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Editorial
Mike Taylor writes that serious questions are being asked about whether the Government’s proposed enhancements to the AFSL breach reporting regime will be worth the incre...
Features
The recent court decision against NSG Services Pty Ltd may not have clarified what constitutes ‘best interest’ but it highlighted the ‘reasonable steps’ an AFSL must take...
Features
Advisers might be keeping pace with technology, but are they on top of the regulation that goes with it? Hope William-Smith finds out....
Life/Risk
ASIC has once again called for the exemption removal of insurance claims handling from the Corporations Law after CommInsure was cleared of any wrongdoing as per the law....
Financial planning
ASIC’s review into how institutions dealt with non-compliant advisers highlighted the need for licensees/employers to follow FPA’s reference checking requirements, the FP...
Features
Being cyber resilient is not only about fulfilling a statutory obligation but also about preserving the integrity of a financial services firm, according to Holley Nether...
Financial planning
ASIC has banned a former Westpac financial adviser from providing financial services for eight years after finding cases of inappropriate advice provided to clients....
Funds management
Huntley Management has earned the ire of ASIC after using advertising material to claim the managed investment schemes for which it was the responsible entity were approv...
Financial planning
A former Illawong financial adviser has appeared in court on 19 charges of engaging in dishonest conduct with investor funds, including their self-managed superannuation ...
Financial planning
ASIC has banned former BTFG financial adviser, Michael Mahoney, from providing financial services for four years for misleading and deceptive conduct when providing insur...
Financial planning
A Victorian man has been imprisoned for illegally obtaining funds to develop property and for conducting a financial services business without a licence....
Financial planning
ASIC’s digital advice regulatory guidance has demonstrated that financial advice law is not technology-neutral, especially where laws were created with older platforms in...
Financial planning
The Federal Court has ruled Storm Financial directors breached their duties under the Corporations Act and provided inappropriate advice to investors without accounting f...
Tools & guides
Grant Holley looks at how compliance is not just about obligations but rather ingredients for running a successful business. ...
Financial planning
ASIC has banned a former Macquarie Equities Limited representative from providing financial services for five years for inappropriate advice and engaging in unauthorised ...
MARKET INSIGHTS
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Podcast
How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...
Faking exams and falsifying results..... Too stupid to comment on JG...
Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...