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Showing 561 - 570 of 902 results for "Banned"

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
... were significantly improved and both Kent and Jamieson were reported as a result of these enhanced processes." Kent was banned for eight years contravening financial services laws. Specifically she failed to produce statements of advice, submitted alteration ...

Multi-asset funds see huge lift in inflows

MARK SMITH  |  FRIDAY, 2 OCT 2015
... allocation and many find MA products the best solution. The RDR is comparable to the FOFA reforms in Australia - commissions are banned and advisers are required to consider products from the whole market. By highlighting the cost of advisers, the RDR ...

ASIC bans ex-Genesys adviser

ALEX BURKE  |  THURSDAY, 1 OCT 2015
ASIC has banned a former Genesys financial adviser. Lukas Zelka was an authorised representative of AMP-owned Genesys Wealth Advisers from 2009 to 2011; after working at Jigsaw Support services for a year, he moved to another AMP licensee, Charter Financial ...

ASIC bans former NAB-aligned adviser

ALEX BURKE  |  THURSDAY, 17 SEP 2015
ASIC has banned a former adviser from Meritum Financial Group, which is wholly owned by NAB. Alfie Chong worked at Meritum from September 2005 to March 2006, and then July 2007 to June 2014. During that time, ASIC has alleged that Chong engaged in a ...

Former Madison FG adviser banned

ALEX BURKE  |  TUESDAY, 8 SEP 2015
ASIC has banned a former Madison Financial Group adviser for five-and-a-half years. Michael Kolody worked as a Madison representative between July 2010 and January 2014. ASIC's statement said that during that time, he provided inappropriate advice ...

Adviser linked to Spring FG banned for document forgery

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
A financial adviser has been permanently banned from the industry for falsifying Westpac finance letters to get more commissions. He was an employee of Murphy Dawson Partners, which was an authorised representative of Spring Financial Group between ...

Westpac insurance adviser gets permanent ban

LAURA MILLAN  |  THURSDAY, 13 AUG 2015
A Westpac financial planner has been permanently banned for submitting false insurance policy proposals to the bank to obtain benefits for himself. Victoria-based adviser Martin Hodgetts submitted nine false insurance policies between May and September ...

Macquarie adviser forged signatures, lied to clients

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
An authorised representative of Macquarie Equities Limited (MEL) has been banned for six years after the regulator found that he forged client documents. Shawn Hickman engaged in unauthorised discretionary trading on his clients' accounts between November ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
ASIC has permanently banned an insurance adviser and disqualified an SMSF auditor. Abhinav Gupta provided insurance advice via ACE Insurance's Victorian Combined Insurance division from October 2013 to May 2014. He was not a salaried employee of Combined ...

Queensland director banned for two years

DARREN SNYDER  |  FRIDAY, 10 JUL 2015
The Australian Securities and Investments Commission (ASIC) has banned a Queensland company director from providing financial services for two years after failing to ensure the company complied as a Responsible Entity under the Corporations Act. Between ...