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Showing 221 - 230 of 902 results for "Banned"

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions to close to 10,000 members of Asgard Independence ...

Border rule-breaking former adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
... was jailed last year for breaching Western Australia's tough border restrictions to attend the AFL Grand Final, has been banned from providing advice for 10 years. Babbage was arrested by Western Australia police three days after the 2021 AFL Grand Final ...

Permanent ban for former authorised representative

CHLOE WALKER  |  FRIDAY, 18 MAR 2022
ASIC has permanently banned Roderick Halligan from providing financial services or having any involvement in a financial services business. According to the corporate regulator, between 1 June 2015 to 22 October 2020, Halligan, who was an authorised ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
Two of the world's largest pension funds could be forced to divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into ...

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... typified by significant vertical integration, however, the market has changed, and conflicted remuneration has largely been banned. It is appropriate to ask what the utility of an FSG is for advised clients now, especially given other disclosure documents ...

HESTA impact lead goes it alone

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
... Plan promoted the company's steps to progress the voice of First Nation's Peoples while the company simultaneously banned Traditional Owners from speaking publicly on matters of heritage and mining leases. "It is this integrity gap that the emerging ...

Mayfair 101 files new appeal

ELIZABETH MCARTHUR  |  TUESDAY, 25 JAN 2022
... these reports contained incomplete information. Mayfair 101 founder and managing director James Mawhinney - who has been banned from fundraising or advertising financial products for 20 years - maintains ASIC made mistakes in prosecuting Mayfair. "Our ...

Former Spaceship chief executive banned

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
The former chief executive of Spaceship has been banned from providing financial services after ASIC found he had an employee complete AICD assessments on his behalf. The investigation found Paul Kevin Bennetts, who led both Spaceship's managed ...

ASIC bans adviser for two years

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
ASIC has banned Sydney-based financial adviser Christopher Betalli from providing financial services for two years. Betalli has been banned from providing financial services for two years. Following a review by the corporate regulator, Betalli, who ...

Disqualified adviser convicted of managing company

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... who defrauded clients $6 million has been convicted of managing a corporation while disqualified. Melinda Scott, who was banned from managing corporations for 25 years until 2 December 2037, set up and ran Driven by Results, a chauffeur business, as ...