ASIC: super trustees need to step up efforts

ASIC: super trustees need to step up efforts

ASIC has called on super trustees to step up efforts in the areas of dealing with member money and consolidating duplicate accounts. In recent media releases, ASIC has called on superannuation trustees to step up efforts in the areas of appropriately dealing with...
MBR program abandoned

MBR program abandoned

After the recent release of a review, the MBR program has been scrapped by the government due to cost blowouts. The Modernising Business Registers (MBR) program was initiated by the previous government in 2019 with the aim of transforming the company, business and...
Update to the Financial Advisers Register

Update to the Financial Advisers Register

In another boon for consumers, ASIC’s Financial Advisers Register will soon feature information on whether a financial adviser can provide tax (financial) advice. Consumers could soon find out whether their financial adviser can provide tax (financial) advice through...
ASIC focus on super complaints handling

ASIC focus on super complaints handling

ASIC’s recent surveillance of superannuation trustees found some significant issues with complaints handling. The Australian Securities and Investments Commission (ASIC) is the body responsible for overseeing the operation of Australia’s financial services dispute...