Regulation

The big four banks and AMP have paid an additional $21.4 million in compensation to the clients who were found...

ASIC has accepted an enforceable undertaking from the directors of Sydney-based One Investment Group for being “materially misleading” in their application...

The government has revealed the nine experts who will advise Treasury on the development of a retirement income product framework.

New ASIC chairman James Shipton has outlined some of his top priorities, including professionalism within financial advice and a continuation...

Only half of the six major Australian credit ratings agency boards are demonstrating proper engagement with compliance matters, ASIC has...

Legislation to establish the one-stop shop dispute resolution body, the Australian Financial Complaints Authority, has passed the Senate.

Commissioner Kenneth Hayne QC has confirmed he will take a very dim view of institutions that seek “legal redress” against...

Court-ordered debts of violent criminals could soon be paid out of their superannuation, but IOOF says the idea will need...

The Productivity Commission has released a damning report about the lack of competition within Australia’s financial system, recommending a regulatory overhaul of...

Insurance company ClearView will refund $1.5 million to 16,000 customers for using “unfair and high-pressure” life insurance sales practices.