SCAMS

Financial planning

ASIC has been granted permission to shut down almost 100 websites running investment scams, with the Federal Court describing how its victims were “fattened like pigs to ...

Financial planning

The corporate regulator has taken down over 7,300 phishing and investment scam websites in the past year, with this area remaining a core strategic priority for ASIC....

Financial planning

The corporate regulator has issued a warning that its logo is being misused to perpetuate a social media scam promoting fake investments....

Funds management

Noting suspicious ‘investment opportunities’ offered by the Hong Kong-based asset manager, the corporate regulator has raised concerns for local consumers invested in the...

Policy & Regulation

The National Anti-Scam Centre’s new investment scam fusion cell, led by Australia’s corporate and competition regulators, will be initially set up for six months. ...

Funds management

A Sydney man permanently banned by ASIC and jailed for a Ponzi scheme allegedly duped former NRL player Jarryd Hayne out of $780,000 while the pair were in jail together....

Financial planning

The latest Targeting Scams report has revealed Australians lost over $1.5 billion in investment scams in 2022, with the number targeted for investment scams via social me...

People & Products

Practifi has launched a cybersecurity product for Australian advisers in light of the increased risk of hacking....

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Financial planning

The Australian Securities and Investments Commission has warned investors of a rise in imposter bond scams. ...

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Financial planning

ASIC has seen a 20% rise in the number of investment scam reports during the COVID-19 pandemic, compared the same timeframe last year....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago