COURT

Funds management

The collapse of MFS Group and the Premium Income Fund had its corollary in the Queensland Supreme Court today with the five most senior executives suffering long disquali...

Financial planning

ASIC has commenced proceedings against Wealth and Risk Management (WRM), and related companies Yes FP and Jeca....

Financial planning

A former Sydney financial adviser was permanently banned from providing financial services after pleading guilty to three charges of dishonesty, and creating false docume...

Financial planning

A class action against Sandhurst Trustees, related to its oversight of Wickham Securities, will reach the courts with a first hearing date set for late July....

Superannuation

Former CommInsure managing director, Peter Beck, has won a 10-year legal battle with the Commonwealth Bank over his multi-million dollar defined benefit pension entitleme...

Financial planning

Banned Queensland-based planning principal, Bradley Thomas Sherwin, will face 34 charges relating to fraud following an ASIC investigation....

Superannuation

Federal Court has permanently banned Gold Coast businessman, Craig Gore, from providing financial services over misuse of more than $4 million raised from SMSFs....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 3 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

6 days 5 hours ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 2 days ago