INVESTMENTS COMMISSION
Financial planning
The Australian Securities and Investments Commission has banned an authorised representative of WealthSure from providing financial services for five years....
Policy & Regulation
The regulator has confirmed scaled advice can be provided under best interests duties outlined in Future of Financial Advice changes....
Financial planning
ASIC said it is currently unable to provide clarity on some key licensee concerns....
Policy & Regulation
FSC chairman Peter Maher has raised concerns about the industry's ability to comply with FOFA and MySuper in the available deadlines when definitions are still not availa...
Superannuation
The Institute of Chartered Accountants in Australia has welcomed the auditor registration regime but with some caveats....
Financial planning
Avant has responded to ASIC concerns regarding a recent mail-out to policy holders that contained potentially misleading information....
Policy & Regulation
The Government's Future of Financial Advice (FOFA) bills have passed the Senate, moving the hard compliance date back to 1 July 2013....
Financial planning
Updated regulatory guidance for applying for an Australian financial services licence (AFSL) removes the requirement to submit paper versions of documents lodged electron...
Financial planning
Minister for Financial Services Bill Shorten and regulators to address Financial Services Council's August national conference on the Gold Coast....
Editorial
Until the final wording of the Future of Financial Advice legislation is released, it is impossible to assess what the opt-in agreements have actually achieved for financ...
Financial planning
Professional Investment Services (PIS) has confirmed to Money Management the departure of chief information officer Len Sanders and the resignation of ASIC concern leader...
Financial planning
Once the dust has settled on the current round of industry reforms, the dealer group as we know it may cease to exist, according to senior financial financial advice figu...
Financial planning
Level of interest sees AFA/FSC upgrade to a larger venue for their Future of Financial Advice forum....
Policy & Regulation
A surprisingly large response to a combined Association of Financial Advisers and Financial Services Council forum on the Future of Financial Advice changes indicates fin...
Financial planning
Derivatives trading director Neil King was banned from the financial services industry for six years after he misled clients into trading with his company....
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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...