ASIC

Funds management

The recently announced industry standard for defining a hedge fund presents a catch-all concern to unaware fund managers....

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Life/Risk

Insurance brokers have told Money Management Vero Insurance representatives have alerted them to a price hike of up to 50 per cent to Vero's professional indemnity insura...

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Superannuation

ASFA urges government to change direction on illegal early release on SMSFs, claiming the problem has diminished....

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Funds management

ASIC has set new disclosure requirements for hedge funds, following industry consultation and the Parliamentary Joint Committee report into the Trio Capital collapse....

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The Industry Super Network claims high frequency trading is benefiting a small subset of investors at the expense of super funds....

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Financial planning

Shareholders in Australian publicly-listed companies are likely to get more information from annual reports under new guidance being proposed by ASIC....

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Financial planning

ASIC's settlement with the CBA sees the BOQ and Macquarie Bank left to face Storm Financial litigation....

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Editorial

Financial planners are required to be members of an approved external disputes resolution service but they may not always know whether they are getting value for money....

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Financial planning

The Government has outlined a range of changes to give APRA greater scope to take pre-emptive action....

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Financial planning

ASIC has monitored more than 3,300 providers of financial advice over the past year, dedicating 29 staffers to the surveillance....

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Financial planning

A former WealthSure financial adviser has appeared in court facing 22 fraud charges brought by the Australian Securities and Investments Commission....

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Financial planning

ASIC promises more reviews of managed funds risk practices, citing concerns about over-use of external risk consultants....

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Financial planning

New insolvencies data suggests financial services firms are weathering the tough times better than most, albeit some advisers and MIS schemes were exposed....

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Financial planning

The Australian Securities and Investments Commission (ASIC) has alleged in court that a South Australian adviser misappropriated $3.1 million in client funds....

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Financial planning

The National Consumer Credit Act was implemented for the first time after a Sydney director was found guilty of contravening it. ...

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MARKET INSIGHTS

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