News : ASIC

ASIC cancels licence of SMSF advice group

June 30, 2020

ASIC has cancelled the licence of a now-liquidated Queensland-based advice group that offered SMSF advice and services to clients.

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ASIC, Financial Planning

ASIC to sharply hike adviser levies

June 15, 2020

Tharshini Ashokan

ASIC has called for feedback on changes to its industry-based funding as it proposes a substantial increase in levies for financial advisers.

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ASIC, Financial Planning

Henderson charged with dishonest conduct

June 10, 2020

Jason Spits

A banned financial adviser who was the subject of scrutiny at the financial services royal commission will face charges related to misrepresenting his qualifications to give advice.

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ASIC

Adviser banned for blanket LRBA advice

May 26, 2020

Jason Spits

ASIC has banned a former representative of Spectrum Wealth Advisers after he gave LRBA and SMSF advice that was inappropriate to client needs.

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ASIC

ASIC permanently bans SMSF adviser

April 30, 2020

Tharshini Ashokan

ASIC has permanently banned an ACT-based SMSF adviser from providing financial services as a result of not considering the best interests of clients.

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ASIC, Auditing

ASIC disqualifies four SMSF auditors

April 22, 2020

Tharshini Ashokan

ASIC has disqualified four SMSF auditors and suspended two more as part of ongoing action against SMSF auditor misconduct.

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ASIC

Govt welcomes new ASIC relief measures

April 15, 2020

Tharshini Ashokan

ASIC’s new temporary relief measures to assist the financial advice industry during the COVID-19 pandemic have been welcomed by a senior government minister.

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ASIC, Financial Planning

Early access advice simplified

April 14, 2020

Tharshini Ashokan

ASIC has announced temporary relief measures to assist the financial advice industry during the COVID-19 pandemic, including relaxed rules around the provision of advice.

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ASIC