ASIC – Page 4 – The Inside Adviser

Is affordable advice possible post the Royal Commission?

November 25, 2020 by Ishan Dan

The Banking Royal Commission was a watershed moment for the financial advising industry, and almost two years on, has there been change? In one word, yes. Too much change. So...

Advice regulation evolving before our eyes

November 25, 2020 by The Inside Adviser

It's been a busy few years for the financial advice industry and its regulators, including the Australian Securities and Investments Commission (ASIC). Yet if the past week is anything to...

SMSFs cheaper to run than ASIC says

November 23, 2020 by Greg Bright

SMSFs are not as expensive to operate as many, including ASIC and the Productivity Commission, have led us to believe, according to a report by consulting actuaries Rice Warner, and...

Advisers should expect more changes with insurance

November 12, 2020 by Greg Bright

For many advisers, life insurance is an important part of their income. But unless the insurance sector changes its business lines, particularly with troublesome income protection products, they will all...

Retail investors smarter than you think

November 9, 2020 by Greg Bright

New retail investors entered the sharemarket in droves over the first six months of the pandemic's impact. Contrary to widely held views, for the most part, on average, they did...

Tesla among six new stocks added to the Chi-x TraCRs platform

November 2, 2020 by Ishan Dan

Investors are piling into COVID-hit international companies amid a share trading boom. According to ASIC's analysis of trading volumes during the COVID period, share trading volumes among retail investors have...

Plans for a simpler, cheaper advice system

October 22, 2020 by Greg Bright

The Financial Services Council (FSC) is to now prepare a policy discussion (a 'green paper') for the industry and government, to be delivered in 2021, following the release of a...

Advisers inundated with early release super enquiries

May 6, 2020 by Contributor

Strongly divided views about the wisdom of using the early release from superannuation have prompted large numbers of fund members to seek the advice of financial planners. Losing insurance cover,...