Adviser jailed on charges brought by ASIC
A Perth-based financial adviser who allegedly stole $48,000 from a client was today sentenced to a one-year jail term on charges brought by the Australian Securities and Investments Commission (ASIC) and the Western Australia Police Major Fraud Squad.
Annemieke De Boer, who was the managing director and authorised representative of Centro Financial Synergy Group, pleaded guilty to the charge.
ASIC permanently banned De Boer from providing financial services in September last year and alleged that in November 2005, De Boer stole the money from her client, who had requested that the funds be applied to a particular investment.
Recommended for you
The prospect of a takeover of Insignia Financial still remains up in the air as remaining bidder CC Capital bides its time on making a final offer.
Adviser losses look to be slowing down after the EOFY, with FY26 adviser gains now almost balancing out the losses from the previous financial year.
The government has opened a consultation on sustainable investment product labelling by fund managers to help advisers make informed decisions on investing responsibly.
Platform-based superannuation funds are beating out industry fund models when it comes to adviser satisfaction, with service quality playing a key role in advisers’ decision-making.
