regulation

Financial planning

Industry funds pursue advice modelling unconstrained by regulation

What would financial advice look like if it was unconstrained by the existing regulatory regime? The industry funds want to find out....

Editorial

Successive Govts have failed on financial planning regulation

If financial advice is to be made more affordable, the layer upon layer of financial planning regulation needs to be stripped back and the Australian Securities and Inves...

Funds management

DM and EM tech detracts from Antipodes’ performance

Antipodes is questioning the future growth of technology firms Alibaba and Facebook as both firms come under regulatory scrutiny. ...

Policy & Regulation

How much use is an AFCA review without discussion of broader costs?

The Federal Government has acted to initiate the scheduled review of the Australian Financial Complaints Authority but its terms of reference will not specifically touch ...

Policy & Regulation

ASIC asserts its reach into superannuation

On the eve of a major superannuation conference, the Australian Securities and Investments Commission has reminded superannuation fund trustees the degree to which they w...

Financial planning

Stop prioritising compliance over client needs says SMSF Association

The current regulatory regime around financial planning is driving up costs by prioritising compliance and the needs of licensees over those of consumers, according to th...

Financial planning

Regulation changes named one of top business risks in Australia

Changes in legislation and regulation have been named as the one of the top business risks in Australia although the COVID-19 pandemic still remains people’s biggest worr...

Financial planning

Central message to ASIC: Give us regulatory consistency

Regulatory consistency represents one of the keys to financial advisers being able to deliver affordable advice according to key submissions filed with the Australian Sec...

Funds management

BNP Paribas Securities Services expands initial margin services

The expansion will help financial institutions in Asia Pacific to manage initial margin requirements that are gradually coming into force. ...

Policy & Regulation

AFA wants greater oversight of ASIC funding

The funding of consumer submissions by the Australian Securities and Investments Commission’s Consumer Advisory Panel warrants greater scrutiny of the regulator and its a...

Policy & Regulation

ASIC warns of ‘significant escalation’ in unlicensed advice

The Australian Securities and Investments Commission has seen a “significant escalation” in complaints about unlicensed operators providing financial product advice witho...

Policy & Regulation

Illegal Chinese activity lands derivatives provider in court

The corporate regulator has commenced proceedings against Sydney-based derivatives provider Union Standard International Group over illegal Chinese activities....

Financial planning

FPA urges imposition of regulatory requirements on 'strategic advice'

Advisers providing "strategic advice” or financial coaching should be subject to the same regulatory obligations as other advisers, according to the Financial Planning As...

Editorial

ASIC needs to be a regulator, not a revenue centre

The standing aside of Australian Securities and Investments Commission chair, James Shipton, points to fundamental issues with respect to the regulator....

Policy & Regulation

Craig Gore found guilty of six counts of fraud

The Queensland property developer has been found guilty of six counts of self-managed super fund fraud totalling $345,000, having initially arrested back in 2017....