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

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
... 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) in 2013. The ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
... 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 to ...

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
... 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 way of an ...

Queensland adviser permanently banned

MARK SMITH  |  FRIDAY, 16 AUG 2013
... 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 with ...

Adviser uses dead people to earn commission

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
... 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 practice ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
ASIC has imposed additional conditions on the Australian financial services licence of NSW-based Lionsgate Financial Group Pty Ltd following a surveillance of its advice business. According to the regulator, Lionsgate currently has 103 authorised representatives ...
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