ASIC has proposed the use of its statutory power to modify provisions of the National Credit Act to prohibit the use of flex commissions in the car financing industry....

Private equity funds have urged ASIC to address “flawed implementation” of new fee disclosure requirements....

ASIC has commenced civil penalty proceedings against Westpac for breaching home-loan responsible lending laws....

The days of the major banks competing for major wealth management assets are gone due to a combination of indifferent financial results and regulatory and reputational ri...

Share Investing Limited has paid a penalty of $130,000 after it complied with a Markets Disciplinary Panel infringement notice. ...

ASIC has cancelled Sovereign MF’s AFSL as liquidators are in the final stages of winding up its schemes....

ASIC has banned Roan Financial Group’s Darren Tindall from providing financial services for five years after the FPA received a complaint against him for dishonest conduc...

Was the life insurance industry ever really guilty of “excessive” churn or was churn a means to a politically-motivated end?...

The Australian Securities and Investments Commission has left Federal Parliamentarians in no doubt that it has concerns about the compatibility of vertical integration wi...

Accountants remain the most trusted advisers for SMSF clients but with licensing take-up remaining low following the accountants' exemption, what will this mean for SMSF ...

The Australian Securities and Investments Commission has warned that while open APLs might help, the benefits will be undermined by vertical integration and conflicts of ...

ASIC has signalled the possibility that higher education standards for planners may also extend to RG 146....

A breakdown in internal procedures has resulted in licence conditions being imposed on NAB’s superannuation trustee relating to MLC Masterkey products....

The Australian Securities and Investments Commission has given itself a solid pass mark on its own self-assessment....