ASIC has commenced its first civil penalty case for alleged breaches of design and distribution obligations....
As COVID-19 continues, the founder of one of Australia’s largest credit card comparators has called for a freeze on credit card interest and repayments for six months....
More than 60 per cent of Australians rely on credit for household bills, pushing credit card debt to $51.7 billion, according to finder.com.au. ...
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...