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ASIC
SMSF
The regulator has been questioned by Senate as to why it failed to include a specific expert on self-managed superannuation funds in the Financial Services and Credit Pan...
Superannuation
Paul Kevin Bennetts has been banned from providing financial services for six years after asking a compliance officer to complete his Australian Institute of Company Dire...
Superannuation
The superannuation fund is the first licensee to have a civil penalty imposed for failing to report breaches to the corporate regulator since its new penalty powers were ...
SMSF
The corporate regulator has noticed an increase in marketing recommending Australians to switch to self-managed superannuation funds that invest in crypto, and has warned...
Superannuation
Part of the Royal Commission final report, former Commonwealth Bank subsidiary Avanteos has pleaded guilty to 18 criminal charges which included charging fees to deceased...
Expert Analysis
The asset servicing industry is simultaneously going through digitisation and digitalisation which will create new markets and products despite uncertainty about their ul...
Insurance
The corporate regulator alleges MLC Life Insurance, in some instances, failed to pay life insurance benefits, notify on premium rises or refund premiums, amongst other br...
Superannuation
The corporate regulator is seeking feedback on proposed updates to relief and guidance on its superannuation calculators and retirement forecasting tools....
SMSF
Self-managed super fund specialist advisers may play a critical role in assisting investors how to avoid cybercrime and investment scams, according to the SMSF Associatio...
Superannuation
The Federal Court has ordered Colonial First State Investments Limited to pay a penalty of $20 million for misleading communications with members. ...
Superannuation
The guidance offers advice on how employers can communicate with employees of fund choice, as well as guidance for trustees about the prohibition on using inducements to ...
Superannuation
Clients of a financial adviser being investigated by the corporate regulator for contravening the law were still being put into Diversa products while the investigation w...
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 ...