ASIC

Financial planning

Replacing the term ‘general advice’ represents a positive step but it may need to be replaced by multiple terms and arrangements, according to the Australian Securities a...

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Financial planning

The organisation representing self-managed superannuation fund victims of the Trio/Astarra collapse have called on the Government to initiate a Serious Financial Crime Ta...

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Policy & Regulation

In the midst of a Productivity Commission inquiry into competition in financial services, the Government has proposed measures to make the Australian Securities and Inves...

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Policy & Regulation

The Government has announced its candidate for a second deputy chair of the Australian Securities and Investments Commission on the same day it introduced a bill to creat...

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Superannuation

The financial services regulators have been urged to closely scrutinise the financial relationships which exist between life insurers and superannuation fund trustees....

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Life/Risk

A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....

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Editorial

As key players in recent outcomes in the financial services industry, the Australian Securities and Investments Commission and the Australian Prudential Regulation Author...

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Financial planning

The Association of Financial Advisers has told the Productivity Commission that ASIC’s MoneySmart website had skewed consumer expectations by suggesting simple advice can...

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Life/Risk

TAL has offered refunds totalling $900,000 to 1,200 funeral insurance customers after reporting to the Australian Securities and Investments Commission that it failed to ...

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Financial planning

The Financial Planning Association has told the Productivity Commission that product manufacturers should no longer enjoy the licensing exemption which allows them to giv...

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Financial planning

The Australian Securities and Investments Commission has confirmed it is investigating whether planners recommended super choice over MySuper to protect their trailing co...

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Financial planning

Repeated instances of bad advice made it necessary for the Government to create the Financial Adviser Standards and Ethics Authority regime, according to the Minister for...

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Financial planning

The Australian Securities and Investments Commission has signalled a push to extend financial services professionalism beyond financial planners....

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Policy & Regulation

The Government will pass legislation to create a second deputy chairman of the Australian Securities and Investments Commission....

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Financial planning

A senior Australian Securities and Investments Commission executive has confirmed the likelihood of the regulator examining financial advice provided by industry funds, b...

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GG

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

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

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