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Regulatory

Margin lenders tighten policies after ASIC review

MARK SMITH  |  FRIDAY, 22 JAN 2016
One provider has stopped offering double geared margin loans following an Australian Securities and Investments (ASIC) review.

Super's purpose under further scrutiny

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
The immediate need for a definition of superannuation to be enshrined in federal legislation is becoming clear as more ideas are floated about how to best use the savings pool.

United approach to super fund disclosure: AVCAL

DARREN SNYDER  |  THURSDAY, 21 JAN 2016
The Australian Private Equity and Venture Capital Association (AVCAL) is calling for financial services regulators and administrators to coordinate their data on superannuation fund investments as a way of streamlining overlaps in reporting and disclosure ...

ASIC accepts ClearView adviser EU

ALEX BURKE  |  WEDNESDAY, 20 JAN 2016
ASIC has accepted an enforceable undertaking from a ClearView Financial Advice representative.

ASIC bans former Macquarie planner

ALEX BURKE  |  TUESDAY, 19 JAN 2016
ASIC has given a former Macquarie Equities employee a three-year ban.

Adviser pleads guilty following ASIC sting

ALEX BURKE  |  FRIDAY, 15 JAN 2016
A former financial adviser has pleaded guilty in the Maroochydore Magistrates Court to dishonest conduct following an ASIC investigation.

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test.

ASIC hits ex-ANZ adviser with ban

ALEX BURKE  |  THURSDAY, 14 JAN 2016
ASIC has banned a former ANZ bank adviser for 10 years.

Challenger partners Financial Standard for 2016 Technical Services Forum

MARK SMITH  |  MONDAY, 11 JAN 2016
Financial Standard has partnered with investment specialist, Challenger, to launch the Challenger Financial Standard Technical Services Forum.

Adviser standards need a tidy

DARREN SNYDER  |  MONDAY, 11 JAN 2016
The Association of Superannuation Funds of Australia (ASFA) believes it is not clear how proposed education and training requirements for financial advisers would apply to robo-advice.