ASIC

Policy & Regulation

ASIC has disqualified NSW SMSF auditor, Robert Taylor, for breaching fundamental independence requirements. ...

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People & Products

The Turnbull Government has invited the states and territories to support the expansion of the ASIC MoneySmart Teaching program. ...

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Superannuation

The Australian Securities and Investments Commission has applied to the Federal Court for the appointment of a liquidator to Superfunded, amid various allegations of misb...

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Policy & Regulation

The Commonwealth Bank has hit back at one of the many organisations to level accusations against it in recent years, saying that it will fight the Australian Securities a...

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Policy & Regulation

The Australian Securities and Investments Commission has banned Queensland financial adviser, Christopher Ramsay, from providing financial services for five years for fai...

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Policy & Regulation

ASIC has permanently banned a New South Wales financial adviser from providing financial advice, following a finding that he dishonestly charged clients almost $67,000 in...

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Financial planning

A financial planner’s years of experience has value and should be recognised, according to Australian Securities and Investments Commission deputy chairman, Peter Kell....

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Financial planning

ASIC has been asked within a Parliamentary Committee hearing whether it will scrutinise financial advice provided by industry funds in the same way it scrutinised that pr...

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Policy & Regulation

Australia’s five largest banking and financial services institutions have paid a further $21.4 million to customers who suffered losses as a result of non-compliant condu...

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Policy & Regulation

Two directors of financial services company, One Investment Services, have entered into an enforceable undertaking with ASIC following misconduct in their application for...

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Policy & Regulation

The new chairman of the Australian Securities and Investments Commission, James Shipton, has signalled a substantial continuation of the Medcraft agenda....

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Policy & Regulation

The Australian Securities and Investments Commission has rated the credit ratings houses via a surveillance and found them wanting in some key areas....

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Life/Risk

The Financial Services Council has confirmed to a Parliamentary Committee that it wants life insurers to have the right to unilaterally amend policies provided it does no...

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Policy & Regulation

Former Wallabies great and managing director of Corporate Broking at Bell Potter Securities, Simon Poidevin, has won a stay against an ASIC banning order....

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Policy & Regulation

The Productivity Commission is urging that the regulators be given more power to drive competition in the financial services industry....

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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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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....

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

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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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