COMPLIANCE

Superannuation

A recent determination by the Superannuation Complaints Tribunal has revealed the ugly consequence of super funds investing in highly illiquid assets....

Financial planning

IOOF seeks to rebuff newspaper allegations and points to ongoing legal disputation with a former employee....

Superannuation

Industry fund body, AIST, tells Government strategies are utilising SMSFs, wraps and SMAs to indefinitely postpone the payment of CGT....

Superannuation

Superannuation funds want the regulators to tell them how they actually spent the millions of dollars in financial services supervisory levies....

Life/Risk

ASIC signals that despite the industry’s position responding to Trowbridge, it is continuing to pursue enforcement over life/risk misconduct....

Financial planning

ASIC chairman, Greg Medcraft says the regulator has a $50 million war chest that he’s ready to use against banks, planners and other miscreants....

Policy & Regulation

ASIC - today rocket scientists, tomorrow dark pools, Sunday black holes and next week boldly going where no regulator has gone before....

The ATO has been told to work with stakeholders, including industry funds, to overcome employer superannuation guarantee non-compliance....

Financial planning

ASIC has acknowledged that newspapers headlines were wrong about planners taking big commissions to recommend residential property investments and that not one planner co...

Policy & Regulation

ASIC chairman, Greg Medcraft, wants the Government to consider allowing ASIC the ability to pursue companies and officers over misdeeds caused by bad culture....

Funds management

Fear must be a greater factor than greed in influencing better standards of behaviour in the financial services industry, according to ASIC chairman, Greg Medcraft....

Financial planning

ASIC refuses a planning firm permission to tailor how its planners’ remuneration and bonuses are revealed to clients....

Financial planning

ASIC and the Federal Treasury have been told to get real about the time needed to implement significant legislative and regulatory change in financial services....

Financial planning

Proposals canvassed for measuring the performance and value for money provided by ASIC, APRA and AUSTRAC....

Policy & Regulation

An international expert questions in whose interests the regulators are really working for....

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