... made up of the explicit headline fees plus any indirect costs such as investment manager charges. The financial regulator ASIC is concerned that funds may not be declaring the full value of these below-the-surface costs and is introducing new rules ...
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... questions before handing over any money to invest in shipping containers: Is the business registered with the investment watchdog ASIC? If it's not, you may not be protected by Australian law. How long has the company been around? Have you spoken ...
... need to watch out for land banking schemes, as people have been burnt by developers and promoters selling blocks of land. ASIC warns that the schemes are often unregulated and investors have little protection if something goes wrong. Visit moneysmart.gov.au ...
... companies list before you take them seriously. If it's a government body that doesn't sound legitimate, you can also check ASIC's list of fake regulators and exchanges. If the name isn't on the list, you can search for the company on ASIC's professional ...
... who were mis-sold add-on insurance, including consumer credit insurance, Australian Securities and Investments Commission (ASIC) recently announced. It has been a long time coming, and there may be more announcements on the way. If you've taken out credit ...
... of a trade-in. This means you're borrowing a smaller amount compared to the value of the car." The corporate watchdog ASIC says it's a good idea to know what's on your credit report. "You are entitled to check your credit report for free ...
... renters with how much rental supply is actually available to them. The Australian Securities and Investments Commission (ASIC) has some useful information on its website about buying an investment property. Among other things, ASIC advises the following ...
... cut spending. Kelly O'Dwyer, our Minister for Revenue and Financial Services, Greg Medcraft, the chairman of our regulator ASIC and I were in Canberra earlier this year to launch the updated National Financial Literacy strategy and to give a briefing ...
... that plagued the sector. Formal complaints lodged with the Financial Planning Association (FPA) and the industry regulator, ASIC, have also been up in recent years. There's clearly a lot more to rigorously pressure-testing financial advisers than ...
... to respond to financial questions. But, with one in five ranked as a low performer, there is still work to be done, says ASIC Deputy Chair Peter Kell. "While this is better than the OECD average of 22%, it indicates that there is more to be done in Australia ...
