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Showing 1 - 10 of 17 results for "Investments Commissions"

Industry needs unified solution to insurance "failure": ASIC

LAURA MILLAN  |  THURSDAY, 23 OCT 2014
... fingers and create a unified response to address insurance sector failures, the Australian Securities and Investments Commissions (ASIC) deputy chair Peter Kell said "This needs a collective response to ensure that this unacceptable level of failure ...

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
... when he voluntarily cancelled it and refunded $100,000 to the investor. The Australian Securities and Investments Commissions (ASIC) brought the matter to the Perth District Court and Commissioner John Price said: "ASIC will ensure company directors ...

AIA pays advisers to move to hybrid commission

LAURA MILLAN  |  THURSDAY, 27 FEB 2014
... churn, although obviously, to a lesser extent than full upfront commissions." The Australian Securities and Investments Commissions (ASIC) recently asked insurance companies to provide data for an investigation on inappropriate insurance switching. "Given ...

ASIC questions SMSF advice in proposed guidance

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The Australian Securities and Investments Commissions (ASIC) has called into question the quality of advice given to self-managed superannuation funds (SMSF) investors in proposed guidance the regulator released today. "There is a need to improve the ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The first submissions to the Senate Economics Committee's inquiry into the Australian Securities and Investments Commissions (ASIC) performance have been made public. The Senate Committee has received at least four submissions and has made two of them ...

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
... Clearing & Settlement Services (CSS) has downsized its operations after the Australian Securities and Investments Commissions (ASIC) found it had failed to comply with conditions of its Australian Financial Services licence (AFSL). The Queensland-based ...

ISN submission targets advice requirement

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
... the issue with the Best Interest Duty proposal and the move to increase the Australian Securities and Investments Commissions (ASIC) powers.

ASX grants Chi-X access to TAS

ELISE BURGESS  |  TUESDAY, 21 JUN 2011
... The ASX introduced TAS in March as a second equity trading market after the Australian Securities and Investments Commissions (ASIC) said Chi-X Global, a Tokyo-based market operator, was allowed to enter the Australian market later this year and offer ...

ASIC fee changes

ELISE BURGESS  |  MONDAY, 20 JUN 2011
Financial services companies will face higher fees from the Australian Securities and Investments Commissions (ASIC) from July 1 based on the March quarter Consumer Price Index. Starting in the new financial year, any application to register an Australian ...

Proposed tough planner rules

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
... harsher penalties should be introduced for financial planners which regulator, Australia Securities and Investments Commissions (ASIC), believe are acting in a way not in the interest of their clients. Increasing the impact and reach of ASIC to combat ...
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