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Showing 251 - 260 of 600 results for "Authorised Representative"

Bristol Street adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 28 JUN 2019
... take into account clients' individual circumstances and used a templated approach while working as an authorised representative of Bristol Street Financial Services. Muscat developed an 'insurance needs calculation template' which recommended clients ...

Advice group hires national practice manager

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
A financial advice network has hired a practice management professional from InterPrac Financial Planning. Lifespan Financial Planning announced Michael Gershkov has joined the firm's Melbourne office as national practice manager. Gershkov was national ...

Former Futuro adviser charged with theft

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... months, consulting on farm and business successions and offering mediation services. Prior to becoming an authorised representative of Futuro, Smith was a senior financial adviser and farm succession specialist at Elders Financial Services and Elders ...

Former Gold Coast adviser banned

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
ASIC banned a former authorised representative of the now-defunct Austplan after clients were found to have been placed in a vulnerable financial position as a result of his advice. Gold Coast financial adviser Daniel Renneberg is banned from providing ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
More than 30 financial advisers are left without a home as Spectrum Wealth Advisers shuts up shop. Freedom Insurance Group has today revealed Spectrum will close earlier than originally intended as it can no longer meet a "key person" requirement of ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
Yellow Brick Road is restructuring its wealth business that will result in job cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure ...

ASIC catches illegal dual licensees

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
... holders found that 58 were breaking the law. Under the Corporations Act, an AFS licensee cannot be the authorised representative of another AFS licensee - with the only exceptions being general insurance underwriting agents and brokers operating under ...

Industry fund fined over independent advice claims

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
A major industry superannuation fund has been forced to remove "independent" from its financial advice messaging and consequently slapped with a financial penalty issued by the corporate regulator. ASIC alleged Hostplus provided misleading claims to ...

Former AMP adviser pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2019
... cover his own personal expenses and for other purposes, the regulator found. At the time, Martin was an authorised representative of Charter Financial Planning, owned by AMP. He was also previously licensed by now-defunct The Salisbury Group. Martin ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about 28% ...