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Showing 181 - 190 of 335 results for "Cancelled"

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
A boutique financial advice business has had its AFSL cancelled for failing to adequately manage conflicts of interest after clients were advised to invest their superannuation in the practice. ASIC has cancelled the AFSL of Evermore Money Management ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... appearance. The Commission heard grim evidence the firm sold life insurance to an intellectually disabled man, and only cancelled the policy after forcing the man to repeat his desire to terminate the insurance with the help of his father.

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
The corporate regulator has cancelled the AFSL of a Melbourne-based firm that previously copped a $9 million fine for offering personal loans with the proviso customers implement financial advice from the firm. Financial Circle's Australian financial ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... last month that it would sell a significant part of its stake if the IPO occurred. Around the same time the IPO was cancelled. About $237 billion worth of property value has been successfully transacted electronically via PEXA to date.

TAL hired private investigator to follow claimant: Royal Commission

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... nurse had breached her duty of disclosure by failing to report the six single days taken off for anxiety and stress. It cancelled the policy without any additional communication, which TAL's van Eeden agreed was "not the way we should be doing business." ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... to provide notices to up to 100,000 customers, which meant they may have been unaware their life insurance had been cancelled for the non-payment of premiums. AMP was again mentioned over insurance rewriting, which the commission first heard of in the ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... direct channels - the overall figure stands at 93% across all channels. Among its other findings, ASIC said consumers cancelled their policies in high numbers. One-in-five policies were cancelled in the cooling off period, while three-in-five policies ...

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... advisers were licensed by Dover as at 1 May. By 1 July this had dropped to 311. News that Dover's AFSL was set to be cancelled first originated on 8 June when its advisers were notified it would be shutting down in less than 30 days and they could ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... with their assets, restraining him from providing future advice - as he continued to provide advice even after ASIC cancelled his licence - and to appoint a provisional liquidator for Gordon and his partner's companies. Gordon was previously licensed ...