Thursday, October 18, 2018

Tag: ASIC

Aussie Regulator Commences Legal Action Against AMP Over Life Insurance ‘Rewriting’

Australia's corporate regulator, ASIC, has begun court proceedings against AMP Financial Planning (AMPFP) alleging some of its advisers engaged in conduct to rewrite life-insurance...

Aussie Regulator Says Life Insurance Commissions Will Remain

The head of Australia's corporate regulator ASIC has claimed a recent speech in which he called for the removal of commissions to avoid conflicts...

Australian Regulator Says Removal of Commissions Would End Conflicts of Interest

Australia's corporate regulator, the Australian Securities and Investments Commission (ASIC), has thrown its weight behind the total removal of conflicted remuneration, including commissions, stating there...

AMP Royal Commission Latest

AMP has rejected claims that it may have breached the Australian Corporations Act in its handling of an independent report into ‘fee for no...

Australian Regulator Claims Advice Not Yet a Profession

The financial advice sector in Australia has yet to reach the point that it may be considered a profession, despite containing some professionals within...