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

Search Results

Showing 81 - 90 of 3700 results for "Order"

ASIC acts against MWL, its director and lead generator

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
ASIC is taking legal action against MWL Financial Services, its former director Nicholas Maikousis, and lead generator Imperial Capital Group Australia over alleged Shield advice failures. ASIC alleges that MWL operated a business model that provided ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... control meant to the clients," Report 824: Review of SMSF establishment advice states. The advisers also acted more as "order-takers" and did not conduct a reasonable investigation and assessment of financial products. They also did not give priority ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
... there is appropriate segregation of duties, and continue to invest in specialised, highly credentialed professionals in order to continue delivering for our investors," Metrics said. Financial Services Council chief executive Blake Briggs said: "Industry ...

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
... pension funds like Michigan's state pension fund also now have exposure. US President Donald Trump also signed an executive order earlier this year to expand alternative investments in 401(k) funds. Titman noted that there is "no lack of conviction" ...

Perpetual confirms exclusivity with Bain Capital

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... best interests of shareholders. "Following the termination of the scheme implementation deed, the board decided that in order to continue to invest in our businesses, we would also explore the sale of the wealth management business, with the potential ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... Now, it's believed to be more than double this at $131 million. Per the court ruling, ASIC initially extended the freeze order to September 10 and Cotton was required to file affidavit evidence listing all the assets and liabilities of himself and FMPE ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
Convicted Perth fraudster Chris Marco had his sentence handed down this week, after being found guilty following a five-week trial in September. The Supreme Court of Western Australia has sentenced Marco to 14 years imprisonment, with eligibility for ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
ASIC has banned another former Crown Wealth Group staffer from working in the financial services industry for showing incompetence in addressing fees-for-no-service (FFNS) misconduct. Brendan Rodwell, who was the director of Crown Wealth Group, was ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...

UGC auditor 'comprehensively failed', registration stripped

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
The man responsible for auditing United Global Capital and its two managed funds has had his company auditor registration torn up after he was found to have 'continuously failed to undertake basic audit work' that could have saved millions in SMSF investors' ...