Use of restricted terminology by financial advisers – ASIC strikes again!


Posted By on 17/08/18

The Australian Securities and Investments Commission (ASIC) is continuing in its relentless drive to raise standards in the Australian financial advice industry, with its recent action to require a number of financial advisory outfits to retract claims of “independence”. Restricted terminology Under the Corporations Act 2001 (Cth) (the Corporations Act) and other laws, entities are … Read more