Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 793 results for "Banned"

ASIC bans two Sydney based advisers

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
ASIC has banned the directors of Premier Wealth Management from providing financial advice, while also stripping the firm of its AFS licence. The corporate regulator announced on Tuesday (December 14) it has banned Sydney-based financial advisers Gerald ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... state that they exclude controversial weapons, they do not include nuclear weapons as controversial despite also being banned by an international treaty. AustralianSuper, Aware Super, BT Funds Management, CareSuper, Cbus, Colonial First State, Commonwealth ...

LIC appoints former Wallaby as director

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... Australia. He also worked at Bell Potter Securities as managing director of corporate broking for seven years. In 2017, ASIC banned Poidevin for five years for partaking in trading DirectMoney shares that had the effect of creating an artificial price ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... executive director Peter Johnston said. "Why 'pop gun'? As with all other ASIC actions against banks, no person is ever banned [they run and hide in another department], ASIC get a headline, bank shareholders pay the fine and behaviour does not ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... customers without a policy; charging superannuation members insurance premiums that included a commission despite them being banned; inadequate fee disclosure across its now defunct advice licensees; continuing to charge fees on deregistered company ...

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... the effect of advice (clients becoming uninsured after closing their superannuation accounts). In 2017, ASIC permanently banned Fong from providing financial services or engaging in credit activities. Fong appealed ASIC's decision to the Administrative ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned him for 20 years.

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... conditional bail and has been committed to the Sydney District Court for sentencing on December 10. Nesseim was permanently banned from providing financial services in 2018 and later banned from engaging in credit activities in 2019. He previously ran ...

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned him for 20 years. On 19 April 2021, Mawhinney was ordered by the Federal Court to stop raising funds through financial products ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
The corporate regulator banned a Queensland-based financial adviser for three years after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been ...