Chris Lisica

ASIC Report into financial advisers

As part of its Wealth Management Project, Australian Securities and Investments Commission (ASIC) has released its report into how effectively Australia’s largest financial institutions oversee their financial advisers. The report is based on a 20-month project instigated by information received by ASIC about non-compliant advice, as well as public concerns about wider problems in large advice firms. The full report is structured in three key phases and can be accessed here. Phase 1: How the …

ASIC Report into financial advisers Read More »