PETER KELL

Financial planning

Regulator claims Macquarie Equities Limited (MEL) had “very poor” record keeping and lack of detail in its advice documents....

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Editorial

The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...

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Financial planning

Your Super Accountant has paid a $2040 infringement notice penalty in relation to potentially misleading statements about the cost of setting a self-managed superannuatio...

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Financial planning

Esuperfund Pty Ltd has paid $30,600 in penalties after ASIC issued three infringement notices in relation to “false or misleading” online advertising....

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Financial planning

Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....

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Life/Risk

Both APRA and ASIC express concerns at failure to learn lessons in life/risk sector....

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Superannuation

One of Australia’s regulators fears self-managed super funds could expose investors to inappropriate borrowing strategies, but doesn’t see a role for itself in guarding t...

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Financial planning

ASIC has cancelled the AFSLs of seven licensees who did not have adequate professional indemnity insurance....

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Financial planning

Queensland-based financial adviser, Thanh Quoc Tu, who misled clients, has been permanently banned from engaging in the provision of financial services by ASIC. ...

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Financial planning

ASIC has permanently banned former Victorian finance broker, Rudy Noel Frugtniet, from engaging in credit activities....

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Financial planning

A former WealthSure financial adviser has been jailed after transferring around half a million dollars out of clients’ accounts without their knowledge. ...

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Financial planning

CommFP counters claims by ASIC that it was not informed of key elements of client compensation arrangements...

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Financial planning

The Australian Securities and Investments Commission (ASIC) has permanently banned Victorian finance broker Kieu Thi-Thanh Huynh from carrying out credit activities after...

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Superannuation

ASIC declares it is taking a close look at one-stop shops seeking to traverse SMSF establishment and property investment. ...

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Life/Risk

Businesses that sell general or life insurance, or offer credit as an ‘add-on’ insurance offering, should be on guard as they come under ASIC scrutiny, a law firm warns....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 12 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

6 days 18 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 4 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 6 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

5 days 16 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days 19 hours ago