AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Financial planning

While recent media reports have painted a less than flattering picture of its former culture, it is important to recognise that Commonwealth Financial Planning has come a...

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Editorial

Tasmanian Liberal Senator, David Bushby, who is chairing the Senate Committee reviewing ASIC, made a very good point when he said that nothing in the FOFA changes will pr...

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Financial planning

Yellow Brick Road Finance has been required to change the way it authorises the companies operating its branches in line with recent changes to the national credit licens...

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Editorial

The outcome of the next Federal election will determine the degree to which the financial services industry will be subjected to another far-reaching review similar to th...

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Financial planning

Confronted by a Senate Committee inquiry, ASIC has delivered a highly detailed enforcement report and pointed to the likelihood of FOFA uncovering legacy issues....

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Editorial

Due to the wave of change ripping through the financial services industry, law firms specialising in this sector will be fighting for your business. Leanne Mezrani points...

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Financial planning

Fair Loans Foundation has entered into an enforceable undertaking under which it will refund 864 consumers around $157,000 in overcharged interest. ...

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Policy & Regulation

Government and ASIC strike deals to combat tax evasion and supervise international fund managers. ...

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Financial planning

The Financial Planning Association (FPA) has criticised the Tax Practitioners Board (TPB) for its lack of understanding of the financial advice industry structure, highli...

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Financial planning

ASIC has raised concerns about the standard of record-keeping practices of a number of Australian credit licensees. ...

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Funds management

ASIC has sought court orders that LM First Mortgage Income Fund be wound-up after its collapse earlier this year....

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Life/Risk

ASIC continues to focus on the claims made by financial services providers in advertising, with Woolworths set to change its advertisements for car insurance after the re...

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Financial planning

PriceWaterhouseCoopers will monitor the way PIS gives financial advice for the next nine months to ensure the group meets the standards set out in its Enforceable Underta...

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Financial planning

The concept of trust in financial planning has reached a critical juncture, writes Geoff Rimmer, and only bold measures will restore it. ...

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Financial planning

An independent expert will monitor the way PIS gives financial advice for the next nine months to ensure the group meets the standards set out in the Enforceable Undertak...

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Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 6 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

2 weeks 6 days ago