POWERED BY MOMENTUM MEDIA
ASIC
Life/Risk
ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....
Life/Risk
The Australian Securities and Investments Commission wants more power to deal directly with insurance claims handling issues....
Financial planning
ASIC has accepted enforceable undertakings from Westpac and ANZ to address inadequacies with their wholesale FX businesses....
Policy & Regulation
The Australian Securities and Investments Commission wants more evidence before allowing responsible entities to directly negotiate fees with individual retail investors...
Financial planning
ASIC has permanently banned former Morgan Stanley adviser, Andrew Panayiotides, from providing financial services....
Policy & Regulation
The Australian Securities and Investments Commission has remade two legislative instruments and also repealed one ahead of their expiry in April....
Financial planning
An Interprac Financial Planning authorised representative has closed his website after ASIC flagged concerns over misleading advertising....
Financial planning
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....
Funds management
Private equity funds have urged ASIC to address “flawed implementation” of new fee disclosure requirements....
Financial planning
ASIC has commenced civil penalty proceedings against Westpac for breaching home-loan responsible lending laws....
Editorial
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...
Funds management
Share Investing Limited has paid a penalty of $130,000 after it complied with a Markets Disciplinary Panel infringement notice. ...
Financial planning
ASIC has cancelled Sovereign MF’s AFSL as liquidators are in the final stages of winding up its schemes....
Financial planning
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...
Editorial
Was the life insurance industry ever really guilty of “excessive” churn or was churn a means to a politically-motivated end?...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...