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Showing 1 - 10 of 256 results for "Financial Services Law"

LGT Wealth Management hires five advisers from rival

VINNY VUCAGO  |  MONDAY, 7 SEP 2026
LGT Wealth Management Australia has expanded its Syndey private client advisers' team with five senior hires from UBS Wealth Management. Michael Marr, Sean Carroll Seamus quick, Stephen Cabot and Patrick Armitage join as senior investment advisers. ...

AustralianSuper enters advice space

ELIZA BAVIN  |  TUESDAY, 11 AUG 2026
AustralianSuper will offer personalised advice and guidance for members through a new online service. The service will be available to members via the AustralianSuper member portal. Launching in stages starting this year, it will allow members to access ...

ASIC suspends AFSL of GFA Capital Markets

RIDDHIMA TALWANI  |  THURSDAY, 6 AUG 2026
ASIC has suspended the Australian financial services licence (AFSL) of GFA Capital Markets (GFA) for five months after finding multiple client money, reporting obligation and compliance failures. GFA's licence has been suspended from 23 July 2026 to ...

Another MWL adviser banned over Shield collapse

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... because Shield had only come into existence in May 2021. ASIC also found Niu is likely to contravene a financial services law. While the banning order took effect from January 22, Niu lodged an application with the Administrative Review Tribunal (ART) ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... not retrospective litigation. It is unfortunate that such significant questions about the application of financial services law to digital assets have had to be tested through enforcement against a small, innovative Australian startup. "We're excited ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
Former financial adviser Rhys Reilly has been banned from working in financial services for 10 years for "serious misconduct" in which he flogged the First Guardian Master Fund in return for conflicted remuneration. ASIC's investigation into Reilly ...

ASIC hands down 10-year adviser ban

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
... ASIC found Godfrey failed to comply with financial services laws; was involved in the contravention of a financial services law by another person; and was not a fit and proper person to provide financial services, perform functions as an officer of an ...

Adviser reprimanded over clients' loss of cover

JAMIE WILLIAMSON  |  THURSDAY, 26 MAR 2026
... notifying their licensee and arranging an insurance review. The panel determined the adviser had breached financial services law and therefore also didn't comply with Standard 5 (client care) or Standard 9 (quality process) of the Code of Ethics. ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
... Terheci is not a fit and proper person, is not adequately trained or competent and is likely to contravene a financial services law," the regulator said. The banning order took effect from 25 July 2025. ASIC said Terheci has applied to the Administrative ...
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