Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 335 results for "Cancelled"

Major industry events cancelled amid pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 13 MAR 2020
The Conference of Major Superannuation Funds has been cancelled or postponed along with a number of the financial services sectors big events, including charity fundraiser FICAP. The Australian Institute of Superannuation Trustees has cancelled the ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... providing financial advice. In May 2009 ASIC hit Goldenberg with a permanent ban from providing financial services and cancelled the AFSL of his company Concentric Wealth Management. He was found to have failed to provide appropriate advice to a client ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... March quarter this year. There's also the risk that the Tokyo 2020 Olympics - scheduled for July this year - will be cancelled. If so, the cancellation is expected to shave 0.1%-0.3% off Japan's GDP growth for FY 2020-2021. It's therefore ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... and Ozifin after obtaining interim injunctions against the firms in February 2018. Nine months later, the regulator cancelled AGM's financial services license and banned a former AGM director from providing financial services for eight years.

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... clients. ASIC has banned William John Henry Houwing, also known as Jack Houwing, from providing financial services and have cancelled the AFS licence of his Financial Options advisory business. Financial Options had previously held licences as a securities ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... UK employees after the coronavirus outbreak prompted a shortage in parts coming from China." "So far 24 airlines have cancelled flights to and from China. They include British Airways, Air France, and Dutch airline KLM, which axed flights through much ...

HESTA hikes default insurance cover

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... carefully considered. "The way that super funds provide insurance cover to members and when their insurance cover must be cancelled has changed as a result of Federal Government legislation introduced in 2019. These changes mean that the HESTA insurer ...

Former licensee boss banned

JAMIE WILLIAMSON  |  TUESDAY, 11 FEB 2020
... Insurance Group. After being issued with a notice of hearing by ASIC, Freedom applied to have Spectrum's licence cancelled. Following its closure, more than 30 of its advisers transitioned to Consilium Advice - an AFSL established by a number of ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... trust account of a business for which she was the sole director and shareholder, Orchard Accountants. ASIC has also cancelled her AFSL. According to the corporate regulator, Tran failed to co-operate with and assist the Australian Financial Complaints ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
ASIC has banned a Queensland-based financial adviser from providing financial services for seven years and cancelled the AFS licence of his business. The corporate regulator found that Timothy Shapter had not provided advice in his client's best interests ...