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ASIC BANS
Financial planning
The Australian Securities and Investment Commission has suspended the license of New South Wales financial services firm, Divitiarum Audax Pty Limited....
Financial planning
The former directors of Avestra Asset Management Ltd, Paul Rowles and Clayton Dempsey, have been disqualified from managing corporations and providing financial services....
Financial planning
Stuart Arnold-Levy and David Heycock have been banned from providing financial services after an ASIC investigation....
Financial planning
A formerly-convicted South Melbourne resident had again been convicted yesterday in court for operating a financial services business without a license....
Life/Risk
Infamous Brisbane developer, Craig Gore has been arrested and charged with 15 offences after an Australian Securities and Investments Commission investigation....
Policy & Regulation
Melbourne’s NGS Services has become the first licensee successfully prosecuted for a breach of the Future of Financial Advice regime....
Financial planning
A bankrupt Melbourne-based insurance broker has been banned by ASIC after he engaged in dishonest conduct as the general manager of Phil Doring Insurance Brokers....
Financial planning
The Australian Securities and Investments Commission has issued 350 hours of community service to a Sydney-based man for dishonest conduct....
Financial planning
ASIC has banned a Sydney adviser and representative of Brisbane-based Protect Ensure from providing financial services for three years for misleading and deceiving client...
Financial planning
ASIC has banned a former Westpac financial adviser from providing financial services for eight years after finding cases of inappropriate advice provided to clients....
Financial planning
ASIC has banned a former AMP Financial Planning authorised representative from providing financial services for eight years after finding he had engaged in forgery and mi...
Policy & Regulation
CommSec has released a statement following a $200,000 fine from the Australian Securities and Investments Commission....
Financial planning
ASIC has permanently banned former NSW financial adviser, Ashley Grant Howard, after a lengthy investigation....
Financial planning
ASIC has permanently banned a former Queensland authorised representative of an insurance product distributor after being sentenced for fraud and stealing....
Superannuation
ASIC has disqualified an SMSF auditor who audited a fund of which he was a member and trustee....
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...