Superannuation funds and other financial services organisations will have to account for the decade starting 1 January, 2008, as they seek to address pointed questioning ...

An adviser who directed client fees to his own account has been permanently banned by the Australian Securities and Investments Commission....

The Australian Prudential Regulation Authority has told superannuation funds they need to more clearly explain where and why they are spending members’ money, particularl...

The Commonwealth Bank of Australia has admitted to a major breach of Australian money laundering regulations in the wake of AUSTRAC’s investigation....

The Australian Securities and Investments Commission appears to have been successful in persuading a key Parliamentary Committee of its view on life/risk advice and lapse...

The Australian Securities and Investments Commission has sent a clear message to Managed Discretionary Account operators that it sees personal advice as a key protection ...

The Federal Government has signalled it will not be taking a bipartisan approach to setting the terms of reference for the Royal Commission into the Banking and Financial...

The Australian Securities and Investments Commission has accepted an enforceable undertaking from Foster Stockbroking Pty Limited....

ASIC has revealed how the planners sitting on it’s the Financial Services and Credit Panel will sit in judgement on their peers and help determine banning orders....

A key Treasury-led taskforce is urging the Government to give the Australian Securities and Investments Commission the power to go beyond procedures such as enforceable u...

The Federal Government has provided the industry just 14 days to comment on the establishment of the new Australian Financial Complaints Authority....

The Australian Bankers’ Association has sought to limit the extent to which bank executives can be punished for the actions of others under the Bank Executive Accountabil...

ASIC has continued its work on the improvement of transparency and comparability of fees and costs for managed investment and superannuation funds....

The Australian Securities and Investments Commission wants its new product intervention power to have enough teeth to preclude participants in the financial services food...