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ENFORCEABLE UNDERTAKING
Financial planning
The Australian Prudential Regulation Authority has signalled that it is continuing to investigate the actions of individuals involved in a transaction undertaken by Zuric...
Financial planning
Many financial planners are declining to make superannuation switching recommendations due to a dearth of available research into individual funds, particularly industry ...
Financial planning
AMP Financial Planning has revealed it considered a legal challenge over the post shadow shopping investigation by ASIC that resulted in an enforceable undertaking, but d...
Financial planning
AMP Financial Planning does not expect to determine immediately the effect of its enforceable undertaking to the corporate regulator, but has put procedures in place to r...
Financial planning
Corporate superannuation has emerged as a stand-out performer for AMP in its half-year results with the big financial services house announcing a 220 per cent increase in...
Financial planning
The Financial Planning Association is to investigate the circumstances surrounding the enforceable undertaking provided by AMP Financial Planning to the Australian Securi...
Financial planning
AMP Financial Planning’s director of advice-based distribution Steve Helmich has stepped aside as chairman of the FPA’s professional standards and ethics committee while ...
Financial planning
AMP Financial Planning has given the Australian Securities and Investments Commission an enforceable undertaking relating to the provision of superannuation switching adv...
Financial planning
A superannuation fund auditor who issued unqualified audit reports has given an enforceable undertaking to the APRA....
Financial planning
APRA and ASIC will jointly release an industry best practice guide on unit pricing within the next three weeks....
Financial planning
150,000 of fund manager ING Australia’s clients are to be reimbursed an average of just under $100 each after the discovery of unit pricing errors in their life insurance...
Financial planning
An industry fund which claimed its members would be more than $200,000 better off than those in retail super funds has agreed to an enforceable undertaking after concerns...
Financial planning
AXA Australia will pay an extra $10 million to members of its staff superannuation fund, after complaints from employees lead to an investigation by both the Australian S...
Financial planning
The Australian Securities and Investments Commission has accepted an enforceable undertaking from an Adelaide man who contravened the Corporations Act when he made unsoli...
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This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...