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

When AFA chief Brad Fox asked Roadshow attendees in Sydney to put their hands up if they thought the financial advice industry was a profession, only 5-10 per cent of peo...

The AFA is working with Treasury to prevent the loss of grandfathering on existing clients when advisers change licensees. ...

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

UBS has paid $30,000 in relation to an infringement notice from the Markets Disciplinary Panel. ...

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

SPAA is urging SMSFs to get quality advice after the ATO announced it would increase its monitoring of the sector. ...

The ATO has set its agenda for targeting high net worths in 2013/14....

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...

New international data confirms more than half the world’s security exchanges have been targeted by cyber attacks....

A former Bell Potter Securities client adviser has been permanently banned from providing financial services after he was convicted of offences involving dishonesty. ...

ASIC signals it will look to the most senior levels when it detects a bad compliance culture....

The Australian Securities and Investments Commission (ASIC) has released final rules around over-the-counter (OTC) derivatives trade reporting obligations for financial i...

Some progress appears to be being made towards finding common ground on life/risk sustainability and churn....