CORPORATIONS ACT

Financial planning

Commodity derivative exchange the Chicago Mercantile Exchange (CME) has been granted a clearing and settlement (CS) facilities licence....

image
Financial planning

Synchron has warned that independent licensees are under threat from double taxation as State treasuries pursue payroll tax....

image
Life/Risk

Australians impacted by the collapse of debenture insurer, Provident Capital Limited, are being invited to take part in a class action suit against the business’ trustee....

image
Financial planning

The founder and director of the responsible entity for two MISs which were wound up owing around $200 million is fined $10,000 for failing to assist the liquidators....

image
Superannuation

A senior Liberal Senator has asked ASIC whether union-based superannuation liaison officers are providing advice....

image
Financial planning

Consumers are unlikely to understand the term ‘independent advice’ and its use will help in the management of conflicts of interest according to KPMG....

image
Funds management

Regulatory changes to the Corporations Act intended to drive up the retail corporate bond market will not make a huge difference, according to industry insiders....

image
Accounting

A Melbourne accountant has been jailed for five years and eight months for operating 21 unregistered managed investment schemes relating to property development....

image
Superannuation

The regulatory or consumer benefits for superannuation funds to report portfolio holdings has not been demonstrated by the Federal Government according to a leading legal...

image
Funds management

Van Eyk has temporarily suspended applications and redemptions on a number of its Blueprint funds....

image
Financial planning

The level of proportionate liability for the actions of planners and licensees has been made uncertain after the Federal Court contradicted itself in recent ruling....

image
Financial planning

Brisbane-based financial planning practice Tupicoffs has become one of the few Australian planning firms to sign a Declaration of Independence, proclaiming it free of all...

image
Financial planning

A former financial planner who is serving a 13-year prison sentence has been permanently banned from providing financial services and engaging in credit activity by the A...

image
Policy & Regulation

The FSC says the Government’s FOFA changes announcement means its time to end the scare-mongering. ...

image
Policy & Regulation

Senate Committee recommends FOFA amendments be passed but Greens and Labor Senators object to all the suggested changes....

image
 

MARKET INSIGHTS

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

Bradley

Dear CEO and board, It's time to start some VERY HEAVY LOBBYING on behalf of advisers which could save your platform re...

3 days 17 hours ago
JOHN GILLIES

He is every thing ASIC said he was BUT How on earth did he expect to get away with it????? . these guy's who dip in...

3 days 19 hours ago
Chris Cornish

A tad optimistic from Morningstar. Adviser numbers are somewhat irrelevant; it all comes down to the platform and whethe...

3 days 20 hours ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

1 week 4 days ago

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

2 weeks 5 days ago

Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend....

2 weeks 6 days ago