Accountants are being warned to start their applications for limited AFSLs now or risk missing the 1 July 2016 deadline....
A liquidator has been appointed for a Perth-based private investment company after ASIC lodged an application following complaints of fraud against the companies....
More than half of the 160 accountants who have applied for a limited AFSL have not been granted licences by ASIC....
ASIC has continued to express concerns around the culture of advice and frontline staff in banks, and has advised its enforcement teams to go for harsher penalties....
After a change of directors the Australian Capital Markets Advisory Services was unable to meet its AFSL obligations, and as a result its license has been suspended....
Companies associated with the Nicheliving Group have paid $40,800 in penalties relating to misleading online and TV ads for investment properties....
ASIC is taking action over companies associated with the 21st Century Group and Jamie McIntyre as it alleges five banking schemes are unregistered managed investment sche...
ASIC enforcement activities have led to three advisers receiving jail sentences in the first half of 2015, the regulator reveals....
Ausbil Investment Management is paying $18 million in compensation to investors affected by a fee inconsistency in the Ausbil Investment Trusts – Australian Emerging Lead...
The decision to invest in ETFs is being driven by investors at present as advisers still come to terms with the growing product sector....
ASIC began proceedings in the Victorian Federal Court against failed land banking company Midland HWY, for appointing Hall Chadwick as administrators without notifying in...
Moves to assess the landscape of financial planning should be lauded but, as Jason Spits writes, there needs to be more clarity as to who should populate that landscape....
Financial services lawyer, Peter Bobbin, warns that ASIC has neither the culture nor the expertise to handle a product intervention power....
A Queensland couple are facing civil action over allegations that they have been providing financial services without and AFSL....
The corporate regulator has ordered people under investigation to pay its investigation costs and expenses if they are convicted of the offence, or face a penalty....
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 ...