FINANCIAL SERVICES BUSINESS
Financial planning
ASIC has accepted an enforceable undertaking (EU) from financial services business City Index Australia....
Accounting
LGH Holdings director and accountant Mark Ronald Letten will stand trial on more than 30 criminal charges in relation to property holdings and development of real propert...
Financial planning
After defrauding her clients of more than $3.6 million over eight years, Melinda Scott received a 25-year ban from the financial services industry....
Financial planning
The operators of three unlicensed financial services businesses have had their bank accounts frozen and been prevented from carrying on their activities after the Austral...
Financial planning
ASIC's 2011/12 annual report has outlined the amount of surveillance and enforcement action the regulator completed in the financial advice sector in the past year....
Financial planning
Mortgage Choice has opened a financial planning business which will commence initial operations next month and aims to have 60 advisers within three years....
Financial planning
A former company director will serve six months jail time after pleading guilty to defrauding investors. ...
Financial planning
ASIC will distribute $81,500 to investors duped by a cold-calling scam....
Financial planning
A former director of a purported investment company has pleaded guilty to three criminal charges following an Australian Securities and Investments Commission investigati...
Superannuation
Energy Industries Superannuation Scheme has decided to sell its administration business, FuturePlus....
Financial planning
It is highly unlikely that 37 investors who lost approximately $680,000 in a Gold Coast-based investment scam will ever recover their money, according to ASIC....
Financial planning
ASIC has obtained declarations and orders in the South Australian Registry of the Federal Court against Australia AFT Finance Markets....
Financial planning
A former senior financial adviser has been convicted and sentenced by the Sydney District Court after ASIC found that he used client funds to fuel a gambling addiction....
Financial planning
Investors are being warned by the Australian Securities and Investments Commission of a Gold Coast based unlicensed financial services business operating under the name o...
Financial planning
AMP has reported a profit decline but believes its merger with AXA is on track to deliver efficiencies....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...