POWERED BY MOMENTUM MEDIA
POLICY & REGULATION
INDUSTRY NEWS
ASIC has banned Melbourne-based financial adviser David Noel Ruthenberg from providing financial services for three years....
INDUSTRY NEWS
ASIC has commenced civil penalty proceedings against Mercer Financial Advice for allegedly making false or misleading representations to its customers about fees charged ...
INDUSTRY NEWS
Former Queensland financial adviser, Lawrence Toledo, has been convicted and fined $1,500 after pleading guilty to three charges of breaching an Australian Securities and...
INDUSTRY NEWS
The ALRC has detailed the stakeholder feedback it has received regarding definitions of financial advice and possible changes to the terms, although it will hold off maki...
INDUSTRY NEWS
A retrial has been granted in Queensland for Ben Jayaweera, a former financial adviser who had been previously convicted of six counts of dishonesty causing his clients a...
INDUSTRY NEWS
A former subsidiary of Commonwealth Bank has been penalised $1.7 million for failing to update defective disclosure statements, the first conviction of its kind....
INDUSTRY NEWS
Spaceship Capital chairman Paul Dortkamp has been banned by ASIC for a “fundamental oversight” related to his responsibilities, less than six months after its former CEO ...
INDUSTRY NEWS
The corporate regulator has made its first conviction of an individual for using social media to co-ordinate a ‘pump and dump’ scheme of listed stocks. ...
INDUSTRY NEWS
The Australian Securities and Investments Commission has released its latest cost recovery implementation statement for 2021/22, providing an estimated levy for financial...
INDUSTRY NEWS
Organisations have welcomed the Albanese Labor government and the appointment of Stephen Jones as minister for financial services with hopes for a focus on education and ...
INDUSTRY NEWS
Mark Thomas, former chief executive of van Eyk Research, has pleaded guilty to charges of dishonestly using his position to gain advantage for himself....
INDUSTRY NEWS
ASIC has commenced civil penalty proceedings against big four bank ANZ for allegedly misleading customers about the available funds and balances in their credit card acco...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...