The regulatory or consumer benefits for superannuation funds to report portfolio holdings has not been demonstrated by the Federal Government according to a leading legal...
A review of disclosure to investors by the unlisted property industry has been described as “disappointing” by ASIC....
Superannuation funds risk falling foul of new legislation due to inconsistent fee and cost disclosure practices, an ASIC report reveals....
Sentry Financial Services to write to SMSF clients after ASIC surveillance of corporate authorised representative...
ASIC considers allowing managed investment schemes to be automatically registered, with non-compliant schemes regulated by stop-orders....
A recent Victorian Supreme Court decision has serious implications for risk advisers....
The Department of Treasury has pointed to the role of financial advice in assisting consumers to engage with the financial system....
The Australian Taxation Office (ATO) is pushing all taxpayers with offshore assets to declare their interests before it starts a global clampdown on tax evasion....
ASIC frustrated that the penalty regime imposed is less than the profit companies gain from poor behaviour, and that disclosure is no longer a 'disinfectant’ for law-brea...
AUSTRAC criticised for failing to appropriately define politicians, senior public servants and senior members of the military. ...
Almost a third of advised Australians last heard from their financial planner more than a year ago, which puts them “at risk” of switching, a report says....
ASIC has released updated guidelines on its shorter Product Disclosure Statement (PDS) push, reminding superannuation providers to detail cooling-off periods and costs. ...
Warning self-managed super funds (SMSFs) that they are not entitled to compensation is too “simplistic” and needs to factor in all financial assistance available....
ASIC wants investors to be better informed before establishing SMSFs but denies it will pursue prescriptive new disclosure requirements....
Fair Loans Foundation has entered into an enforceable undertaking under which it will refund 864 consumers around $157,000 in overcharged interest. ...
Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...