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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....
Funds management
The firm was fined for false and misleading marketing of its $5.15 billion Australian Credit fund over three years....
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...
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...
Funds management
It is alleged the sponsored link advertisements promoting Mayfair debenture products were misleading or deceptive....
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...
Funds management
Synergy Financial Markets has paid over $10,000 after ASIC found it had engaged in misleading advertising on its website....
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...
Financial planning
An Interprac Financial Planning authorised representative has closed his website after ASIC flagged concerns over misleading advertising....
Life/Risk
Petplan Australasia Pty Ltd is updating its Petplan advertising after customers were exposed to misleading insurance information....
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. ...
Superannuation
A Melbourne publisher's superannuation scare campaign has ended in a $21,600 ASIC penalty. ...
Life/Risk
TAL Direct, trading as InsuranceLine, paid a $10,200 penalty for a false and misleading advertisement for its Income Protection Plus product ...
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
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....