... subject to more scrutiny and increased competition that will challenge its ability to generate ever-increasing revenues. ASIC is looking at the BNPL area with a view to regulating it more, which I believe is long overdue with any increased regulation ...
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Showing 231 to 240 of 396 results for asic:
... repaid to OnePath Life customers More than 40,000 OnePath Life customers will be remediated up to $35 million dollars after ASIC found that the insurance company had hooked them using nefarious phone sales tactics. Those include pressure selling tactics ...
... returns. The remediation affects 32,000 customer accounts, according to the Australian Securities and Investment Commission (ASIC). It's believed as many as 328,000 potential corporate action notifications were not passed on to clients between 2005 ...
ASIC has permanently banned former Sentinel Wealth financial adviser Gavin Fineff, after he was charged with misappropriating between $3.3 and $5 million of client money. On May 7, Fineff was arrested and charged by New South Wales Police with 18 offences ...
... how to trade in leveraged markets, so they are abundantly clear about the risks of trading these products. While I applaud ASIC and the courts for their continued efforts in shutting down the bad apples in our industry, the responsibility firmly lies ...
... Commonwealth Director of Public Prosecutions has filed criminal charges against ME Bank over its redraw clawback, following an ASIC investigation. The ASIC report claims ME Bank breached the Credit Act by failing to notify customers at least 20 days ...
ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries ...
... charges. Instead, late payment fees apply - and they're certainly hitting the hip pocket of some BNPL users. Money watchdog ASIC found one in five consumers are missing payments. In 2018/19 that saw BNPL users fork out over $43 million in late fees ...
... The whole episode shouldn't come as a surprise. A 2019 report from the Australian Securities and Investment Commission (ASIC) found that 31% of us get financial advice from friends and family. There is a good end to this story - both mother and brother ...
... provide advice and are listed on the financial adviser register of the Australian Securities and Investments Commission (ASIC). This latter aspect is important because advisers listed on the register must meet professional education and experience standards ...
