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Financial planning
An associated company of Westpoint, Cinema City Mezzanine, is facing liquidation in the Federal Court of Australia as ASIC commences proceedings to wind up the company....
Financial planning
A senior Westpoint director has accused auditor KPMG of already knowing about the failed developer’s problems before ticking-off its reports....
Financial planning
The Federal Court of Australia in Perth has granted an application by the Australian Securities and Investments Commission and issued interim asset freezing orders agains...
Financial planning
Two men alleged to have sold risk insurance without holding an Australian Financial Services Licence failed to attend a scheduled Federal Court appearance in Perth yester...
Financial planning
A number of companies connected with an unregistered management investment product are now the subject of Federal Court restraining orders following legal action by the A...
Financial planning
Westpoint administrator PBB has predicted it will take years to complete its investigations into the failed developer....
Financial planning
Liquidators have been appointed to wind up Westpoint Corporation following an application by ASIC to have the company shutdown on grounds of insolvency....
Financial planning
Managed investment scheme promoters who exploit the tax system will be open to civil penalties in the Federal Court if a new bill is passed....
Financial planning
ASIC is again cracking down on Westpoint Group, filing an application in the Federal Court in Perth for the winding up and appointment of a provisional liquidator to a re...
Financial planning
The Australian Consumers’ Association has echoed the sentiments of ASIC by calling for tighter controls over the mortgage broking industry in light of the proliferation a...
Financial planning
ASIC has launched Federal Court action against the directors of a failed Victorian vendor of equity release products that put the financial security of at least 120 inves...
Financial planning
An adviser who sought to encourage people into self-managed superannuation funds by helping them locate lost super accounts has been convicted in the Federal Court and or...
Financial planning
A Perth financial adviser who misused $200,000 of clients’ funds has been banned permanently from providing financial services by ASIC....
Financial planning
An Adelaide-based managed investment scheme that allegedly owes at least 78 investors about $56 million has been placed in receivership by order of the Federal Court....
Superannuation
A self-managed superannuation fund adviser, who allegedly recommended consumers with as little as $8,000 in superannuation set up self-managed funds and then charged them...
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So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...