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Showing 41 - 50 of 1762 results for "Ltd."

Adviser banned over early release scheme

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
An Adelaide financial adviser received a five-year ban for advising his clients to roll their super into newly established SMSFs to invest in a company he is a director of and then releasing the money to them in the form of a loan. Antonio Simeone is ...

ASIC continues crack down on deceptive advertising

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
... risks of one of its funds, including marketing it as 'Covid proof'. An interim stop order was placed on Fawkner Property Ltd (Fawkner) to prevent the fund issuing or transferring interests in its Private Property Trust No. 20 (marketed as Essential Services ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... for eight years. ASIC reported that Sirius Financial, trading as Trade360, engaged in an off-shore call centre, Toyga Media Ltd (Toyga), to source clients to trade in high-risk contracts-for-difference (CFDs) and margin foreign exchange contracts products ...

Subjects of Royal Commission case study found guilty in court

CHLOE WALKER  |  MONDAY, 11 JUL 2022
The Federal Court has found that Select AFSL (Select), BlueInc Services Pty Ltd (BlueInc) and Insurance Marketing Service Pty Ltd (IMS) engaged in unconscionable conduct when selling insurance products. The Court also found Russell Howden, the managing ...

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
... The consulting practice, owned and operated by Ruthenberg, was an authorised representative of The FinancialLink Group Pty Ltd (TFLG) at the time of the alleged misconduct. In August last year, Ruthenberg lodged an application for review of ASIC's decision ...

MSC Group launches Singaporean fund service

CASSANDRA BALDINI  |  FRIDAY, 17 JUN 2022
MSC Group has launched its fund services platform in Singapore after receiving a local capital markets licence. Its wholly owned subsidiary MSC Capital Partners Pte Ltd was issued the licence by the monetary authority of Singapore at the end of May. ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
The corporate regulator obtained interim orders from the Federal Court to freeze the assets of Sasha Hopkins and two of his companies, alleging he was misleading clients and running a financial service business without a licence. ASIC alleges that Hopkins ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
ASIC has succeeded in its application to liquidate Ascent Investment and Coaching Pty Ltd after suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and ...

Bendigo and Adelaide Bank establishes new super trustee

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... Hoare as an executive officer. On why the restructuring happened, a Bendigo spokesperson said: "Bendigo Superannuation Pty Ltd (BSPL) has been established in order to comply with a legislative change that requires trustees of a registerable superannuation ...

New board directors at FEAL

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
Aware Super's Deanne Stewart and HESTA's Lisa Samuels have joined the board of the Fund Executives Association Ltd (FEAL). The appointments come as former Spirit Super chief executive Leeanne Turner steps down after seven years. Stewart was named FEAL's ...