ASIC has launched legal action against Make it Mine Finance for violating consumer credit laws, including responsible lending duties....

ASIC has issued a $42,500 penalty on payday lender Abaz Pty Ltd for failing to get the necessary account statements from consumers....

The Minister for Finance and Acting Asistant Treasurer, Senator Mathias Cormann will address a Money Management breakfast traversing key issues....

The FPA has urged a facilitative approach from ASIC as planners seek to comply with the Senate imposed FOFA reversal....

ASIC deputy chairman, Peter Kell warns against ‘gaming’ the general advice regime....

ASIC deputy chairman, Peter Kell has confirmed intra-fund advice is on the regulator's surveillance radar....

As risk planning remains a hot topic in the financial advice space, Malavika Santhebennur explores the top 10 legal quandaries planners can find themselves in and how to ...

Suncorp has finished remediating its life and general insurance businesses after breaches that saw the insurer pay back $23 million to customers. ...

ASIC has ordered NAB to tweak claims on its home loan rate advertisements, as part of its crackdown on false and misleading advertising. ...

ASIC deputy chairman, Peter Kell, says the regulator will be taking a clsoe look at professional indemnity insurance in coming months....

The corporate regulator is not seeking any changes to PI insurance requirements for advisers stating that ‘tinkering’ would not deal with problems related to claims or di...

The corporate regulator will consider model portfolios as a suitable investment under best interest duties if they do not adopt mechanistic processes on selecting assets ...

A South Australian finance broker has pleaded guilty to forging a memorandum of mortgage, to defraud $170,000 from an investor....

More than a third of life insurance advice has not been appropriate according to a review conducted by ASIC....