Page 9 - Danielle Press News Today

The Australian Securities and Investments Commission (ASIC) has warned brokers to be careful about or reconsider offering high-risk products and services to retail investors.

Superannuation trustees have been told to review their target market determinations with a recent review identifying poor practices. In a recent update, ASIC has called on superannuation trustees to

Financial advice practices should consider outsourcing their cyber security risks, a local CEO has advocated. Virtual Business Partners head David Carney has called for better management of cyber se

The corporate watchdog has issued a call out to superannuation trustees. ASIC has called on superannuation trustees to improve the effectiveness of target market determinations (TMD) after a sample r

The Australian Securities and Investments Commission is calling on superannuation trustees to improve the effectiveness of target market determinations after a sample review of trustee compliance found some poor practices.

ASIC is calling on superannuation trustees to review and improve the effectiveness of target market determinations (TMD) for their products.

The corporate watchdog has issued a call out to superannuation trustees. ASIC has called on superannuation trustees to improve the effectiveness of target market determinations (TMD) after a sample r

After reviewing a sample of super fund target market determinations the regulator has deemed many to be ineffective.

Superannuation trustees are being urged to review their internal dispute resolution arrangements after the first stage of an ASIC surveillance found indicators of significant compliance issues.

An analysis of close to 50,000 complaints made to super funds has found some trustees are failing to adequately record and respond to member complaints, including some not being responded to at all.