ASIC issues information for social media influencers and licensees

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ASIC has published an information sheet about discussing financial products and services online. It outlines how the law applies to social media influencers, and the licensees who use them. ASIC

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22 Mar 2022

ASIC helps young people Get Moneysmart

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57% of young people want to learn more about investing, 54% want to make the most of their money, and now, more than ever, young people are visiting ASIC’s Moneysmart

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21 Mar 2022

ASIC acts against SMSF auditors involved in reciprocal audit arrangements

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To help protect the integrity of self-managed superannuation fund (SMSFs) audits, ASIC has accepted voluntary cancellations or imposed conditions on the registration of a number of SMSF auditors. These auditors

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08 Mar 2022

ASIC consults on Financial Services and Credit Panel regulatory guidance

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ASIC has released Consultation Paper 359 Update to RG 263 Financial Services and Credit Panel (CP 359) seeking feedback on our proposed updates to Regulatory Guide 263 Financial Services and Credit Panel (RG 263). These updates

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03 Mar 2022

ASIC consults on proposals to remake PDS, superannuation dashboard and FSG legislative instruments

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ASIC is seeking industry feedback on proposals to remake relief contained in seven legislative instruments relating to specific financial services disclosure requirements through a consultation paper released today. Most of

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21 Feb 2022

ASIC consults on updates to relief for superannuation calculators and retirement estimates

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ASIC has released Consultation Paper 351 Superannuation forecasts: Update to superannuation calculators and estimates relief (CP 351) to seek stakeholder feedback on proposed updates to relief and guidance for superannuation forecasting

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22 Nov 2021

ASIC consults on consumer remediation draft guidance

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ASIC has released a draft updated and expanded regulatory guide to consult on the way licensees should conduct remediations to return money owed to consumers. The draft guidance is an

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19 Nov 2021

ASIC releases guidance and examples on records of advice

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ASIC has released an information sheet on records of advice (ROA) and three ROA examples to provide clarity to financial advisers and advice licensees on their obligations when using ROAs

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08 Nov 2021

Appointment of Kirsten Fish as ATO Second Commissioner

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As announced by the Assistant Treasurer, the Hon Michael Sukkar MP, the Australian Taxation Office (ATO) is pleased to confirm the appointment of Ms Kirsten Fish as a Second Commissioner

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02 Nov 2021

Surveillance of investment switching by super fund executives identifies concerns with trustees’ conflicts arrangements

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An ASIC surveillance about personal investment switching by directors and senior executives of superannuation trustees has identified concerns with trustees’ management of conflicts of interest. ASIC looked at a sample

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28 Oct 2021