Search Results | Showing 1 - 10 of 22 results for "MWL" |
| | | ... decision. Morgan had also brought a stay and confidentiality application which he has now withdrawn. Morgan was authorised by MWL Financial Services from 1 May 2017 to 28 August 2025. On 25 August 2025, ASIC cancelled MWL's Australian Financial Services ... |
| | | | ASIC has banned another MWL financial adviser David Lofthouse for three years for advising clients to invest at least 75% of their superannuation savings into the High Growth or Growth class of the Shield Master Fund. ASIC said Lofthouse gave six clients ... |
| | | | ... returns and outperformed alternatives since 2017 when Shield had only come into existence in May 2021. Terheci was authorised by MWL from 1 June 2022 to 23 December 2024. Prior, she worked as an adviser for short periods at Aware Super and Equip Super. ... |
| | | | ... or fixed membership end dates." The decision also affects Financial Services Group Australia, which is in liquidation, and MWL Financial Services, which is currently in administration. ASIC estimates 12,000 investors were impacted by the collapse of ... |
| | | | ... distributions. The outcome finalises all lead decisions of entities related to the collapse of Shield and First Guardian, including MWL Financial Services, Financial Services Group Australia, and Interprac Financial Planning. |
| | | | Effective February 5, ASIC banned former MWL Financial Services (MWL) adviser Neil McPherson for giving advice to certain clients that was not in their best interests. An investigation found that during his tenure with MWL, McPherson recommended some ... |
| | | | ... lead decisions for complaints involving advice businesses Shield and First Guardian, and has since provided the outcomes for MWL Financial Services, Financial Services Group Australia, and Interprac Financial Planning. |
| | | | ... and First Guardian to streamline over 1800 complaints in December. The outcomes for Financial Services Group Australia and MWL Financial Services were also recently released, with United Global Capital and Next Generation Advice remaining as the only ... |
| | | | ... advice provided by 5 Point Financial Planning, formerly associated with FSGA. Recently AFCA released its lead decision on MWL Financial Services, under which complainants were cold-called to have their super reviewed, while being referred to an adviser ... |
| | | | The Australian Financial Complaints Authority (AFCA) has finalised its review of MWL Financial Services' lead decision, confirming the business, which is in liquidation, did not act in the complainant's best interest. In December, AFCA unveiled the ... |
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