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Showing 111 - 120 of 334 results for "Cancelled"

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... doing this, Bhandari failed to act in clients' best interests and failed to provide statements of advice. ASIC also cancelled Australian Dealer Group's licence, finding that its business model was "not designed to comply with its obligation to act efficiently ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... determine whether the issue was reportable to ASIC under the Corporations Act. ASIC says that deducting premiums for cancelled insurance cover deprived the impacted members of the value of the premiums charged and returns on those amounts. Telling members ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments nearly 40%, according to Janus Henderson Investors. In the Asia Pacific, payouts fell 11.9%, which is roughly ...

CFA Institute offers free exam deferral

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... underneath the base of the laptop." Candidates in Lima, Panama City, Peterborough and Santiago have had their February exams cancelled as COVID-19 related conditions have made it impossible for exams to go ahead.

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
The corporate regulator has cancelled the Australian financial services licence of Halifax Investment Services nearly two years after it was placed into administration. The cancellation took effect from 8 January 2021 and allows the licence to operate ...

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... guilty to. He also pled guilty to a larceny charge that he withdrew $30,000 raised for the failed IPO after the float was cancelled and transferred it to accounts for his own benefit instead of returning them to clients. Flowers was previously made bankrupt ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... specified monetary amounts in a separate bank account. In July, ASIC suspended Union Standard's AFSL and two months later cancelled it. In the same month, BRI Ferrier was appointed as administrator. Liquidators were appointed on September 3. Shay Zakhaim ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
ASIC has cancelled the AFSLs of two financial services providers, one from Victoria and the other from Western Australia. Victorian financial services provider Jels Financial Group has had its license cancelled by the regulator for failing to demonstrate ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... target, ranging from -60 to -70% in the third quarter." Other casualties include Insurance Australia Group (IAG), which cancelled its dividend for the first time on record in order to bolster its capital reserves, as well as Sydney Airport and Aristocrat ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... financial advice from them. Financial Circle's Australian financial services licence and Australian credit licenses were cancelled on 19 November 2018.