warren day

People & Products

ASIC announces senior executive leadership exits

ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team....

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

Why penalties can’t fund the ASIC levy

If the corporate regulator had funds awarded by penalties put into the financial advice levy it could look like a new revenue stream aimed at players with deep pockets....

Financial planning

Scams on the rise

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

Superannuation

AAT decision puts past offenders on notice

The Administrative Appeals Tribunal has upheld a decision to refuse Superannuation Warehouse’s application for a limited Australian financial services licence, after its ...

Policy & Regulation

When being a chartered accountant is not enough

Having an unblemished record as a chartered accountant is not justification in itself for being granted an Australian Financial Services License, according to the Adminis...