iscover
Financial adviser who stole $1.6 million from clients permanently banned from providing financial services
Keeli Cambourne
A financial services adviser who took more than $1.6 million from his clients has been permanently banned by ASIC.
A financial services adviser who took more than $1.6 million from his clients has been permanently banned by ASIC.
ASIC has acted against a further 11 SMSF auditors for breaches of their obligations including breaches of auditing and assurance standards,
Trustees need to be more member-focused in their approach, ASIC says following its review of performance communications by trustees that aga
Fong Financial Planners pleaded guilty in the Perth Magistrates Court on 24 March 2023 to three charges of dishonest conduct.
A review from ASIC has highlighted areas where trustees need to improve, including life insurance provided to members.
ASIC has made interim stop orders preventing Advance Asset Management Limited (Advance) from offering or distributing three funds to retail
Mark Francis McCabe of Roseville, NSW has appeared in the Downing Centre Local Court on further fraud charges.
The Australian Securities and Investments Commission (ASIC) has permanently banned Todd Karamian of Sydney from providing financial services
Douglas Cecil Allen, a Tanawha-based adviser, has been barred by ASIC from providing financial services for three years after an investiga
ASIC has commenced Federal Court action against superannuation trustee OnePath Custodians for allegedly charging fees for no service and mak
A former Victorian financial adviser has been sentenced to jail for obtaining financial advantage by deception after being found to have fac
A former Western Australia-based financial adviser and his company have been charged with dishonest conduct over insurance advice provided t
ASIC is seeking consultation on its new updated guidance on superannuation calculators and retirement estimates.
A former NSW financial adviser has pleaded guilty to five criminal offences involving dishonest conduct and providing fabricated evidence to
The corporate regulator says the benefits of a number of regulatory changes introduced last month will come over time and are “not ‘set
ASIC has estimated that around $25 million will be recovered from the advice sector for the 2020-21 financial year.
ASIC and the ATO have successfully engaged with 21 directors across the 2020-21 financial year as part of ASIC’s Phoenix Surveillance Camp
ASIC has moved to shut down an unlicensed investment scheme, involving over 60 SMSFs, that is suspected to be engaging in unlawful activity
ASIC has banned a Queensland-based adviser for three years for misappropriating advice and recommending clients to invest a large percentage
ASIC has taken court action against a timeshare company for providing poor financial advice outcomes to clients.
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