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Financial Planning

ASIC bans options broker and adviser for 5 years

BY AAP | FRIDAY, 1 OCT 2004 8:28AM

An unlicensed financial adviser and a former options broker have been banned from providing financial services for five years over a failed trading strategy that cost nearly 100 clients $15 million.

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Editor's Choice

IAG settles $2.8bn lawsuit with Credit Suisse

ELIZA BAVIN

IAG announced it has settled the lawsuit with Credit Suisse relating to the collapse of Greensill Capital.

VBP names inaugural chief growth officer

VINNY VUCAGO

Financial planning outsourcing specialist Vital Business Partners (VBP) has created a new executive role focused on expanding advice relationships, winning new clients and strengthening its offering to advice businesses and licensees.

Former BW Equities employee charged for misappropriating funds

MATTHEW WAI

A former employee of the Victorian boutique advice business has been arrested and charged for allegedly trading client's shares without consent that generated close to $500,000 for himself.

Super funds risk market concentration in US: Research

ELIZA BAVIN

While Australian equity markets have always had a concentration problem, it is now becoming more prominent in global markets too, according to Scientific Beta.

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