ASIC

Policy & Regulation

The Federal Treasurer has reinforced that he wants the Australian Securities and Investments Commission to take a tougher approach in pursuing litigation rather than nego...

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Funds management

The Federal Court has approved the proposed scheme of arrangement under which Charter Hall Limited will acquire Folkestone....

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Financial planning

Commonwealth Financial Planning has sought an extension of time from the independent expert appointed to oversee the outcome of its enforceable undertaking (EU) over fees...

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Policy & Regulation

With ASIC having recently stopped a number of retail initial coin offerings and token generation events, The Fold Legal finds that tokens don’t always fit neatly into the...

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Policy & Regulation

The Australian Securities and Investments Commission has signalled the likelihood that it will become significantly more litigious in the wake of the Royal Commission....

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Policy & Regulation

Industry superannuation funds have questioned why product manufacturers such as investment managers have been “carved-out” of the Government’s new laws around design and ...

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Policy & Regulation

The Australian Securities and Investments Commission is arguing that giving it product sales training intervention powers may reduce the need for it to take extreme actio...

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Policy & Regulation

The Australian Securities and Investments Commission said it will commence a review of school banking programs in primary schools....

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Policy & Regulation

The Australian Securities and Investments Commission has cancelled the Australian financial services licence of Direct FX Trading Pty Ltd. ...

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Financial planning

The Financial Planning Association has suggested risk rating financial products to better target consumer protections....

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Policy & Regulation

The Australian Securities and Investments Commission has signalled that financial institutions with a poor breach reporting record are likely to find themselves dealing w...

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Funds management

Folkestone has announced that its shareholders have approved the acquisition of the firm by Charter Hall....

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Financial planning

Industry Super Australia has accused elements of the retail advice sector of lobbying to water down the rules around personal advice and product distribution....

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Policy & Regulation

The Australian Competition and Consumer Commission has told a key parliamentary committee it is funded and empowered to be the financial services “competition champion”....

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Financial planning

The Australian Securities and Investments Commission has flagged impending enforcement action against advice licensees for Fee Disclosure Statement failings and a broader...

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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 ...

1 month ago
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 ...

1 month ago
gonski

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

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

3 weeks ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

4 weeks ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

3 weeks ago