ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches....
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...
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....
The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets....
Advice licensee Count has seen an appeal filed to a class action against it which was dismissed earlier this year....
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors....
The former chief executive of failed stockbroker BBY has been charged in relation to the alleged dishonest conduct of the firm....
The director of Ascent Investment and Coaching, Michael Dunjey, has been charged with 33 criminal offences. ...
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....
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...
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December. ...
ASIC was active in the first quarter of 2025 with several financial adviser bannings and court action, while the FSCP also handed down outcomes to advisers....
The Federal Court has made orders freezing the assets of an individual allegedly associated with marketing Shield and First Guardian Master Funds. ...
The Federal Court has made interim orders to freeze the assets of a managed investment scheme, its responsible entity, and a director....
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...