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Showing 51 - 60 of 70 results for "ASIC Report"

Senate Committee forced to delay tabling of ASIC report

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
A significant late communication from Commonwealth Bank has forced the Senate Economics Committee to delay the tabling of the report into the Australian Securities and Investments Commission (ASIC). The committee's chair Mark Bishop said on Twitter ...

Charterhill assets frozen

HARRY PAGE  |  THURSDAY, 6 FEB 2014
... Charterhill group. Recently, the quality of advice given by SMSF professionals has not been up to scratch according to an ASIC report. "The decision to establish an SMSF is one of the most significant steps an investor can take in relation to their retirement ...

ASIC reports drop in financial services insolvencies

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
The number of financial and insurance services (FIS) companies going into external administration in the 2012-13 financial year fell modestly compared to the previous year, according to new figures released by the Australian Securities and Investments ...

Hedge fund maestro Hintze voices concern over regulation

MARK SMITH  |  THURSDAY, 12 SEP 2013
... mounted pressure on hedge funds to improve disclosure and justify their place in the investment universe. But a recent ASIC report concluded that the hedge fund industry, which many still blame for exacerbating the financial crisis, currently poses no ...

ASIC finds hedge funds pose no systemic risk

MARK SMITH  |  TUESDAY, 10 SEP 2013
Australian hedge funds do not currently pose a systemic risk to the Australian financial system, a new ASIC report has found. The regulator also found that qualifying hedge funds in the survey also use low leverage and appear to have adequate liquidity ...

ASIC raises red flag on capital protected products

LAURA MILLAN  |  THURSDAY, 2 MAY 2013
... unlisted retail structured products that are being promoted as having "capital protection" or a "capital guarantee". An ASIC report noted that these are complex investments of which retail investors often have a poor understanding. The report highlights ...

One third of SMSF advice is poor: ASIC

ALEX DUNNIN  |  THURSDAY, 18 APR 2013
An ASIC report examining the quality of financial advice received by self managed super fund (SMSF) trustees and potential trustees has found that while most advice quality is adequate, there is a trend towards recommending SMSFs as the default solution. ...

ACSA lends weight to ASIC tech focus

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
... segregation and administration services, and implementing directions as requested - a point ACSA felt wasn't clear in the ASIC report. ACSA also reinforced its opposition to replacing the term 'custodian' with 'depository,' a move ASIC indicated it was ...

Flaws in advice system revealed by ASIC report

ELISE BURGESS  |  WEDNESDAY, 28 MAR 2012
The results of ASIC's shadow shopping research, which found only 3% of retirement advice was 'good', has revealed flaws in our current advice system, according to some industry figures. The Australian Securities and Investments Commission (ASIC) released ...

ASIC warns against security breaches

ELISE BURGESS  |  MONDAY, 23 JAN 2012
Online stockbroking firms have been warned to check their security after ASIC reported a number of account breaches. The Australian Securities and Investments Commission (ASIC) has informed online stockbroking firms to urgently review their account ...