The Federal Court has made orders by consent to wind up Western Australian company Superfunded, following an application from ASIC to appoint a liquidator last month....

The Australian Securities and Investments Commission has admitted that negative feedback from superannuation funds and lobby groups persuaded it to place the implementati...

Insurers and other members of the Financial Services Council might have to train thousands of managers and supervisors if the Government widens the scope of those eligibl...

The Federal Government has been urged to ensure grandfathering for existing annuities holders if it implements changes to the Age Pension means testing rules....

ASIC has permanently banned a New South Wales financial adviser from providing financial advice, following a finding that he dishonestly charged clients almost $67,000 in...

The Federal Treasurer, Scott Morrison, has cited the impending passage of the Bank Executive Accountability Regime when discussing the appointment of a new Commonwealth B...

The Fold Legal has proposed that the definition of control under the Corporations Act be restricted, despite an Australian Securities and Investments Commission taskforce...

Australian banks may be particularly susceptible to fake news because of the negative perceptions already existing amongst consumers....

Ten per cent of advice files from the major banks and AMP sampled by the Australian Securities and Investments Commission proved to be of significant concern....

While funds are complying with the Australian Securities and Investments Commission’s requirements for fee disclosure in product disclosure statements, they are providing...

Financial services firms need to prepare evidence early and consider their policies and procedures ahead of the Royal Commission into misconduct in the banking, superannu...

Kimberley Holgate has been banned from providing financial services for five years by the Australian Securities and Investments Commission, following a finding by the reg...

Suncorp and Allianz have been obliged to make refunds to customers worth millions of dollars after being found to have offered so-called ‘add-on’ insurance of little or n...

Superannuation funds and other financial services organisations will have to account for the decade starting 1 January, 2008, as they seek to address pointed questioning ...