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Showing 11 - 20 of 33 results for "External administration"

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
... not sufficiently identify these issues." Two years later, in November 2019, the licensee was placed into external administration and a liquidator was appointed to help pay the creditors of MyPlanner Australia. "While MyPlanner Professional took some ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... licenses and industry experts, we will continue to empower and better serve our clients." Sargon entered external administration at the hands of one of its Chinese creditors, Taiping Trustees, on January 30. Since then, Sargon has appointed voluntary ...

Sargon finds buyer for trustee business

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... administrators of eight Sargon companies earlier this month, after Sargon's Chinese lender forced it into external administration over missed payments on a loan. Yesterday, OneVue Holdings chief executive Connie Mckeage said the company understood ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... other entities associated to Phil Kingston defaulted on a loan from a Chinese lender and were forced into external administration in late January, OneVue appointed its receivers and managers to SC Australian Holdings 1 Pty Ltd, against which it had a ...

OneVue takes control of Madison

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
... advisers. It's the latest development in the Sargon saga, which began last Wednesday when Sargon entered external administration at the hands of one of its backers, Taiping Trustees. Sargon owed money to OneVue for the acquisition of its trustee ...

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... as administrator for at least three Sargon-related companies, after the main holding company went into external administration last Wednesday. Sargon Superannuation Holdings, Sargon Services Pty Ltd and Sargon CT Holdings Pty Ltd are the three companies ...

Board departure at Sargon subsidiary

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... the coming year and took the decision to step down from the Tidswell board before Sargon's entering external administration (of which its subsidiaries are not a part). Miller said he has scaled down the number of average number of days he spends ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... pleading guilty to five counts of 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 ...

ASIC outlines industry funding costs

ALEX BURKE  |  MONDAY, 9 OCT 2017
... example, companies will have a minimum levy of $2500; this can be increased based on the number of ongoing external administration appointments at the beginning of the financial year and the number of prescribed documents lodged with ASIC during the ...