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Former adviser cops eight-year banBY KARREN VERGARA | THURSDAY, 6 MAY 2021 12:06PM
A former ANZ and Infocus Securities financial adviser has been banned for eight years after ASIC found evidence of forgery and falsifying documents.Read more: ASIC, ANZ, Infocus Securities, Ahmed Saad, Lisa Lee, Administrative Appeals Tribunal, Andrew Hills, Aon Hewitt, Aon Master Trust Members, Apogee Financial Planning, Disqualified Persons Register, MLC Super Fund, Nulis Nominees Australia
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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