News : ASIC

ASIC, financial advice

ASIC to review SMSF advice

ASIC SMSF establishment Financial advice Review Information Sheet 274

ASIC will conduct a review of SMSF advice with a particular focus on how advisers are meeting their obligations under guidance released in late 2022.

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ASIC, ATO, Auditing, Compliance

ATO clear on audit compliance expectations

SMSF auditors ATO ASIC QC 45566 Compliance

The ATO is taking a strong approach to compliance by SMSF auditors and has provided clear guidance on what it expects them to do.

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ASIC, Auditing, Compliance, SMSF

ASIC sanctions nine SMSF auditors

SMSF auditors ASIC Disqualification Compliance

ASIC has taken action to remove seven SMSF auditors from practice and imposed conditions on two more practitioners after referrals from the ATO.

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ASIC, Compliance, SMSF

SMSF investment firm to be wound up

SMSF investment firm Brite Advisors ASIC Federal court wind-up

The Federal Court has ordered the winding up of an investment firm offering services to SMSF and pension scheme members in four countries amid concerns over missing assets.

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ASIC

Alleged SMSF scammers face court

ASIC SMSF scam fraud proceeds of crime

Two Victorian men have been charged with fraud and dealing with the proceeds of crime after an ASIC investigation into an alleged SMSF scam.

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ASIC, Regulation

SMSF investment firm director charged

ASIC Aryn Hala A One Multi crypto SMSF Rollover

The former director of an unlicensed financial services business who convinced investors to transfer their retirement savings into an SMSF has been charged with nine offences.

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ASIC, financial advice

Exam changes to be implemented

ASIC Financial adviser exam

Changes to the content of the financial adviser exam proposed by the government will go ahead and apply to the next sitting in March.

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ASIC, financial advice

Adviser registration deadline extended

ASIC registration Deadline Extension Financial advisers

ASIC has given a final deadline extension deadline for adviser registration to avoid the end of the summer holiday period.

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ASIC, financial advice

Thousands of advisers still unregistered

ASIC Financial Advisers Register FAR Financial Advice Association Australia FAAA

Many financial advisers have yet to fulfil their requirement to register with ASIC, even though the final deadline for registration is just a little over two weeks away.

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ASIC, Compliance, financial advice

Ex-directors sanctioned for SMSF dishonesty

Mudasir Mohammed Naseeruddin Mark Andrew Cooper SMSF ASIC Banned

A former company director who persuaded investors to transfer their super into SMSFs to use the funds for his own benefit has been sentenced to jail, while another has been slapped with a ban.

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