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Financial planning

The Federal Court has ordered the freezing of assets and the appointment of receivers to two entities linked to Australian Fiduciaries, ASIC’s latest move in an ongoing i...

Financial planning

A Supreme Court of Western Australia jury has issued its verdict regarding unregistered MIS operator Chris Marco, who was on trial for 43 fraud charges, with ASIC stating...

Financial planning

A former financial adviser has been charged over dishonest conduct, having allegedly encouraged individuals to acquire shares in his firm’s robotic trading technology, re...

Financial planning

Former executive chairman of failed stockbroker BBY, Glenn Rosewall, has been charged with aiding, abetting, counselling or procuring BBY’s dishonest conduct in relation ...

Financial planning

ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches....

Financial planning

Disgraced adviser Joshua Fuoco described himself as the “biggest monkey” at AFSL Group and provided financial advice via WhatsApp, all while being banned for 10 years, co...

Funds management

AMP has announced to the ASX that it is being sued by property fund manager Dexus regarding the sale of its real estate and domestic infrastructure equity business....

Financial planning

The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets....

Financial planning

Advice licensee Count has seen an appeal filed to a class action against it which was dismissed earlier this year....

Financial planning

ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors....

Financial planning

The former chief executive of failed stockbroker BBY has been charged in relation to the alleged dishonest conduct of the firm....

Financial planning

The director of Ascent Investment and Coaching, Michael Dunjey, has been charged with 33 criminal offences. ...

Financial planning

ASIC has cancelled the AFSL of global advisory group Brite Advisors after compensation was paid to an individual by the Compensation Scheme of Last Resort....

Financial planning

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

Financial planning

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

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MARKET INSIGHTS

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

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

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

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

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

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