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LIQUIDATION
Financial planning
Administrator Deloitte has shared how much Shield Master Fund investors could receive in estimated returns if the scheme is successfully wound up. ...
Financial planning
Court details show the extent of an “advice model” run by United Global Capital that justified its winding up earlier this month....
Financial planning
A victim of NextGen Financial Group has received a payment from the CSLR after the company's liquidation but the total falls short of their $270k unpaid AFCA determinatio...
Financial planning
Two former United Global Capital advisers, which entered into liquidation earlier this month, have commenced at a new licensee, while overall adviser numbers have fallen ...
Financial planning
A Melbourne financial advice firm has been put into liquidation by the Federal Court, and an appeal against its AFSL cancellation has been dismissed....
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. ...
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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....