The FSI final report has recommended establishing a Board to oversight both APRA and ASIC....
FPA chief executive, Mark Rantall, has expressed disappointment that the ASIC chairman’s comments impacted the entire profession....
Much as a judge or magistrate has a duty to stay impartial when hearing matters which come before their courts, so too does a Commonwealth regulator....
ASIC chairman, Greg Medcraft admits he's fired up and heartbroken over bad financial planners. ...
ASIC has vehemently denied being swayed by lobbying groups to suspend its adviser competency push. ...
A mortgage lender has been forced to rename one of its loan products after failing to realise that ‘MoneySmart’ has been traded marked by ASIC....
Australia’s regulatory and legal system has not kept pace with industry and consumer demand for electronic disclosures, according to ASIC. ...
ASIC has reiterated its calls for a national exam stating that recent changes around education still did not guarantee a consistent national standard for advice....
ASIC has launched legal action against Make it Mine Finance for violating consumer credit laws, including responsible lending duties....
ASIC has issued a $42,500 penalty on payday lender Abaz Pty Ltd for failing to get the necessary account statements from consumers....
ASIC has cancelled the Australian credit licence of Net Finance (Corp) Pty Ltd and banned its director, Graham Tandy, from the credit industry for 10 years....
ASIC has answered parliamentary questions about superannuation union liaison officers, the type of advice they can provide and whose AFSL they might be working under....
A former financial adviser has been jailed after being found guilty of stealing shares worth almost $1.5 million to meet margin calls on his mother’s margin lending accou...
The Minister for Finance and Acting Asistant Treasurer, Senator Mathias Cormann will address a Money Management breakfast traversing key issues....
Risk commissions may be a mis-match for best interests duties, with the current product-driven framework incentivising insurance options that could distract advisers from...
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 ...