POLICY & REGULATION

INDUSTRY NEWS

Chairs of Australia’s financial regulators have told the House of Representatives economics committee of their focuses for the year ahead including cryptocurrency and gre...

INDUSTRY NEWS

ASIC has banned a Sydney director for three years after he tried to approach determinations by the Australian Financial Complaints Authority, including for inappropriate ...

INDUSTRY NEWS

The Australian Law Reform Commission has published its second interim report on changes to financial services legislation including a proposed legislative model. ...

INDUSTRY NEWS

The corporate regulator has made an interim stop order on a fund investing in shopping centres because of a non-compliant target market determination....

INDUSTRY NEWS

Regulatory action against Colonial First State and Commonwealth Bank alleging breaches of conflicted remuneration laws have been dismissed by the Federal Court....

INDUSTRY NEWS

Dixon Advisory and Superannuation Services has been penalised $7.2 million by the Federal Court....

INDUSTRY NEWS

Governor Phil Lowe has admitted that the Reserve Bank of Australia made mistakes in its expectations that interest rates would be lower for longer....

INDUSTRY NEWS

Some 18 funds with $1.4 billion in assets under management have voluntarily amended their marketing materials after a surveillance operation by the regulator....

INDUSTRY NEWS

Organisations have welcomed the introduction of legislation for the Compensation Scheme of Last Resort but raised questions why managed investment schemes were excluded....

INDUSTRY NEWS

The Reserve Bank of Australia (RBA) has lifted interest rates by 0.5 percentage points, taking the cash rate target up to 2.35%....

INDUSTRY NEWS

The Australian Securities & Investments Commission (ASIC) has extended its ban on brokers offering binary options to retail traders until October 2031....

INDUSTRY NEWS

The Australian Securities and Investments Commission (ASIC) has warned brokers to be careful about or reconsider offering high-risk products and services to retail invest...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 18 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago