ASIC

Financial planning

A Western Australia-based financial planner's ability to retain his accreditation will be left up to ASIC after failing to secure a spent conviction relating to a breach ...

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Financial planning

ASIC chairman, Greg Medcraft has received his wish with increased funding for the regulator to “combat misconduct in the financial services industry”....

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Financial planning

ASIC bans former financial planner after receiving information from National Australia Bank....

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Policy & Regulation

Not-for-profit fund UniSuper has welcomed the Government’s move to boost ASIC funding instead of pursuing a Royal Commission into the banking and financial services indus...

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Financial planning

The Government has announced a $127.2 million reform package for ASIC, with costs to be recovered from all industry sectors regulated by ASIC. ...

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Policy & Regulation

The Government is set to increase the APRA levy to fund increased ASIC scrutiny of the banking industry....

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Financial planning

A former company director has been sentenced to over two years in jail for fraudulently misappropriating almost $300,000 of investor funds in a property development in Qu...

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Financial planning

An application from ASIC has led to two developer companies facing liquidation for knowingly partaking in schemes that led to misappropriation of investors’ funds. ...

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Funds management

A Queenslander who promoted a non-existent investment fund has had his ban from financial services cut by 25 per cent....

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Policy & Regulation

Federal Treasurer, Scott Morrison, flags meeting with ASIC later this week on issues of bank conduct....

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Financial planning

Planning group Paragem has warned practices to look at their options as the ASIC Class Order permitting so-called Limited Managed Discretionary Accounts sunsets....

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Financial planning

The Federal Treasurer, Scott Morrison has indicated the Government may direct additional Budget funding to ASIC to assist it in investigating the conduct of the major ban...

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Editorial

Accountants continue to drag their feet with respect to the new limited licensing regime but, as Mike Taylor reports, they risk provoking a regulatory shadow shop. ...

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Policy & Regulation

CPA Australia Advice has set out the pricing around its accoutants licensing offer with the caveat that it all depends on ASIC granting an AFSL....

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Policy & Regulation

ASIC has initiated court action against Westpac Banking Corporation over alleged manipulation of the bank bill swap rate....

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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 ...

1 month ago
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 ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

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....

2 weeks 4 days ago

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

3 weeks 5 days ago

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

2 weeks 4 days ago