COMPLIANCE
Financial planning
ASIC has banned a Queensland-based businessman for five years following his involvement in the deceptive marketing and selling of share trading software....
Accounting
APESB deputy chairman reminds all accounting bodies of the expectation they will adopt and implement APESB standards....
Financial planning
The financial services regulator will observe a number of selected licensees in their FOFA implementation over the next few months with the goal of identifying areas wher...
Financial planning
ASIC warns of best interest duty breaches where dealer groups take a ‘cookie-cutter’ approach....
Funds management
Regulator removes five timber schemes after manager struggles with tough year....
Life/Risk
CommInsure’s Tim Browne says the company had stopped using the word ‘churn’ because it doesn’t accurately represent the underlying issue, which is policy design....
Accounting
The IPA confirms its break with APES 230 with the formalisation of its own Pronouncement 11....
Financial planning
ASIC chairman Greg Medcraft defends ASIC’s record, claiming the media misunderstands the regulator’s relationship with the AFP....
Financial planning
Existing levels of adviser education should be considered a pathway to degree level qualification....
Financial planning
Planners remain immobile as they await Treasury clarity on grandfathering. ...
Funds management
The Australian Securities and Investments Commission (ASIC) has changed the definition of ‘hedge fund’ in a bid to tighten disclosure requirements for higher-risk schemes...
Funds management
ASIC confirms GTL TradeUp has entered liquidation....
Financial planning
Perth-based Chambers Investment Partners has had its Australian financial services licence cancelled after the company failed to obtain professional indemnity insurance a...
Superannuation
Super funds warn that customer due diligence will unreasonably tie up resources....
Financial planning
FPA to make submission around transparency and consistency of dispute resolution scheme....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...