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Showing 1 - 10 of 34 results for "United Global Capital"

Adviser ban stretched to 2028 in ASIC deterrence win

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... registered as a financial adviser for another three years. Melbourne-based Stephen Rogers, a representative of United Global Capital, had been prohibited from registering as an adviser with ASIC until after December 2025. The Financial Services and Credit ...

AFCA membership extended for Shield, First Guardian-linked firms

KARREN VERGARA  |  WEDNESDAY, 4 MAR 2026
... liquidation linked to the collapse of the Shield Master Fund and First Guardian Master Fund. This means United Global Capital (UGC) and Next Generation Advice, which are both in liquidation, will remain AFCA members. UGC's scheduled membership end date ...

AFCA reveals outcome of final lead decision

MATTHEW WAI  |  MONDAY, 2 MAR 2026
The Australian Financial Complaints Authority (AFCA) has issued the lead decision against both United Global Capital (UGC) and Next Generation Advice, finding faults by both financial firms. The complainant of the lead decision, which AFCA explained ...

Interprac ordered to pay $120k over Shield advice, blames Macquarie

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... 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 entities yet to receive their lead decision outcomes.

Former UGC adviser's appeal against ASIC ban accepted

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
A former United Global Capital (UGC) financial adviser has had his banning order shrunk by half after a successful appeal to the Administrative Review Tribunal. Milutin Petrovic was banned from providing financial services or performing any function ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
... lost trauma insurance benefit," it said. The lead decision reviews for Financial Services Group Australia, United Global Capital and Next Generation Advice are ongoing, and the ombudsman will continue to issue updates.

AFCA streamlines approach to over 1800 Shield, First Guardian complaints

MATTHEW WAI  |  MONDAY, 22 DEC 2025
... all affected investors. The lead decisions for MWL Financial Services, Financial Services Group Australia, United Global Capital and Next Generation Advice have been issued by AFCA. Since reaching some 1659 complaints earlier this month, the number of ...

Adviser of MWL, UGC banned for seven years

MATTHEW WAI  |  MONDAY, 22 DEC 2025
... over a series of misconduct when he was an authorised representative of MWL Financial Services (MWL) and United Global Capital (UGC). Van Coppenhagen was authorised by UGC from April 2018 to July 2021 and by MWL from August 2022 to June 2023. Van Coppenhagen's ...

Estimated CSLR levy comes in at $127m for FY27

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
... with a further 356 expected to be made after FY27. Further, the CSLR has estimated about 538 will relate to United Global Capital and the Global Capital Property Fund. Australian Fiduciaries and Brite Advisory are also expected to impact the levy total. ...

UGC auditor 'comprehensively failed', registration stripped

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
The man responsible for auditing United Global Capital and its two managed funds has had his company auditor registration torn up after he was found to have 'continuously failed to undertake basic audit work' that could have saved millions in SMSF investors' ...
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