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Showing 21 - 30 of 334 results for "Cancelled"

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... his personal property. Provisional liquidators are also being sought for Venture Egg and United Financial Advice. ASIC cancelled the AFSL of FSGA on June 7 and permanently banned its responsible manager Graham Holmes. ASIC deputy chair Sarah Court said ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
The AFSL of MWL Financial Services has been cancelled, while both its director and its compliance manager have copped bans after they allegedly helped funnel more than $150 million in investments into the Shield Master Fund. MWL recommended Shield to ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... 2024. UGC was based in Melbourne and had held an Australian financial services licence since 18 August 2017. This was cancelled upon Hewish's banning. However, the announcement of the ban and cancellation was delayed due to interim publication restrictions. ...

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... licence. However, those plans were never fulfilled, and PWMS's Australian financial services licence (AFSL) was cancelled in August 2023, when Cuthbertson was also subsequently permanently banned. The matter has been adjourned to September 23. The ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... authorised representative of Crown Wealth Group until last year when its Australian financial services licence (AFSL) was cancelled after the group was placed into voluntary administration. The reportable situations regime requires licensees to notify ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... director of the business in 2015. Crown Wealth Group was placed in voluntary administration last year and had its licence cancelled. According to the ASIC Financial Adviser Register, between October 2022 and October 2023 Roper was also licensed through ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... priority for ASIC, and we will continue to investigate where we identify potential misconduct or non-compliance." ASIC cancelled the Australian financial services licence of Brite Advisors after it failed to pay a compensation order upheld by the Australian ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
ASIC has cancelled the Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the Compensation Scheme of Last Resort (CSLR). The regulator cancelled ...

No US recession priced in yet: UniSuper

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... pause. There's been some exemptions for a lot of goods from China as well. But even if he turned around tomorrow and cancelled all tariffs, it's still not clear that the damage can be undone. "I think the prospect of a recession will probably ...