TMD

Funds management

The order for Vasco’s Pivotal Diversified Fund stemmed from concerns regarding the deficiencies in the target market determination of the fund. ...

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Funds management

ASIC has commenced its first civil penalty action against a distributor of financial products in the Federal Court for alleged breaches of the design and distribution obl...

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Funds management

ASIC has placed interim stop orders on four funds from two companies, taking the number of orders to more than 20 to date under the design and distribution obligations....

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Funds management

ASIC has issued interim stop orders for Perpetual Investment Management to prevent the firm from distributing two funds to retail investors. ...

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Financial planning

Having already enacted 11 interim stop orders regarding target market determinations, the industry should not expect ASIC to slow down and using templates could be one ca...

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Funds management

ASIC has made interim stop orders against three crypto funds from Holon Investments Australia....

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Policy & Regulation

The corporate regulator has made an interim stop order on a fund investing in shopping centres because of a non-compliant target market determination....

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Funds management

ASIC has made interim stop orders on two property funds after failings with their target market determination statements....

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People & Products

The new tool will aim to provide ability target market determinations, ahead of the design and distribution obligations legislation. ...

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Life/Risk

While the new design and distribution obligations for retail insurance products will impact insurers more, sellers of retail insurance products will still see some new re...

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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