CFDS

Funds management

ASIC has taken aim at distributors of over-the-counter derivatives after a review found improvements are needed in how they meet design and distribution obligations, havi...

People & Products

A class action is being prepared against IG Markets on behalf of thousands of investors who lost an estimated $800 million trading contracts for difference. ...

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Funds management

While inflows of new traders and reactivators have tapered in the contracts for difference and foreign exchange space, 33% are trading cryptocurrency, according to Invest...

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Financial planning

The corporate regulator’s contracts for difference product intervention order now allows maximum leverage available to retail clients to range from 30:1 to a 2:1 dependin...

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Policy & Regulation

The Australian Securities and Investments Commission has initiated a product intervention order tightening the rules and the leverage around retail contracts for differen...

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Policy & Regulation

Steven Marsh has been banned by the Australian Securities and Investments Commission for providing financial services for three years after making misleading representati...

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Policy & Regulation

There has been an upsurge in retail investors seeking to time the market in pursuit of quick profits and the Australian Securities and Investments Commission has warned t...

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Policy & Regulation

Australian financial services licensees that offer over-the-counter derivatives to retail investors overseas might be breaking overseas laws....

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Funds management

Saxo Capital Markets has welcomed ASIC product intervention powers and reinforced the importance of responsible leverage....

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Policy & Regulation

The Australian Securities and Investments Commission has accepted an enforceable undertaking from Vantage Global Prime Pty Limited....

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Financial planning

Retail participation in the contracts for difference market had decreased by 14 per cent despite volatility, demonstrating the need for education from providers....

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Funds management

Investors planning on making their first CFD trades over the coming year say having access to equities will be a key factor when selecting their provider....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day 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 1 week 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 ago

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

9 months 2 weeks ago