unlicensed advice

Financial planning

ASIC’s ‘whack-a-mole’ problem with unlicensed advisers

ASIC’s Sarah Court has confirmed the regulator is carrying out systematic work on providers of unlicensed advice but admits it is a case of “whack-a-mole” when it comes t...

Financial planning

Crypto promoter pleads guilty to providing unlicensed financial services

An NSW individual has pleaded guilty to one criminal charge of providing unlicensed financial services after promoting crypto investments at national seminars....

Financial planning

Should ASIC have oversight on financial advice label?

A senator has asked whether the corporate regulator has any oversight to protect the financial advice industry in terms of media outlets mislabelling people as advisers g...

Policy & Regulation

Have politicians been guilty of providing unlicensed advice?

The Australian Securities and Investments Commission is again being asked whether politicians have been guilty of providing unlicensed advice over their urging of people ...