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Funds management

ASIC has highlighted examples of problematic marketing in managed funds and expects to make a series of regulatory outcomes in the next few months....

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Funds management

The firm was fined for false and misleading marketing of its $5.15 billion Australian Credit fund over three years....

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Superannuation

Amid suggestions the Government is going to crack down on industry funds advertising via changes to the sole purpose test, Industry Super Australia has declared that adve...

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Superannuation

A key Parliamentary Committee has declared its intention to scrutinise the amount of money being spent by industry funds on advertising and whether it is members’ best in...

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Funds management

It is alleged the sponsored link advertisements promoting Mayfair debenture products were misleading or deceptive....

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Superannuation

Two of Australia’s largest industry superannuation funds have revealed how much money they spent on advertising and marketing, with AustralianSuper revealing that its con...

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Funds management

Synergy Financial Markets has paid over $10,000 after ASIC found it had engaged in misleading advertising on its website....

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Superannuation

Industry Super Australia said it was surprised by Kelly O’Dwyer’s reaction to its advertising campaign on banks moving into super, saying it demonstrated a lack of balanc...

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Financial planning

An Interprac Financial Planning authorised representative has closed his website after ASIC flagged concerns over misleading advertising....

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Life/Risk

Petplan Australasia Pty Ltd is updating its Petplan advertising after customers were exposed to misleading insurance information....

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Tools & guides

Using the wrong words in promotional material can land any business in hot water. David Court looks at the top 12 promotional problem words in financial services. ...

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Superannuation

A Melbourne publisher's superannuation scare campaign has ended in a $21,600 ASIC penalty. ...

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Life/Risk

TAL Direct, trading as InsuranceLine, paid a $10,200 penalty for a false and misleading advertisement for its Income Protection Plus product ...

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Policy & Regulation

GE Money has changed its promotion of personal loans and debt consolidation loans after ASIC found it to be potentially misleading....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

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ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

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Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

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