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Showing 1 - 10 of 31 results for "Instagram"

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... unlicensed financial services business from March 2020 to November 2021. Scholz shared posts on specific companies via Instagram, suggesting he owned shares or viewed them as good investments, likely swaying his audience to buy these stocks. Scholz also ...

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
... to her podcasts. Judge Manousaridis found that Campbell advertised and made public her Financial Foreplay Podcast on Instagram and Facebook in a way that she provided services that constituted "advisory services relating to finance", "advisory services ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... choosing or moving between funds." HESTA's Balanced Growth option performance figures were shown through Facebook, Instagram, and in a webinar hosted on the fund's website, cited in various instances from 23 August 2022 to 18 July 2023. From ...

Power50: Most influential advisers named

STAFF WRITER  |  MONDAY, 30 OCT 2023
... our 2023 list secured their spot due to their innovative use of social media - harnessing the power of platforms like Instagram and TikTok to guide and educate those who have been priced out of traditional advice. But there's also plenty doing just that ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... said. ASIC alleges ESG misrepresentations were made on Active Super's website, disclosure documents and on Facebook, Instagram and LinkedIn. "There is much competition among super funds for new members, and we know that funds seek to attract members ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... cohort that finfluencers such as Victoria Devine, host of She's on the Money podcast with a following of 172,000 on Instagram, have been able to tap into. Guideway chief executive Alex Aracas says the company's engagement with Natasha Etschmann, who ...

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
... service business between March 2020 and November 2021. During the time of misconduct, Scholz was found to have posted Instagram stories about particular companies which indicated he had purchased shares in them or that he thought it was a strong investment ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
... influencers from over 150 consumer tip-offs for misleading endorsements. The ACCC is investigating social media platforms like Instagram, TikTok, Snapchat, YouTube, Facebook, and Twitch. The consumer watchdog is also considering the involvement of advertisers ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... financial services business for over a year, including providing courses on share trading and recommending stocks on Instagram. The court handed its decision down in December, with the judge saying the advice provided by Scholz "formed part of the continuous ...

What super funds should know about Gen Z

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
... upon source of financial advice, with one in four Gen Zs sourcing their information primarily from YouTube (59.9%) and Instagram (55.6%). Almost 60% of Gen Z aren't aware at all that they can access free advice from their fund.
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