Financial product advertising and the quality of advice remain on the radar of the Australian Securities and Investments Commission (ASIC).

The corporate regulator’s latest enforcement report says future areas of focus include the way listed companies treat confidential information, and manipulation of financial benchmarks.

In the six months to June 30 ASIC recorded 256 enforcements.

Virgin Money paid penalties of $30,600 after ASIC issued three infringement notices for misleading online and TV advertising of life insurance.

ASIC says NSW broker WD Gelle Insurance & Finance Brokers had its Australian financial services licence cancelled after the regulator found client money had not been forwarded in full to insurers.