INVESTMENTS COMMISSION

Financial planning

Actuaries Institute recommends creation of commission to oversee financial systems policy and decide on policy conflicts....

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Financial planning

Planners should familiarise themselves with media laws or risk a run-in with ASIC, says financial services lawyer....

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Financial planning

ASIC finances a trip down the aisle to survey wedding costs in Australia....

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Financial planning

More than 80 per cent of Trust shareholders vote in favour of Perpetual bid....

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Superannuation

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....

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Superannuation

Industry Super Australia has pointed to new research to highlight fee disparity between SMSFs and industry super funds....

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Financial planning

ASIC’s investigation of the Commonwealth Financial Planning (CommFP) scandal lacked the resources and scope to properly compensate all affected clients, a law firm believ...

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Life/Risk

ASIC has made it clear it would like to see life insurance commissions banned as it would be the most effective way of combating churn, according to The Fold Legal managi...

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Financial planning

A former investment manager tied to embroiled superannuation fund Trio Capital is facing jail after admitting to making false or misleading claims for financial gain. ...

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Financial planning

FPA chief executive calls on CFP members to actively promote designation. ...

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Financial planning

FPA to make submission around transparency and consistency of dispute resolution scheme....

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Financial planning

Perpetual has received the final regulatory approval required to proceed with its acquisition of The Trust Company, with the New Zealand Overseas Investment Office granti...

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Financial planning

Lawyers target planners as ASIC says PI is a risk management tool rather than a consumer protection mechanism....

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Superannuation

On the back of comments made by ASIC commissioner Greg Tanzer, SPAA has welcomed the regulator's recognition and acknowledgement of professional service providers in the ...

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Financial planning

Former Opes Prime Stockbroking director Julian Smith has been found not guilty of dishonestly breaching his duties as director in the Victorian Supreme Court. ...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago