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Showing 1 - 10 of 416 results for "Pty Ltd"

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... between February 2021 and January 2023, while an authorised representative and responsible manager of Octillion Partner Pty Ltd, Rose recommended six self-managed superannuation fund (SMSF) clients to invest their superannuation in a financial product. ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... Company (iExtend) after investigating concerns that it was operating without an AFSL. The undertaking also relates to iExi Pty Ltd, which trades as iExtend. Documents show the investigation commenced in June last year after concerns were raised that ...

ASIC bans former risk adviser

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... is not a fit and proper person to perform the roles. Previously, Durant was the sole director of Assurance Corp (Aust) Pty Ltd (Assurance Corp). Both Durant and Assurance Corp were authorised representatives of Insurance Advisernet Australia Pty Limited ...

Diverger aims to increase profits via scalability

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
... Further, it established the advice equity partnership model, completing two investments into McGregor Wealth Management Pty Ltd and Atkinson Saynor Private Wealth. Diverger announced a slight increase of 2% on its normalised EBITA which shifted to $6.9 ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... were never even passed on to their creditors. ASIC has commenced proceedings in the federal court against Bakken Holdings Pty Ltd (Bakken), an operator of the debt management business Solve My Debt Now, following concerns of substantial consumer harm. ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... superannuation savings into newly established SMSFs and subsequently lend those funds to his two companies, Secure Investments Pty Ltd and Aquila Group Pty Ltd. The regulator said between 13 May 2015 and 6 January 2020, the former director dishonestly ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... Scott Langdon and Rahul Goyal were appointed as voluntary administrators of FTX Australia and its subsidiary, FTX Express Pty Ltd, which operates a digital currency exchange not regulated by ASIC. In the US, FTX Trading, West Real Shires Services (trading ...

ASIC permanently bans former financial adviser

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... engaging in dishonest conduct. Wertheimer was a financial adviser under his own company, John Wertheimer & Associates Pty Ltd, before appointing Picture Wealth Advisory Pty Ltd to service a group of clients. The ban prevents Wertheimer from engaging ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... investors in the event RES cannot recover the funds elsewhere. "Mr Fox, a former director of Urban Recycling Solutions Pty Ltd ("URS"), was heavily involved in the management of a project associated with the development and manufacture of Plazrok - an ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... acted in the Federal Court to wind up the unregistered managed investment scheme operated by Marco and AMS Holdings (WA) Pty Ltd, the AMS Holdings Trust, in 2020. The court heard that between February 2014 and October 2018 Marissen, who was employed ...
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