Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Intertax Group sent to court

australian-securities-and-investments-commission/

31 July 2006
| By Sara Rich |

The Australian Securities and Investments Commission (ASIC) has requested orders against the Intertax Group in respect of an alleged unregistered managed investment scheme.

The scheme was allegedly conducted by David Palmer, Max Collins, Philip Trudgeon and companies related to them.

Gerald Collins and Matthew Joiner of chartered accountants Jefferson Collins Joiner have been appointed as investigative accountants to review the scheme and file a report with the Supreme Court of Queensland within 21 days.

ASIC’s application has been listed for hearing at trial on August 24 and 25.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 2 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

2 days 9 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 5 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND