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

Search Results

Showing 61 - 70 of 1138 results for "Representatives"

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... offered financial advice and financial services. Further, the business website falsely claimed the relevant company representatives held an AFSL. ASIC's investigation in October 2020 alleged that Beresford established Maxwell Financial Services in ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... information of its financial advisers and clients. In the NSW Supreme Court, ASIC alleges Fortnum exposed its authorised representatives (ARs) and clients to an "unacceptable level of risk of a cyber-attack or a cybersecurity incident". Fortnum introduced ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... which is under Interprac Financial Planning, between July 2023 and January 2024. ASIC said it was aware authorised representatives from Interprac Financial and Next Generation Advice recommended clients move their money to Shield. McQueen's ban took ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... for three years for failing to recognise the seriousness of fees for no service conduct, committed by one of its representatives at Lighthouse Partners. Kiriley Roper was recently banned for 10 years by ASIC for charging fees for no service to the tune ...

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
... and build and advance consensus around them." Those invited include Productivity Commission chair Danielle Wood, representatives from the Australian Council of Trade Unions, Business Council of Australia chief executive Bran Black, Australian Chamber ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
... monthly or quarterly basis. In other matters, the organisations said they support the proposed changes to force paid representatives to use approved AFCA processes and for AFCA to refuse to deal with a third party where they are not a member of AFCA ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... entities associated with him in connection with its investigations concerning the two funds. Certain authorised representatives of FSGA provided personal financial product advice to consumers who invested in the Shield Master Fund and the First Guardian ...

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... IFIA, we intend to strengthen our engagement and relationships with our stakeholders, including consumers, their representatives, policymakers and regulators, to ensure we deeply understand their views." "The Islamic Finance and Investments Association ...

Responsible investing buoyed by instos: RIAA

KARREN VERGARA  |  WEDNESDAY, 28 MAY 2025
... true to label responsible funds, with over 350 products now certified," Hegarty said. "We are now bolstered by representatives from all aspects of the investment market. Asset managers, research and data providers, banks, insurers, and of course asset ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... has told Kalkine it must appoint an independent compliance consultant to address concerns its customer service representatives have been giving unlicensed advice. Kalkine is an equity research house which produces stock analysis and buy, hold and sell ...