New ASIC Chair

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ASIC Chair Joe Longo has welcomed the appointment of Sarah Court as the agency’s incoming Chair. Mr Longo said Ms Court would bring deep regulatory expertise to the role from... Read more continue reading

ASIC renews guidance on managing conflicts of interest in financial services

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ASIC has updated its regulatory guidance on managing conflicts of interest for Australian financial services businesses. The changes align our guidance with developments in law and policy and draw on... Read more continue reading

ASIC private credit oversight welcome

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The increased regulatory oversight by the Australian Securities and Investments Commission (ASIC) should not scare investors away from private credit but give them more confidence in the product – it remains an attractive... Read more continue reading

Super trustees urged to accelerate progress on retirement support for members

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ASIC and APRA have jointly released the 2025 Retirement Income Covenant (RIC) Pulse Check report, which assesses the progress trustees have made in developing retirement income strategies for Australians approaching... Read more continue reading

Australian financial services firms urged to lift vigilance as ‘perfect storm’ of compliance reforms looms in 2026

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Australian Financial Services Licensees (AFSLs) face a 12-month run up unlike any “business as usual” compliance cycle, with a convergence of hard reform deadlines, stepped-up penalty regimes and overlapping regulatory... Read more continue reading

ASIC announces 2026 enforcement priorities

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Private credit practices, financial reporting misconduct, insurance complaints and claims handling, and misleading pricing are among a range of new enforcement priorities ASIC has unveiled for 2026. ASIC Deputy Chair... Read more continue reading

VBP supports ASIC recommendations on outsourcing arrangements

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Outsourcing specialists, Vital Business Partners (VBP) has urged financial advice businesses to review their outsourcing arrangements to ensure adequate governance and risk management, following the Australian Securities and Investments Commission’s... Read more continue reading

ASIC report highlights private credit trap

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ASIC’s call-out around weaknesses in private credit fund governance and valuation practices has support from leading asset consultant Frontier Advisors. Frontier has provided its perspective following the release of ASIC’s... Read more continue reading

ASIC review raises fresh concerns over risks to retirement savings from poor SMSF advice

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Poor financial advice related to the establishment of self-managed super funds (SMSFs) could be putting some Australians’ retirement savings at risk, an ASIC review has found. ASIC’s risk-based review of... Read more continue reading

CPD: DDO wake-up call – what ASIC crackdown means for advisers

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For legislation pigeonholed by many observers as being ‘all about product manufacturers’, the Design and Distribution Obligations (DDO) laws certainly have a knack of worming their way into financial advisers’... Read more continue reading