INVESTMENTS COMMISSION
Financial planning
The FPA has advised that its investigation into the activities of Tasmanian-based adviser Brendan Moore has been wrapped up, with its disciplinary committee imposing only...
Financial planning
The assets of Neil Burnard, the sole director of Palentia, continue to be frozen, after the court orders enforcing the action were once again extended....
Financial planning
A Queensland financial adviser has been charged with seven counts of fraud, including six counts of misappropriating over $100,000 worth of clients’ money....
Financial planning
A judgement by the Federal Court will make it easier for clients of the Melbourne-based company, Money for Living, to seek legal advice after an announcement last week th...
Financial planning
AMP Financial Planning has revealed it considered a legal challenge over the post shadow shopping investigation by ASIC that resulted in an enforceable undertaking, but d...
Financial planning
ASIC is still closely monitoring the use of financial planning dealer groups’ approved product lists to ensure they do not give rise to investment advice that is given wi...
Financial planning
The promoter of an illegal early release superannuation scheme has been ordered to forfeit property valued at over $5 million to the Commonwealth as a result of charges b...
Financial planning
Corporate superannuation has emerged as a stand-out performer for AMP in its half-year results with the big financial services house announcing a 220 per cent increase in...
Life/Risk
Dishonesty charges have been laid against an insurance broker in the Melbourne Magistrates Court following an investigation by the corporate regulator....
Financial planning
An authorised representative of Count Financial has had limitations placed on his advisory activities by the regulator after a follow-up investigation into the superannua...
Financial planning
Banning exit fees on super funds and restricting statements of advice to less than four pages will form part of Labor’s new financial services policy platform to be relea...
Financial planning
The Financial Planning Association (FPA) believes the results of the Australian Securities and Investments Commission’s (ASIC) most recent Shadow Shopping survey reflect ...
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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...