ASIC bans SMSF adviserTHURSDAY, 21 JUL 2005 9:01AMThe Australian Securities and Investments Commission (ASIC) has moved to shut down a self managed super fund adviser after it was found the adviser had conducted business without an Australian financial services licence (AFSL) and provided misleading advice to consumers about rolling their superannuation entitlements into self managed superannuation funds (SMSF). |
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FAAA says super trustees should stump up for CSLR
The Financial Advice Association Australia (FAAA) has called on Treasury to cut the Compensation Scheme of Last Resort (CSLR) special levy on the advice sector to zero and for superannuation trustees to stump up for the scheme.
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HESTA has named a pair of general managers, who will be joining the $107 billion super fund, joining from Aware Super and QIC.
ASIC issues more stop orders amid private credit crackdown
ASIC has issued another stop order on a PDS offering units in three registered managed investment schemes.
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The Life Code Compliance Committee has published its FY26 annual report, which saw over 10,600 breaches by insurers with close to 30,000 customers affected.
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Cliff Man
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ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
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