Thanks ASIC for clearing that up... I'm not even going to pretend that none of us thought it was a financial adviser who was being banned!!

So, I'm guessing that actual "licensed financial advisers" won't have at least one of those issues to be concerned about, and the rest of us (I expect) don't steal funds from clients...

I think the lesson we can learn from this is that ASIC can be more deceptive than some of their victims when reporting their actions.