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Showing 91 - 100 of 1230 results for "Appeal"

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... distinguish such warnings is necessary for those performing a role in a financial services business. Surtenich has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
BUSSQ has pulled the plug on its Federal Court appeal for a judicial review of APRA's additional licence conditions, caving to the regulator's edict. At the same time, APRA has tweaked the conditions it slapped on BUSSQ last August, which force ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... Shortland's imprisonment, and its AFSL was suspended in 2022 and then cancelled in March 2024. Shortland has the right to appeal to the Administrative Review Tribunal for a review of ASIC's decision.

Industry must do more to improve women's financial literacy: Fidelity

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
While women are increasingly aware of the importance of their financial wellbeing, only 16% have sought financial advice to achieve their goals. Fidelity's Next Generation research surveyed over 1000 Australian consumers aged 18 to 59 years old, highlighting ...

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Senator Andrew Bragg has questioned ASIC over how it handles investigations and proceedings against superannuation funds when it comes to claims handling delays. The back and forth with ASIC commissioner Simone Constant consisted largely of Constant ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... alternative means for disputing the licence conditions and that it was not a matter for the Federal Court," BUSSQ said. "The appeal is simply arguing that the Federal Court is the best place to hear the concerns of BUSSQ. If successful then the Federal ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... 2023, and was sentenced to 18 months' imprisonment on 5 September 2024. On October 3 in the same year, he sought leave to appeal in the Supreme Court of Victoria against the conviction and sentence, claiming there was a "miscarriage of justice and the ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... is also banned from engaging, controlling or performing any function of credit activities. King maintains the right to appeal to the Administrative Review Tribunal for a review. Under the Corporations Act and National Consumer Credit Protection Act ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... by WAM's board to change the venue of the meeting. The court ultimately denied Keybridge's case, leading to an appeal being lodged in the Federal Court which was also denied. Keybridge has been planning a capital raise since November 2024, with ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
A Victorian-based self-managed superannuation fund (SMSF) auditor will remain disqualified after he failed to overturn ASIC's initial verdict. ASIC originally disqualified Nazrul Islam, of Clayton South in Victoria, from being an approved SMSF auditor ...