ASIC

Financial planning

A significant number of funds management groups missed the June 30 deadline for lodgement of trustee retirement notices under the Managing Investments Act (MIA), accordin...

Financial planning

Fraudulent adviser gets six years

Former Financial Wisdom financial adviser Stuart John Forsythe has been gaoled for six years by the Newcastle District Court on 33 Aus-tralian Securities and Investment C...

Financial planning

Auditor forced to deregister

Auditor Michael Charlton is the latest casualty of the ASIC's con-tinuing investigations into Feldworth Financial Services and the failed investment vehicle EC Consolidat...

Financial planning

Are we simply too wrapped up in wraps?

Australia's financial services watchdog has just handed down its vi-sion of how wrap accounts should be regulated. ...

Financial planning

Multi-agent restrained from deceptive conduct

A Melbourne-based insurance multi-agent has been restrained from engaging in any further misleading or deceptive conduct in connection with any financial services he supp...

Financial planning

FPA lambasts ASIC over wrap

The FPA has objected to the high financial criteria proposed by ASIC for licence holders of wrap accounts. ...

Financial planning

Watchdog gives Melbourne broker six of the best

Former Melbourne-based broker Allan Edward Gooderham has been banned from acting as a securities dealer representative or investment adviser for six years and has agreed ...

Funds management

Fund management groups miss deadline

A significant number of funds management groups missed the June 30 deadline for lodgement of trustee retirement notices under the Manag-ing Investments Act (MIA), accordi...

Financial planning

ACS banks on a clearance bonanza

Financial planners could be selling equities without having to go through a broker within the next 12 months....

Financial planning

ECCCL failure claims third adviser

A third Adelaide-based financial adviser has been banned by ASIC in relation to the failed investment vehicle EC Consolidated Capital Limited (ECCCL)....