ASIC beefs up surveillance systemBY MARK SMITH | MONDAY, 25 NOV 2013 12:45PMNew upgrades to the Australian Securities and Exchange Commission's (ASIC) market surveillance system allowing the regulator to conduct multi-market supervision across futures and equities in real time are now operational. Related News |
Editor's Choice
IFM continues global infra drive with appointment, acquisition
|IFM Investors head of infrastructure for North America will retire following an 18-year tenure, with the investment company simultaneously announcing the acquisition of a majority stake in a UK-based company from Canadian Pension Plan Investments and OMERS.
ART rolls out new investment technology platform
|Australian Retirement Trust (ART) has launched a new portfolio management system as the $375 billion superannuation fund strengthens its investment capabilities targeting further growth.
Advised cover faces claims data test
|Group superannuation insurance appears to outperform individual advised cover on some claim's measures, raising questions about the value of advice when it comes to protecting clients against disability.
Trustees drop the ball on advice fee oversight
|In line with the government's push to tighten the gap in oversight on financial advice fee deductions from super funds, a solution provider is observing a spike in trustees reaching out for expertise, but highlighted the move is not to assess the quality of advice provided.
Further Reading
Products
Featured Profile

David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







lead to believe that we have a corporate watchdog called ASIC which is nothing more than a perception as there are far too many instances where they become aware of corporate crime but take no action as whether its a sophisticated investor or a mum and dad investor that loses their money they are treated no different to a punter going to the racetrack, casino or the poker machines at their local club or pub.