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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

So we are now underwriting criminal scams?...

2 weeks 6 days ago

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

3 weeks 3 days ago

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

2 months 3 weeks ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

2 weeks 2 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

2 weeks 2 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

2 weeks 3 days ago