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Financial planning
A former WealthSure planner who has been ordered to pay $1.7 million in damages to a client is unlikely to pay the claim after he declared himself bankrupt....
Financial planning
Bradley Thomas Sherwin, the bankrupt chairman of Wickham Securities, has been banned from the financial services industry for more than two and a half years....
Funds management
ASIC has placed interim stop orders on the product disclosure statements (PDSs) and associated advertising of two investment schemes of which Trilogy Funds Management is ...
Financial planning
New Deloitte research reveals the increasing use of remuneration clawbacks for financial services executives but not for the upper-most echelon of management....
Superannuation
ASIC’s SMSF taskforce finds some disturbing features within low-balance SMSFs....
Financial planning
ASIC has accepted an enforceable undertaking from WA-based dealer group WealthSure, with former CEO Darren Pawski banned from the industry....
Financial planning
A US-based online brokerage has ceased providing new margin loans to its Australian clients following an investigation into the conditions of its AFSL....
Financial planning
The latest ASIC Market Supervision Report reveals practices amongst securities dealers which might make a planner blush. ...
Financial planning
An Investment Trends survey conducted two months before FOFA came into effect revealed only 23 per cent of financial planners felt ready....
Financial planning
ASIC will continue its crackdown on the mis-selling of hybrid securities. ...
Financial planning
Credit Union Australia (CUA) has agreed to maintain interest rate discounts for eligible home loan customers after concerns were raised about misleading advertisements. ...
Financial planning
ASIC is proposing to step away from approving training courses for financial advisers, leaving it to education providers to self-assess their own courses....
Financial planning
Former Lionsgate representative permanently banned....
Financial planning
Synchron’s John Prossor claims a repeat of the AFS brokerage losses can be avoided by paying advisers without delay....
Funds management
BOQ hit by $34.5 million in refunds to 4 per cent of its customer base....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...