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Showing 201 - 210 of 251 results for "Financial Services Law"

ASIC bans Provident Capital director

STAFF WRITER  |  MONDAY, 6 JUL 2015
Former director of failed company Provident Capital has been banned from providing financial services for two years. The Australian Securities and Investments Commission (ASIC) found that John Patrick Sweeney failed to comply with financial services ...

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
A report to the Australian Securities and Investments Commission (ASIC) identifies that One Big Switch contained potentially false and misleading statements in recent insurance campaigns. Appointed by ASIC to review One Big Switch's compliance with ...

ASIC bans Macquarie representative

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
The Australian Securities and Investments Commission (ASIC) recently banned a former Macquarie Entities representative from providing financial services for five years. The ban was given to Brett O'Malley of Sunshine Beach, Queensland, after he engaged ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... hasn't changed that much. It's just that insurers are a lot more risk-averse now." Managing director of financial services law firm The Fold, Claire Wivell Plater, agreed, adding that the onus is on planners to demonstrate to insurers that they are worth ...

Telstra Super lawyer wins WiS scholarship

STAFF WRITER  |  THURSDAY, 12 MAR 2015
Telstra Super senior legal counsel Sharyn Cowley has been awarded one of four inaugural Mavis Robertson Scholarship Programs, offered by advocacy group Women in Super. The awards were announced to coincide with International Women's Day on Sunday 8 ...

Prosecution drops charges against Storm adviser

LAURA MILLAN  |  MONDAY, 17 NOV 2014
The Commonwealth Director of Public Prosecutions has withdrawn its charge against former Storm Financial adviser Walter John Fullerton-Smith, following the death of a key witness. Fullerton-Smith faced a charge of making a false or misleading statement ...

ASIC bans former PIS and AMP advisers

LAURA MILLAN  |  MONDAY, 23 JUN 2014
Former Professional Investment Services (PIS) and AMP Financial Planning advisers have been banned from financial services. The Australian Securities and Investments Commission (ASIC) took action against AMP Financial Planning adviser Roy Whye Wah Moo ...

FoFA amendments will reduce quality of advice: lawyer

JAMES FERNYHOUGH  |  TUESDAY, 11 MAR 2014
The government's proposal to amend the best interest duty section of the Future of Financial Advice (FoFA) reforms are "inconsistent with the nature of a best interests duty" and will "reduce the overall quality of financial advice", according to legal ...

Tarrant appeals AAT banning order

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
Tarrants managing director Ross Tarrant has appealed the Administrative Appeals Tribunal (AAT) decision to ban him from providing financial services for seven years. Tarrant was sued by about 100 investors in the case of the Trio Capital fraud for ushering ...

ASIC accepts EU from two advice firms

LAURA MILLAN  |  TUESDAY, 24 SEP 2013
... according to ASIC, Spring Financial failed to monitor and supervise Royal Capital to ensure compliance with the financial services law. The firm also failed to provide enough processes and education to its authorised representatives Spring Financial ...