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Showing 81 - 90 of 334 results for "Cancelled"

Super fund reaches dispute settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2023
An ASX-listed manufacturing company has settled with an industry superannuation fund over cancelled plans for a metal powders plant. Amaero International reached a settlement with MTAA Super - now Spirit Super - over a dispute regarding the lease of ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... trying to convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible managers, Gail Glasby and Paul Carcallas, were both banned by ASIC for 10 years. At the ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... Investment Partners and Equilibrium FS - that were both closed down. Financial Circle's AFSL and credit licences were cancelled by in November 2018 after it was fined $9 million. The fine followed the firm being found to be only offering personal ...

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
... operated both a managed discretionary account (MDA) service and a superannuation rollover business. In March 2020, ASIC cancelled the AFS licence of the Gold Coast-based financial services business following concerns it had breached several of its legal ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The corporate regulator suspended Quantum Funds Management Limited (QFML)'s AFSL and cancelled that of AFSL Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... three SMSF auditors from being registered, imposed additional conditions on the registration of one SMSF auditor, and cancelled the registration of two SMSF auditors. Five of these SMSF auditors were referred to ASIC by the ATO. Of the five, one did ...

ASIC dishes out permanent ban to 'lifestyle' adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... between 2010 and 2015 Reynolds was licensed by Westpac. He then moved to Dover Financial Advisers until its AFSL was cancelled in July 2018. Then, more than a year later, he became licensed by Interprac Financial Planning before ceasing in May 2020. ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... Currently non-residents who permanently leave or leave Australia for longer than three months have their insurance cover cancelled. From September 30, this restriction will be removed. Brighter Super said this will contribute to improving member outcomes ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... register their complaints with the Australian Financial Complaints Authority before Dixon Advisory's AFCA membership is cancelled in April 2023.

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
... significant client shortfalls. The licence suspension was extended several times, with BBY's licence was eventually cancelled in June 2021 but was allowed to continue until 31 March 2022 to ensure former retail clients were compensated for their ...