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Showing 151 - 160 of 1365 results for "Australian Securities and Investments Commission"

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
The Australian Securities and Investments Commission (ASIC) has continued its crackdown on self-managed superannuation fund (SMSF) auditors, disqualifying a third person in as many days. James Dermody of New South Wales is disqualified from being an ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
... to pass if they want to be on the register developed earlier this year by the Australian Securities and Investments Commission (ASIC). The Government is expected to introduce some draft legislation before the end of 2015 in order to implement these measures ...

ASIC sees potential for "large scale loss" in robo-advice

LAURA MILLAN  |  MONDAY, 23 NOV 2015
The Australian Securities and Investments Commission (ASIC) warned that a flaw in an algorithm could lead to "large scale loss" for clients of robo-advice systems. Speaking at the Financial Planning Association (FPA) Congress in Brisbane, ASIC senior ...

ASIC grilled on whistleblower compensation

LAURA MILLAN  |  MONDAY, 9 NOV 2015
... agenda after the Senate Economics Committee grilled representatives from the Australian Securities and Investments Commission (ASIC). At the latest Senate Economics Committee hearing, Nationals' Senator John Williams asked: "I think our treatment of ...

ASIC sets up special robo-advice taskforce

LAURA MILLAN  |  FRIDAY, 6 NOV 2015
The Australian Securities and Investments Commission (ASIC) has set up an internal robo-advice taskforce that will monitor developments in digital advice. The taskforce will focus on studying how robo-advice providers comply with the best interests ...

Class amends IPO after AMP acquisitions

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
... Exchange (ASX). It is expected the supplementary prospectus will be lodged with the Australian Securities and Investments Commission by Friday, 6 November 2015. During this time applications for shares under the original prospectus will be temporarily ...

Macquarie set to pay $14m to advice clients

LAURA MILLAN  |  MONDAY, 2 NOV 2015
... compensation. Macquarie Group confirmed that the enforceable undertaking dictated by the Australian Securities and Investments Commission (ASIC) to the group's advice arm has been completed. Out of the 1,165 cases where Macquarie initiated the review ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
The government has said it will grant the Australian Securities and Investments Commission (ASIC) additional powers to effectively regulate the financial services sector. More than 10 months after the release of FSI chairman David Murray's final report ...

CBA refunds $7.6 million to 8400 customers

DARREN SNYDER  |  MONDAY, 19 OCT 2015
... holders. The failure occurred over several years and CBA reported the matter to the Australian Securities and Investments Commission (ASIC) under its breach reporting obligations in the Corporations Act. The package was launched in 2005 but is no longer ...

CFAs told ASIC is for the consumer

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said the regulator has a significant number of individual surveillances underway at the big four banks, Macquarie and AMP. Speaking at the Chartered Financial Analyst (CFA) ...