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Showing 201 - 210 of 4123 results for "Conduct"

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 ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... contraventions of s 72(4) is high, indicating the significant scope - and thereby the seriousness - of the contravening conduct," Justice Neskovcin added. Under section 72 of the National Credit Code, lenders must consider varying a troubling customer's ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
The Administrative Review Tribunal has upheld ASIC's decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years, after he lodged a review of the ban handed down in June 2024. The Tribunal conducted two hearings since the application ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... jurisdiction, ASIC said. Forrest is charged with two offences contrary to s1043A (1) of the Corporations Act 2001 - prohibited conduct by person in possession of inside information, while the other is contrary to s911's providing unlicensed financial ...

CSC quashes internal bullying, sexism claims

MATTHEW WAI  |  MONDAY, 11 AUG 2025
... Torney said CSC is taking "active steps" to address its gender pay gap as priority, engaging with an external party to conduct an audit this year. Financial Standard has reached out to CSC for further comment. Torney said every complaint is thoroughly ...

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
... transferred to offshore bank accounts or to a crypto exchange. Tsalikidis was believed to have been engaged in similar conduct and aided the three during the process. As a result, Podaridis and Floropoulos were each charged with 28 offences of dealing ...

FCA fines Neil Woodford, WIM $94m

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... fundie' Neil Woodford and his defunct company have been collectively fined more than £45 million ($94m) by the Financial Conduct Authority (FCA). The regulator fined Woodford £5.89 million ($12.1m) and banned him from being employed in senior manager ...

Guilty plea entered in Ponzi scheme case

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... financial services business without and AFSL and duped investors out of nearly $2 million has pleaded guilty to dishonest conduct and dealing with proceeds of crime. Ashley Arandez pleaded guilty to dishonest conduct, unlicensed conduct, and dealing ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... sales referral source, you should have in place adequate monitoring and supervision arrangements to detect concerning conduct and to make sure your advisers are acting in the best interests of their clients."