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Showing 1 - 10 of 11 results for "Lionsgate Financial"

AAT upholds ex-AMP adviser ban

KARREN VERGARA  |  FRIDAY, 7 JUL 2017
... commission hence boosting his own remuneration, ASIC said. Since leaving AMP, he became a representative of Lionsgate Financial Group between September 2014 and August 2016. The AAT yesterday dismissed Panganiban's appeal, affirming he was "not of good ...

Carwardine to undergo external advice review

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
... constructive action it has taken to address its concerns. ASIC also announced it has concluded the monitoring of Lionsgate Financial Group (Lionsgate) after additional licence conditions were placed on its Australian financial services licence (AFSL) ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
... has offered to review his previous clients' advice. Since leaving AMP, Panganiban was a representative of Lionsgate Financial Group from September 2014 to August 2016; as such Lionsgate will also notify clients of his banning. Panganiban has appealed ...

AAT reduces adviser ban

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
... occurred between June 2013 and December 2013, during that time Prasad was an authorised representative of Lionsgate Financial Group. On 15 May 2015, Prasad appealed ASIC's decision at the AAT. His banning will now cease on 26 October 2016.

Court dismisses ex-AMP planner seeking hold on ASIC ban

ALEX BURKE  |  WEDNESDAY, 25 MAY 2016
... application made by a financial planner to restrain ASIC from making a possible banning order. ASIC issued Lionsgate Financial Group planner Rommel Panganiban with a hearing notice in late 2015 relating to concerns about financial services provided to ...

ASIC bans incompetent adviser

MARK SMITH  |  THURSDAY, 30 APR 2015
ASIC has banned a Sydney-based adviser for three years for failing to keep records. The regulator said Lionsgate Financial Group adviser Atish Prasa, from Westmead, was not adequately trained or competent to provide a financial service. He also broke ...

ASIC permanently bans 'tombstoning' adviser

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
... insurance contracts. Vyas' conduct occurred when he was an authorised representative of financial advice companies Lionsgate Financial Group and HNW Planning. In February 2014, Vyas was convicted and sentenced to 2 years imprisonment to be served by ...

Banned adviser faces jail time over 'tombstoning'

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
... increase his revenue. The practice is known as 'tombstoning' and this time it was Pavan Vyas, former adviser from Lionsgate Financial, who was accused of submitting 15 false insurance applications between June 2012 and March 2013 to earn $243,433 in ...

Queensland adviser permanently banned

MARK SMITH  |  FRIDAY, 16 AUG 2013
... was not licensed or authorised to do so on 33 occasions. Lofts has worked for Sterling Financial Strategies, Lionsgate Financial Group and Synchronised Business Services. His ban was effective from 17 July 2013 and he has the right to lodge an application ...

Adviser uses dead people to earn commission

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
... of dead and non-existent people to earn commissions on insurance applications. Pavan Vyas, an employee of Lionsgate Financial Group Pty Ltd and HNW Planning Pty Ltd, arranged insurance cover for clients - some of whom, ASIC found, did not exist. The ...
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