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ASIC
Financial advice
The quality of advice provided by retail funds and industry funds have been found to be similar, according to the Australian Securities and Investments Commission....
Financial advice
Intra-fund advice fees will be rolled up into administration fees and costs and the Australian Securities and Investments Commission has foreshadowed moving on fees and c...
Superannuation
The chair of the Australian Securities and Investments Commission, James Shipton has declared the regulator treats industry and retail funds equally....
Insurance
CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....
Superannuation
In a bid to lift regulatory burden on super funds the two regulators are looking to share data for areas of common interest....
Superannuation
Only two industry superannuation funds have been served with Australian Securities and Investments Commission infringements since the start of 2013 and the combined amoun...
Superannuation
A superannuation fund has found itself in the Federal Court over Australian Securities and Investments Commission concerns about its use of a general advice model....
Expert Analysis
While ASIC’s TPD report is an important step to restoring consumer confidence there is still work to be done. ...
Superannuation
The Government has failed to deliver the necessary legislation and regulation to compel superannuation funds to publish their portfolio holdings meaning they will get a y...
SMSF
A key parliamentary committee chairman has challenged the Australian Securities and Investments Commission on whether it was trying to scare people with its self-managed ...
Insurance
ASIC has found that 60% of ‘activities of daily living’ claims are declined and AMP, Asteron, and Westpac had decline rates higher than expected....
Superannuation
Running a SMSF is $8,900 cheaper than what ASIC believes, according to the SMSF Association....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...