asic

Consumers engaging directly with their super fund on insurance matters are often left confused and overwhelmed by the information provided and upset they cannot get guidance specific to their circumstances, an ASIC report shows. A third of unadvised ... More

A lot has been said in recent months about the spike in retail (smaller) investors who are trading shares on the ASX and other exchanges overseas. The COVID-19 pandemic and its impact on sharemarkets has no doubt presented smaller investors with daily ... More

When Mary* was diagnosed with multiple sclerosis (MS) she found herself facing a lot of uncertainties. Not least of all, Mary wondered how she would make ends meet long-term. At the time, she was working for the Commonwealth Bank and commuting into ... More

Insider trading could be the devil lying in wait during this coronavirus pandemic. The U.S. Securities and Exchange Commission (SEC) and the European Security and Markets Authority both issued warnings earlier this year of trading that leverages coronavirus ... More

The regulator ASIC is warning retail (smaller) investors to be cautious when investing in fixed-term products that directly compare themselves to bank term deposits. It is seeing a surge in marketing and advertisements for fixed-term investment products ... More

Embattled celebrity financial adviser Sam Henderson is back in the spotlight for the wrong reasons after being charged with dishonest conduct and providing disclosure documents known to be defective. The charges come off the back of an investigation ... More

Investments aren't always what's advertised on the box, the Australian Securities and Investment Commission has warned investors. The regulator has received reports of fixed-income products that are advertised as term deposit alternatives or substitutes ... More

The red line between telephone marketing and personal financial advice has been clarified by the Federal Court, after it sided with ASIC's claim that Westpac deliberately used telephone marketing to persuade customers to consolidate their superannuation ... More

Regulator ASIC is warning car insurers they can do better when it comes to investigating consumer claims. An ASIC review of 1.6 million car insurance claims in the 12 months to September 2017 and interviews with more than 50 consumers suggest insurers ... More