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Showing 331 - 340 of 600 results for "Authorised Representative"

ASIC cancels AFSL, accepts EU

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... director, secretary, shareholder, employee, responsible manager or any other officers of an AFS licensee or authorised representative for two years; and notify ASIC and complete the relevant training and education requirements in advance of re-entering ...

Adviser banned over theft from deceased estate

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2018
A former authorised representative of Futuro Financial Services that transferred about $300,000 to himself from a deceased estate has been permanently banned by the corporate regulator. ASIC has permanently banned Robert Pryor Smith of South Australia's ...

Former Centra Wealth adviser banned

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
... account. ASIC has banned David Mario Alafaci on the basis that he is not of good fame or character. An authorised representative of Centra Wealth between 2 July 2014 and 11 January 2016, Alafaci deceived the dealer group's clients by issuing invoices ...

ASIC takes further action against MyPlanner

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
... statement of advice when personal advice was provided. At the time of the misconduct, Fraser was an authorised representative of MyPlanner and recently switched to MyPlanner Professional Services - the second AFSL that MyPlanner recently transitioned ...

Spring FG acquires $200m dealer group

ALEX BURKE  |  MONDAY, 18 DEC 2017
Listed wealth firm Spring Financial Group has acquired a dealer group with a combined $200 million in funds under advice. Under the terms of the acquisition, Spring FG will pay a total consideration of $1.67 million to acquire all issued capital of ...

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... or other representatives; or the licensee passes on the benefit, or a portion of the benefit, to an authorised representative, and the authorised representative passes on the benefit, or a portion of the benefit, to another representative of the licensee ...

Synchron adds to adviser network

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
A financial planning firm recently acquired by AZ Next Generation Advisory in a private equity deal has joined Synchron's growing network. Based in Victoria's Mornington Peninsula, Dunsford Financial Planning brings the total number of authorised representatives ...

Former CBA-aligned adviser banned for three years

ALEX BURKE  |  FRIDAY, 1 DEC 2017
... failed to act in her clients' best interests; the regulator investigated her activity while she was an authorised representative of both Financial Wisdom and Dover. Specifically, ASIC said Hamilton failed to "make enquiries into her clients' financial ...

Former BBY adviser cops 10-year ban

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
... client documents, corporate regulator ASIC said. ASIC banned Perth-based Sergio Nicolo Belardo, a former authorised representative of stockbroking firm BBY between September 2013 to May 2015, after an investigation found he traded in clients' accounts ...

Forgery sees former NAB adviser sentenced

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
... own personal gain. It was alleged that between 27 December 2012 and 1 March 2013 while working as an authorised representative of NAB, Thompson falsified 22 'change of adviser' forms and submitted them to MLC in order to transfer NAB clients to his personal ...