ASIC

Financial planning

ASIC admits scrutinising Senate Inquiry submissions

ASIC chairman Greg Medcraft says the regulator has been examining all the submissions to the Senate Inquiry so ASIC can do a better job....

Superannuation

ISA compares SMSF and industry fund fees

Industry Super Australia has pointed to new research to highlight fee disparity between SMSFs and industry super funds....

Financial planning

Is there room for smaller planners in scaled advice?

Is scaled advice a game only the big guys can play? Malavika Santhebennur explores some of the things that might be stopping smaller financial planning practices from pro...

Editorial

Does ASIC have the power and resources it needs?

'Does ASIC have the power and the resources to fulfil its task as corporate watchdog?' is the question the Australian Senate is asking as part of its review of the regula...

Editorial

Can we control ourselves?

The Financial Planning Association has canvassed the possibility of a professional association regulating the industry alongside ASIC but, as Mike Taylor writes, many wil...

Financial planning

Ex-AFS adviser enters into EU

Former AFS adviser Gabriel Nakhl has been permanently banned from providing financial advice after entering into an enforceable undertaking....

Financial planning

ASIC speeding up licensee complaints process

Lawyer advises licensees to get ready to change their dispute resolution systems, with ASIC now requiring them to act quicker....

Financial planning

Call for financial planner passport scheme

The Commonwealth Bank is calling for the introduction of a financial planner passport scheme, similar to the one operating in the United States. ...

Funds management

MDA review timetable to be pushed out to next year

ASIC confirms new MDA guidelines likely in 2014....

Editorial

Hedge funds - to regulate or not to regulate

When it comes to hedge funds, the watchful gaze of regulators seems never to be far behind, as Janine Mace writes. ...

Editorial

ASIC and APRA's Trio/Astarra failures laid bare

Australia’s two key financial services regulators, ASIC and APRA have moved a step closer to concluding their actions around the collapse of Trio/Astarra and, in doing so...

Financial planning

Former Bell Potter Securities adviser receives permanent ban for fraud

Adviser sentenced to jail and permanently banned from providing financial services....

Editorial

With ASIC, you get what you pay for

Mike Taylor writes that as a former ASIC executive, ASFA chief executive Pauline Vamos has managed to spice up the submissions to the Senate Committee reviewing ASIC’s op...