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Showing 191 - 200 of 4121 results for "Conduct"

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... Gabriel Jakob was banned for five years in December 2022 after being found to have engaged in "misleading and deceptive conduct" by publishing and distributing promotional materials - ASIC was, however, satisfied that Jakob and AlphaThorn's conduct ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... manner he did, Petrovic provided Statements of Advice that were defective and therefore engaged in misleading and deceptive conduct. The regulator said Petrovic did not act in clients' best interests; did not provide appropriate advice; failed to prioritise ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... ASIC has heaped more allegations against former financial adviser Ferras Merhi, claiming he engaged in "unconscionable conduct" related to the First Guardian Master Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
... patient. The ATO said it is now working with the Australian Health Practitioner Regulation Agency (AHPRA) to stamp out this conduct. "Compassionate release of superannuation (CRS), administered by the ATO, is an important safety net for access to urgent ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... fairness and responsibility, we pride ourselves on synthesising the highest standards of trust, service and professional conduct," the website reads. The firm has eight active unit trusts listed on its website, with performance dated to an unspecified ...

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... informed consent, drive the sale of unsuitable and poorly performing products, and facilitate and engage in misleading conduct. They also tend to add no value to consumers, erode super balances due to exorbitant fees, and jeopardise people's life savings. ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... into the financial services and retail investors category, which includes credit issues, licence obligations, and other conduct related to advice, insurance, and misleading and deceptive or unconscionable behaviour. One example cited by ASIC was a report ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... executives: "The steps you take in responding to the matters identified above will inform ASIC's response if we identify conduct of concern, commence investigations or take enforcement action." "While life insurance can provide valuable benefits ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... thorough review, ASIC believes Rankin failed to identify clients' objectives and needs, the subject matter of advice, or conduct a reasonable investigation of the financial products. ASIC has since imposed interim stop orders on the Pivotal Diversified ...

Magellan rebrands investment business

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
In addition to overhauling its own look, Magellan Financial Group unveiled the new Magellan Investment Partners. Magellan Financial Group has refreshed its corporate branding, including a new logo, and rebranded its investment business as Magellan Investment ...