ASIC

Financial planning

Former investment manager linked to failed superannuation fund Trio Capital, Tony Maher, was sentenced to 25 months jail for financial gain through misleading statements....

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Financial planning

Commonwealth Bank chief executive, Ian Narev has promised a detailed response to last week’s scathing Senate Committee report as Financial Services Minsiter, Senator Math...

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Financial planning

ASIC says a royal commission into its handling of Commonwealth Financial Planning (CommFP) scandal would divert resources from other investigations it's currently pursuin...

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Financial planning

The future of the Seante Committee report into the performance of ASIC resides with the Government which is already signalling a cautious approach....

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Financial planning

The Commonwealth Bank (CBA) has rejected a senator’s claims that it deliberately kept regulators in the dark and played down the seriousness its planning groups’ actions ...

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Financial planning

ASIC has signalled its oversight of enforceable undertakings is likely to be more rigorous....

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Financial planning

ASIC should be subject to regular reviews while FOS should move to a higher award regime...

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Financial planning

Senate Committee recommends higher education, professional association membership and enshrinement of ‘financial planner’ in report on ASIC performance...

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Financial planning

ASIC should be given the power to immediately suspend financial planners who it suspects have engaged in misconduct according to Senate Committee....

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Superannuation

ISA claims bank owned super funds ran campaign to remove ads but will continue with them after making changes required by ASIC ...

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Policy & Regulation

ASIC, Treasury and the TPB have been urged to ensure the harmonisation of the standards applied to advisers....

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Policy & Regulation

Questions are being asked about Industry Super Australia’s integrity after its 'Compare the Pair’ advertising campaign was labelled as potentially misleading by ASIC....

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Financial planning

Class action cases being taken against financial planning groups are being hailed as “a good thing” by ASIC chair, Greg Medcraft....

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Financial planning

The Senate Committee reviewing the operations of ASIC is expected to table its final report today....

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Superannuation

Industry Super Australia (ISA) has voluntarily offered to change its 'Compare the Pair’ advertising campaign after concerns were raised by the Australian Securities and I...

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