Major banks paid or offered customers $215.9 million of an estimated $219.5 million in refunds and interests for failing to provide advice....
The Australian Securities and Investments Commission appears to have been successful in persuading a key Parliamentary Committee of its view on life/risk advice and lapse...
The Australian Securities and Investments Commission has released a review of its regulatory sandbox, which plans to retain waivers for licencing for fintech businesses....
The Financial Planning Association has harshly criticised proposals to increase compliance penalties against financial planners to double those imposed against people fou...
ASIC has confirmed around 20 per cent of superannuation fund receive ‘rebates’ from insurers with a similar number accepting corporate hospitality....
The Australian Securities and Investments Commission has confirmed to a Parliamentary Committee it is no longer talking about churn but, rather, lapses and the appropriat...
The Australian Financial Complaints Authority will come into being next year following the passage of the necessary legislation through the Senate with minor amendments....
The Australian Securities and Investments Commission has warned it will take action if platform providers break the rules and understate cumulative fees....
The Australian Securities and Investments Commission has sent a clear message to Managed Discretionary Account operators that it sees personal advice as a key protection ...
The Australian Securities and Investments Commission has made a strong pitch for further law reform to allow it greater scope to handle claims in the life/risk arena....
Approved Product Lists help make advisers more efficient and keep the cost of delivering advice under control, according to the Financial Services Council....
The Australian Securities and Investments Commission has revealed it is focusing on super funds which provide employers with inducements such as free tickets to sporting ...
ASIC has banned Victorian financial adviser, Julie Hamilton from providing financial services for three years....
ASIC has published a report with its approach and assessment of licence applications and professional registrations for the period July, 2016 to June, 2017....
The Australian Securities and Investments Commission has confirmed that a number of industry funds have developed offerings that make them look a lot like platforms....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...