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Showing 11 - 20 of 238 results for "EGG"

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...

Feature: Retirement | Rewarding risk

LACHLAN COLQUHOUN  |  WEDNESDAY, 22 OCT 2025
... begins 10 years before retirement and continues 15 years after a person stops working. This is the period when their nest egg is at its peak, and they have more to lose but are most sensitive to market and sequencing risk. "But to be honest, if you wind ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... important, as well as easily choosing the best insurance cover for them. People are becoming more engaged with their nest egg so having choice is crucial," BUSSQ chief executive Damian Wills said. The consolidation follows fee reductions BUSSQ rolled ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... there." Several financial advisers are within ASIC's crosshairs. For example, principal and financial adviser of Venture Egg, Ferras Merhi is under investigation after he and his advisers invested about $296 million of their clients' super into ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... occurred and access their ORFR reserves to remediate every client that has been exposed to these investments," he added. Venture Egg Financial Services and its principal Ferras Merhi, and Reilly Financial were authorised representatives of InterPrac. ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... dollars". The regulator alleged he used marketing companies to push potential clients to his financial advice businesses, Venture Egg and Financial Services Group Australia (FSGA). In February, the Federal Court froze the assets of Merhi. He is the principal ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... Merhi over their potential involvement. Financial adviser Merhi was licensed through InterPrac and is the director of Venture Egg Financial Services and United Financial Advice, which trade as Venture Egg and Financial Services Group Australia. "We recognise ...

Sequoia resumes trading after ASX query

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... ASIC is investigating InterPrac as part of its ongoing investigations into the Shield and First Guardian funds as Venture Egg Financial Services and its principal Ferras Merhi were authorised representatives of InterPrac. ASIC said certain authorised ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Slater and Gordon Lawyers are investigating a potential class action on behalf of investors in First Guardian Master Fund and Shield Master Fund for allegedly operating a Ponzi scheme with thousands of Australians' superannuation savings. Slater and ...

Adviser exodus puts retirement savings at risk: CPA

KARREN VERGARA  |  THURSDAY, 17 JUL 2025
... CoreData and Conexus Financial research, an increasing number of Australians nearing retirement plan to reinvest their nest egg savings outside of super and move it into speculative and potentially volatile investment options such as cryptocurrency ...