AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Superannuation

The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have welcomed the proposed reforms aimed at increasing the role of...

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Financial planning

Superannuation funds have identified the manner which Government policy changes and increased regulation is pushing the cost of advice beyond the means of many low-income...

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Financial planning

The new design and distribution obligations regime could increase costs that could be passed onto consumers, according to a law firm....

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Financial planning

The Australian Securities and Investments Commission has confirmed how it placed conditions on superannuation funds which had the effect of ending the payment of commissi...

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Policy & Regulation

The Financial Services Council has recommended the two regulators must collaborate on information, documentation, and data requests and collection....

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Financial planning

Superannuation funds have been ‘engaged’ by the regulators over payments to financial advisers and other third parties....

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Policy & Regulation

The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....

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Financial planning

The Australian Securities and Investments Commission has permanently banned Nicholas Ellis who was previously banned for six years for dishonest conduct....

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Superannuation

The average self-managed superannuation fund with a balance less than $200,000 generated negative returns over three successive financial years, according to the Australi...

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Financial planning

The SMSF Association wants the Government to dump its limited licensing regime for accountants on the basis of it having failed to meet its objectives and having, instead...

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Policy & Regulation

Self-Managed Superannuation Funds should be exempted from the Government’s new design and distribution regime because they are not like other financial products, accordin...

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Financial planning

There has been no shortage of consumers and small businesses looking to file legacy complaints with the Australian Financial Complaints Authority, with data suggesting le...

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Financial planning

The Australian Securities and Investments Commission has further suspended Halifax Investments Services’ Australian Financial Services Licence....

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Funds management

Union Standard International Group may proceed against the corporate watchdog for damages arising from inaccurate statements and a failure to mention key matters regardin...

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Financial planning

The Australian Securities and Investments Commission will regard personal advice entailing client best interests as obviating many of the adviser strictures of the new de...

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Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

2 hours 50 minutes ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

3 hours ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

3 hours 59 minutes ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago