peter kell

Financial planning

ASIC bans Melbourne credit representative

ASIC band former Melbourne credit representative from undertaking credit activities for five years....

Financial planning

Wealth Within incurs ASIC penalty over advertising

ASIC moves against another financial services company over misleading advertising....

Editorial

Meting out equal justice

Mike Taylor writes that ASIC is right to pursue managers with just as much vigour as it pursues financial planners when things go wrong. ...

Financial planning

CommFP can still improve, says ASIC

ASIC tells a Senate Committee that while Commonwealth Financial Planning has lived up to its enforceable undertaking requirements, further work is required on its breach ...

Policy & Regulation

Regulator accused of causing confusion

Opposition parliamentarian Ed Husic has claimed ASIC is 'walking both sides of the street’ in taking a facilitative approach to regulating the implementation of the FOFA ...

Financial planning

ASIC wants tougher line on advice failures

ASIC will seek to ban management figures in financial planning firms that are involved in advice failures....

Financial planning

ANZ backs down on ad conditions after ASIC probe

ANZ has agreed to send out gift cards to income protection insurance customers after ASIC concerns....

Editorial

Keeping our regulators non-political

The executive director of the Revenue Group within the Federal Treasury, Rob Heferen, made a very important point to last month’s SPAA conference in Brisbane: any change ...

Superannuation

SMSF provider slapped with $10k fine

A self-managed super fund (SMSF) provider has paid a $10,200 infringement notice penalty for misleading advertising on the cost of setting up an SMSF....

Financial planning

ASIC warns of lending scam

ASIC warns on offshore lending scam which has impacted some Australian consumers....

Editorial

ASIC’s planner education future

Mike Taylor writes that ASIC chairman Greg Medcraft has laid out how the regulator sees the future of financial planner education – and the challenge will be how the indu...