apple Isle. As most people have probably heard by now, their victim, Hobart based adviser and authorised repres...
Financial planning
Industry Fund Services has agreed to change its super choice advertising campaigns “Compare the Pair” and “A lifetime of Difference” after the Australian Securities and I...
Financial planning
A former director of unlicensed Sydney financial services, Pegasus Leveraged Options Group, has plead guilty to stealing $2.1 million from clients....
Financial planning
Fee comparisons are being overemphasised in the lead-up to choice of fund, according to the Financial Planning Association, which claims most debate on the new rules is m...
Financial planning
AXA Australia will pay an extra $10 million to members of its staff superannuation fund, after complaints from employees lead to an investigation by both the Australian S...
Financial planning
A former responsible officer of Goldman Sachs JBWere subsidiary Invia Custodian has been permanently banned from providing financial services for misappropriating company...
Financial planning
The Australian Securities and Investments Commission has accepted an enforceable undertaking from an Adelaide man who contravened the Corporations Act when he made unsoli...
Financial planning
The Australian Securities and Investments Commission has sent another strong signal that it plans to take a hands-on role to police the superannuation industry in the lea...
Life/Risk
Under the new Financial Services Reform regime, AFS licensees will be required to address risk in the same way they address other areas. SUE LAING reports....
Financial planning
This week Money Management welcomes industry veteran RAY GRIFFIN to its stable of regular columnists. A former FPA chairman and Money Management Financial Planner of the ...
Financial planning
Claiming to have no knowledge of the existence of Financial Services Reform, applying for a financial services license just days before the new regime was due to kick in ...
Policy & Regulation
The Australian Securities and Investments Commission has moved to wind up a high yield investment scheme which offered investors 10 per cent monthly returns, as part of c...
Financial planning
Financial planning members of Australia’s two peaking accounting bodies have been granted nearly an extra month to comment on a tough new code of practice....
Financial planning
MBF Life and MBF-owned ClearView Life Nominees are the latest in a growing line of insurance companies which have been ordered by regulators to compensate clients overcha...
Financial planning
The Australian Securities and Investments Commission (ASIC) has forced an undertaking from one promoter of wealth creation seminars and won a court case against another g...
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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...