AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Financial planning

ASIC said Kyle Marshall did not understanding the meaning of personal advice and did not act in his clients’ best interest....

Policy & Regulation

The Australian Financial Complaints Authority has called for a radical escalation of the proposed prohibition on unsolicited telephone sales, urging a ban on all unsolici...

Policy & Regulation

The major financial services regulators need to be comprehensively audited to ensure they are actually delivering value for money in the work that they do reflecting the ...

Financial planning

There is a strong demand for aged care advice, according to a recent Australia Securities and Investments survey tracking consumer demands, calling into question if advis...

Financial planning

The Australian Securities and Investments Commission has announced the dismantle of an online fraud syndicate which resulted in alleged thefts from superannuation and sha...

Financial planning

The Australian Securities and Investments Commission chairman, James Shipton, has claimed the regulator simply didn’t have enough pages to explain the implications of end...

Financial planning

The Australian Securities and Investments Commission has admitted that its earlier pronouncements on ending grandfathered commissions was based on sample-sized data....

Financial planning

The Australian Securities and Investments Commission has acknowledged the likelihood of an advice gap, particularly for lower income earners, but is looking to superannua...

Policy & Regulation

The Australian Securities and Investments Commission has flagged that there are at least two matters emanating from the Royal Commission which may result in criminal char...

Policy & Regulation

Superannuation funds will also be exposed to the Australian Securities and Investments Commission’s enhanced search warrant powers according to the explanatory materials ...

Policy & Regulation

The Federal Government has tabled exposure draft legislation which would give the Australian Securities and Investments Commission phone tapping and search warrant powers...

People & Products

Ruth Stringer has been appointed by Herbert Smith Freehills to its Australian financial services team in Sydney....

Policy & Regulation

The Australian Securities and Investments Commission has launched civil action in the Federal Court over the telephone sale of life insurance which saw sales agents offer...

Features

Mike Taylor writes that in the absence of a definitive methodology for ensuring clients are rebated the grandfathered remuneration which would otherwise have gone to fina...

Financial planning

Financial advisers have been provided with an advocacy pack aimed at convincing politicians to slow-down the rate of change being imposed on the financial planning indust...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 3 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 5 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 2 days ago
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