AUSTRALIAN FINANCIAL SERVICES

Accounting

Two key accounting bodies, CPA Australia and the Institute of Chartered Accountants in Australia, have interpreted the Government's conditional licensing regime as a mean...

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Editorial

Susanna Khouri believes the Trio Capital debacle has highlighted the need for better mechanisms to compensate investors for loss....

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Financial planning

ASIC has wound up an unregistered managed investment scheme known as Master Fund, which extracted $3.6 million from 40 Australian investors....

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Editorial

In order to bring back the appeal of managed funds, Australia needs to comply with the newly created international standards on managed fund structures, according to Harv...

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Financial planning

The Australian Securities and Investments Commission has urged investors to avoid Connaught Investment Group....

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Financial planning

ASIC has offered relief to trustee companies engaging in intrafund transfers, releasing approval criteria and unifying prior State and Territory requirements....

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Editorial

Is any sensible financial planning principal capable of resisting the offer of up to $1 million to change dealer groups and/or corporate allegiance?...

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Editorial

Although revenues continue to trend down, financial planning practice operating profitability has actually risen in the past year, while advisers also indicate they are o...

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Financial planning

A number of recent high profile executive departures reflect the current economic environment and cost-cutting measures being undertaken across financial services and ban...

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Superannuation

ASIC has confirmed the degree to which superannuation trustees can now provide non-licensed advice around super forecasts and retirement estimates....

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Financial planning

Peter Daly said he was somewhat surprised and 'deeply disappointed' as he departs his role as chief executive and managing director of the Australian Financial Services G...

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Financial planning

Investors are being warned by the Australian Securities and Investments Commission of a Gold Coast based unlicensed financial services business operating under the name o...

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Financial planning

The Australian financial services system is in danger of being unable to comply with the new foreign tax compliance system proposed by the United States, according to the...

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Financial planning

Professional indemnity insurance premiums for planning practices are up 30 per cent from last year, according to Alexis Insurance Brokers principal Christina Kalantzis....

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Financial planning

An increase in ASIC funding to aid the implementation of the FOFA reforms will be partly paid for by an increase in fees charged to AFSL holders....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 5 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 3 days ago