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

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 2 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 2 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 2 weeks 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....

6 days 6 hours ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

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The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

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