ASIC has imposed additional conditions to improve governance and conflicts management after considering Royal Commission concerns....

A key parliamentary committee chairman has challenged the Australian Securities and Investments Commission on whether it was trying to scare people with its self-managed ...

Ben Jayaweera has been found guilty of six charges of dishonestly causing detriment to clients, involving approximately $5.9 million....

The Australian Securities and Investments Commission has issued a warning to firms seeking to operate under a ‘general advice’ model....

The Australian Securities and Investments Commission has flagged a surveillance exercise around life/risk advice to back up its assessment of the Life Insurance Framework...

Nicholas James Ellis has been sentenced for making false or misleading statements to obtain money from clients and fraudulent misappropriation of client funds....

The Australian Securities and Investments Commission has identified eight red flags which would make it ‘extremely unlikely’ for an investor to gain any advantage from us...

Mike Taylor writes that while the critics of asset-based fees paint them as being as inappropriate as commissions, the commercial evidence suggests their use fills an imp...

The Australian Securities and Investments Commission has acknowledged the likelihood of an advice gap, particularly for lower income earners, but is looking to superannua...

Peter Goudie has been banned by ASIC for prioritising his own interest over his clients’ and not providing SOAs....

New research undertaken by the Australian Securities and Investments Commission has confirmed that consumers who use advisers actually value them, but that the industry r...

Former Adelaide financial adviser James Gibbs has been sentenced for 10 years imprisonment to theft and other dishonesty offences, totalling approximately $4.88 million....

Superannuation funds who encourage low balance members not to opt out of insurance inside super have been placed on notice by the Australian Securities and Investments Co...

The Australian Securities and Investments Commission has broken new ground cancelling the licenses of two accounting firms for failing to obtain membership of the Austral...