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

Search Results

Showing 451 - 460 of 4091 results for "Conduct"

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
The corporate regulator says it has shut down about 3500 investment scam websites since July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million ...

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
ASIC has secured sequestration orders against finfluencer Tyson Scholz, the self-proclaimed 'ASX Wolf,' effectively declaring him bankrupt. The corporate regulator sought sequestration orders against Scholz for not paying Federal Court-mandated costs ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... licensed financial planner and member of Financial Advice Association Australia (FAAA), Ms Campbell is bound by a Code of Conduct to act with integrity, objectivity, and fairness. As a result of this litigation, a complaint was raised with ASIC and the ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... customer loyalty and retention. "Banks could improve their reputation and trust, by complying with the higher standards of conduct and ethics for providing services and advice, and by demonstrating their social responsibility and sustainability," she ...

ESSSuper welcomes strategy lead

ELIZABETH FRY  |  FRIDAY, 23 FEB 2024
... driving data-driven decision-making. In the new role, deVries will lead a team of data scientists and research analysts to conduct research, analyse data, and generate actionable insights. Among other tasks, she will lead strategy meetings with the executive ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... criminal charges. Sciacca named one example where a company director was sentenced to over four years in prison for dishonest conduct and other charges. The director encouraged investors to rollover their superannuation into newly created SMSFs and lend ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Australians want total control over how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... elsewhere and paying back just 1% of the total to investors. Russell Sandiford has pleaded guilty to two counts of dishonest conduct in relation to a financial product or service. He first appeared in court on the charges in March 2023, representing ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... Global Private Wealth. In September 2019, the firm's AFSL was cancelled in September 2019 after he was charged over the conduct by Western Australia police. At that time, he was charged with eight counts of stealing. He was later charged with 36 counts ...