How an adviser gambled $3.4m of his clients’ cash

Gavin-Fineff/fraud/gambling/

| By James Mitchell |

Financial planner, Gavin Fineff, used his position as a trusted adviser to swindle a dozen victims and feed an insatiable gambling addiction that ultimately landed him in prison last week.

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Gavin Fineff

fraud

gambling

AUTHOR

James Mitchell

James Mitchell is a senior financial services reporter with over ten years experience. He has covered the Murray Inquiry, the Hayne royal commission and the evolution of Australia's financial intermediary sectors since 2011, with a focus on banking, superannuation, mortgages and wealth management.

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AIA Australia introduces incentives for healthy behaviours

Premium-Content/

| By partnerarticle |

Life/Risk

AIA Australia has taken the next step in its pursuit of healthier, longer, better lives for all Australians, wit

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Premium Content

AUTHOR

Partner Article

Our partner businesses are invited to pen articles that offer unique insight from within the industry for the benefit of our readers. If you read something you would like to learn more about you can contact our partners direct or we are happy to put you in touch.

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Treasurer confirms inflation peak

inflation/ABS/RBA/State-Street/VanEck/Jim-Chalmers/

| By Laura Dew |

Funds management

The Treasurer has confirmed inflation has “passed its peak”, as data shows CPI inflation fell in the 12 months to the March quarter.

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AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Regulation and risk collide: Managing information as an AFSL

law/legal/Holley-Nethercote/cyber-security/

| By Industry |

Expert Analysis

With the recent spate of data breaches now extending to the financial services industry, AFSLs are racing to ensure that their information management procedures are up to scratch, writes Samantha Hills.

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AUTHOR

Court orders liquidation of Ascent Investment and Coaching

ASIC/federal-court/Ascent-Investment-and-Coaching/

| By Laura Dew |

Financial planning

The Federal Court has ordered Michael Dunjey’s Ascent Investment and Coaching Pty Ltd and its unregistered managed investment scheme, which owe $149 million to clients, be wound up.

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ASIC

federal court

Ascent Investment and Coaching

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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TAL Risk Academy announces new ethics training module

ethics/TAL/CPD/

| By Rhea Nath |

Financial planning

TAL will deliver a learning program focused on the Code of Ethics that will count towards advisers’ CPD requirements, as part of its ‘Ethics Month’.

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ethics

TAL

CPD

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

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BetaShares strengthens adviser services team

BetaShares/hires/

| By Rhea Nath |

People & Products

Two senior executives have been appointed to lead BetaShares’ distribution and client service efforts across Western Australia, Tasmania, South Australia, and Victoria.

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BetaShares

hires

AUTHOR

Rhea Nath

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What was the March quarter inflation?

inflation/ABS/

| By Laura Dew |

Funds management

The Australian Bureau of Statistics has revealed the latest CPI inflation figure for the March quarter of 2023 and whether it has fallen from last quarter’s 30-year high.

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inflation

ABS

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Former Qld adviser imprisoned after $625k SMSF fraud

ASIC/SMSF/fraud/

| By Laura Dew |

Financial planning

A former Sunshine Coast adviser has been sentenced after pleading guilty to nine counts of fraud totalling $625k by withdrawing funds without authorisation from his clients’ SMSF accounts.

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ASIC

SMSF

fraud

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Australia ahead on the Western inflation curve

interest-rates/inflation/HSBC/RBA/

| By Jasmine Siljic |

Funds management

Due to the nation’s sensitivity to the global economy, Australia could be leading Western central banks in the race against inflation.

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AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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How an adviser gambled $3.4m of his clients’ cash

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AIA Australia introduces incentives for healthy behaviours

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Treasurer confirms inflation peak

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Regulation and risk collide: Managing information as an AFSL

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Court orders liquidation of Ascent Investment and Coaching

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TAL Risk Academy announces new ethics training module

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Rhea Nath

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BetaShares strengthens adviser services team

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What was the March quarter inflation?

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Former Qld adviser imprisoned after $625k SMSF fraud

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Australia ahead on the Western inflation curve

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