Industry Super Australia has called on ASIC to conduct an audit of orphan commissions. ...

ASIC has permanently banned Southport-based former financial adviser, Grant Patrick Thompson, from providing financial services....

Super funds have received a deadline extension to 1 July 2015 for compliance with fee and cost disclosure requirements....

The Australian Securities and Investments Commission (ASIC) released guidance for superannuation funds and their trustees on information disclosure on their websites in a...

ASIC permanently bans adviser after finding he disbursed client funds to parties related to the adviser....

CommFP counters claims by ASIC that it was not informed of key elements of client compensation arrangements...

Mike Taylor writes that if the Senate Committee inquiry reviewing the actions of ASIC has achieved nothing else, it has has identified just how reliant the regulator has ...

Merrill Lynch Equities (Australia) Limited has paid a penalty of $65,000 to comply with an infringement notice relating to a breach of the Corporations Act 2001. ...

ASIC has banned two advisers from providing financial services for up to five years. ...

The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....

ASIC chairman, Greg Medcraft admits ambiguity led to CommFP client compensation failures, but claims the bank was not “upfront”....

Mike Taylor writes that the board of the Commonwealth Bank must be wondering how it was possible for the controversy around Commonwealth Financial Planning to get worse....

ASIC executive claims consumer misunderstandings were exploited for the benefit of financial services providers....

Penalties for financial planners who breach the law are not severe enough, the Australian Securities and Investments Commission believes....