PETER KELL
Financial planning
Regulator claims Macquarie Equities Limited (MEL) had “very poor” record keeping and lack of detail in its advice documents....
Editorial
The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...
Financial planning
Your Super Accountant has paid a $2040 infringement notice penalty in relation to potentially misleading statements about the cost of setting a self-managed superannuatio...
Financial planning
Esuperfund Pty Ltd has paid $30,600 in penalties after ASIC issued three infringement notices in relation to “false or misleading” online advertising....
Financial planning
Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....
Life/Risk
Both APRA and ASIC express concerns at failure to learn lessons in life/risk sector....
Superannuation
One of Australia’s regulators fears self-managed super funds could expose investors to inappropriate borrowing strategies, but doesn’t see a role for itself in guarding t...
Financial planning
ASIC has cancelled the AFSLs of seven licensees who did not have adequate professional indemnity insurance....
Financial planning
Queensland-based financial adviser, Thanh Quoc Tu, who misled clients, has been permanently banned from engaging in the provision of financial services by ASIC. ...
Financial planning
ASIC has permanently banned former Victorian finance broker, Rudy Noel Frugtniet, from engaging in credit activities....
Financial planning
A former WealthSure financial adviser has been jailed after transferring around half a million dollars out of clients’ accounts without their knowledge. ...
Financial planning
CommFP counters claims by ASIC that it was not informed of key elements of client compensation arrangements...
Financial planning
The Australian Securities and Investments Commission (ASIC) has permanently banned Victorian finance broker Kieu Thi-Thanh Huynh from carrying out credit activities after...
Superannuation
ASIC declares it is taking a close look at one-stop shops seeking to traverse SMSF establishment and property investment. ...
Life/Risk
Businesses that sell general or life insurance, or offer credit as an ‘add-on’ insurance offering, should be on guard as they come under ASIC scrutiny, a law firm warns....
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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...