POWERED BY MOMENTUM MEDIA
LIQUIDATION
Financial planning
NextGen Financial Group has formally entered into liquidation after losing a Federal Court case regarding an unpaid $270,000 Australian Financial Complaints Authority det...
Financial planning
The financial advice dealer group is in the process of liquidation and deregistration, Sequoia has confirmed, as the parent company seeks to achieve operational and cost ...
Funds management
The Federal Court has ordered managed investment scheme operator, PE Capital Funds Management, into liquidation due to operating schemes without a licence....
Policy & Regulation
Sydney-based financial planning firm Jade Private Wealth has entered into receivership....
Financial planning
ASIC has cancelled the AFSL of liquidated firm, Aquaint Capital, the responsible entity for Aquaint Income Fund....
Financial planning
ASIC has cancelled Sovereign MF’s AFSL as liquidators are in the final stages of winding up its schemes....
Policy & Regulation
A Sydney-based liquidator has had his registration cancelled by the liquidator board for neglecting his duties on several occasions. ...
Financial planning
An application from ASIC has led to two developer companies facing liquidation for knowingly partaking in schemes that led to misappropriation of investors’ funds. ...
Funds management
Creditors have voted unanimously in favour of liquidating four of the 10 BBY companies, with two to be dealt with under a Deed of Company Arrangement. ...
MARKET INSIGHTS
Never miss the latest news and developments in wealth management industry
Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...