Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 311 - 320 of 891 results for "Banned"

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... for free. Free education, free tours, free whatever are good enough enticements... but not when citizens of the earth are banned from leaving or entering national domiciles. Economics 101 dictates that the A$'s depreciation would make imports more ...

MLC changes super fees, adds menu

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... members were left idling in products with higher fees and paying commissions to financial advisers that would have been banned if they were in a MySuper product, Financial Standard reported in January.

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
ASIC has permanently banned the man behind Superfunded, an illegal early access to superannuation scheme in Perth. Mark Goldenberg was chief operating officer, general manager and property analyst of Superfunded. His scheme enabled people to use their ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... "nationwide curbs on a wide range of events that were likely to put large numbers of people in close proximity. Weddings were banned; museums, cinemas, theatres and exhibitions were closed; bar and restaurant owners were warned that they would be shut ...

Banned advisers still working in advice: FPA

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Planning Association of Australia has revealed it is aware of banned financial advisers still working in the advice industry. As part of the government's proposed legislation to implement the recommendations from the Royal Commission ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... injunctions against the firms in February 2018. Nine months later, the regulator cancelled AGM's financial services license and banned a former AGM director from providing financial services for eight years.

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
A Queensland-based financial adviser has been permanently banned and an AFS licence canned, after the corporate watchdog found he had procured loans for his own use from SMSF clients. ASIC has banned William John Henry Houwing, also known as Jack Houwing ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... maximum penalty of 10 years, while the charges of aggravated deception each carry a maximum penalty of 15 years. Nowak was banned from providing financial services by ASIC in March 2015 after the collapse of the Charterhill Group. ASIC said it had concerns ...

Freedom Insurance appoints liquidators

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... life insurance business after a Deloitte review said it could face a liquidity shortfall in 2019. ASIC earlier this month, banned Mark Schroeder who was the chief executive of Spectrum Wealth Advisors (a subsidiary of Freedom Insurance Group). It also ...

Former Macquarie adviser cops lifetime ban

ALLY SELBY  |  THURSDAY, 13 FEB 2020
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour. ASIC has permanently banned Queensland-based adviser, Warren Scott ...