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ASIC
Life/Risk
The Federal Opposition says that so far as churn exists in the life/risk sector it should be subject to a self-regulatory approach....
Financial planning
The CFP designation is gaining kudos worldwide and in Australia as demand for provable expertise and integrity grows, according to Financial Planning Association CEO Mark...
Financial planning
Merrill Lynch Equities (Australia) has been fined $120,000 by the Markets Disciplinary Panel (MDP) for not ensuring that it had in place organisational and technical reso...
Funds management
The FSC has opposed further regulation of licensed trustee companies following proposals put forward by CAMAC with regards to charitable trusts....
Funds management
ASIC consultation brings ASX platform a step closer but narrows its focus....
Financial planning
The Australian Securities and Investments Commission (ASIC) has successfully overturned a Federal Court decision to dismiss an application by the regulator in relation to...
Financial planning
AFA chief executive Brad Fox says the AFA will re-engage with the FSC around churn but that the major insurers must also ante up....
Life/Risk
Letter from Shorten and consultation with ASIC prompts FSC to reopen moves for self-regulation around churn. ...
Superannuation
An ASFA submission has confirmed the degree to which super funds are evolving to meet the retail market....
Financial planning
ASIC has reached a $1.1 million out of court settlement with BOQ, Senrac and Macquarie Bank in a high-profile Storm Financial case....
Superannuation
Newly appointed AMP SMSF executive Peter Burgess explains that assessing suitability and explaining risks is the key to good SMSF advice....
Financial planning
The principal of Levitt Robinson has said it is inappropriate for the corporate watchdog to launch an appeal against an $82.5 million settlement between former Storm Fina...
The regulator should work to extend the scope of its financial literacy strategy to include an appropriate focus on retirement funding, particularly in relation to senior...
Financial planning
ASIC uses Macquarie’s Storm settlement to challenge premium handed to those who fund class actions....
Editorial
ASIC was right when it issued a warning to financial services licensees to ensure they have “robust recruitment processes” in place when appointing people who have previo...
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Podcast
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 ...