KARREN VERGARAASIC is investigating Queensland financial services firm Australian Fiduciaries, which has $160 million of investor money, and seeks asset preservation orders and the appointment of receivers.
JAMIE WILLIAMSONThe chief of staff at IFM Investors has departed after nine months in the role.
ANDREW MCKEANRoyal London Asset Management has appointed a Sydney-based regional sales head to expand the firm's footprint in Australia.
KARREN VERGARAASIC has cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the industry.