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Showing 281 - 290 of 600 results for "Authorised Representative"

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... dishonesty by using his position as director of The Carter Group (now in external administration). He was an authorised representative of PIS between September 2010 and October 2011. ASIC alleged that Birk withdrew cheques from a client's superannuation ...

AAT overrides adviser ban

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... clients and falsifying records. Hailing from Lower Chittering, Western Australia, Hutchison was a former authorised representative of RI Advice Group, which is owned by OnePath. He was also a director of advice firm WAWM Investment Holdings. Between ...

Former Macquarie advisers banned

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... Roderick Campbell have both been banned from providing financial services for 10 years. Landau was an authorised representative and senior wealth adviser in the Adelaide office of Macquarie Equities, while Campbell was an authorised representative and ...

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
ASIC is taking Federal Court action against Dover Financial Advisers and Terry McMaster for allegedly misleading and deceiving clients. The corporate regulator commenced civil penalty action against the disgraced dealer group and its founder on September ...

Dealer groups lift due diligence post Dover

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
The sudden closure of Dover Financial Advisers saw a mad scramble by authorised representatives to secure alternative licensing arrangements. Hundreds were successful in doing so before the July 6 deadline, but latest ASIC Financial Adviser Register ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... wishes are going to leave their clients in a worse financial position," he said. Atkins is a former authorised representative of Magnitude Group, a subsidiary of Westpac from 11 May 2015 to 11 December 2015. Prior to that, he worked at AMP subsidiary ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...

Former MyPlanner adviser fails best interests test

JAMIE WILLIAMSON  |  WEDNESDAY, 5 SEP 2018
... acting as a director or manager of any kind within an AFSL for three years. In addition to being an authorised representative of MyPlanner, he is also a director of Future Accountants and Adviser which was a corporate authorised representative of MyPlanner. ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... four financial advice firms to cease and amend false claims of independence. Two Paragem practices, an authorised representative of Spectrum Wealth Advisers and an authorised representative of Australian Financial Advisory Group were found to be making ...