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Regulatory

Former Venture Egg adviser permanently banned

A financial adviser who allowed others to provide Statements of Advice (SOAs) in his name and was actively involved in the dodgy referral processes that led to significant client losses due to the Shield and First Guardian collapses is now banned.

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Read more: Venture EggASICFirst GuardianShieldAristotle PapapavlouConsilium AdviceDover Financial AdvisersHejaz Financial AdvisersInterprac Financial PlanningRoyal Commission