Financial

Enforceable undertaking excludes Queensland financial adviser for five years

Enforceable undertaking excludes Queensland financial adviser for five years

ASIC has accepted an enforceable undertaking (EU) from former Hart Ensole Pty Ltd representative, Dean Hartmann, after it was found that he failed to meet his financial advice obligations when dealing with his clients.

WARNING! Potential SMSF Investors At Risk

WARNING! Potential SMSF Investors At Risk

Self-Managed Super Fund (SMSF) investors need to be made aware of a scheme that is being promoted across the country. Investors are being advised to borrow to buy off-the-plan property, misleadingly offering high rewards and promising little to no risk.  For many, this has ended in unnecessary financial losses.

Former Victorian financial adviser banned for forgery

Former Victorian financial adviser banned for forgery

The Australian Securities and Investment Commission (ASIC) has permanently banned financial adviser Koresh Daniel Houghton from providing financial services because he had engaged in misleading, deceptive and dishonest conduct and failed to act in his clients' best interests when providing advice.

John Dimitropoulos permanently banned by ASIC from financial services and credit in connection with property and SMSF spruiking

John Dimitropoulos permanently banned by ASIC from financial services and credit in connection with property and SMSF spruiking

Mr Dimitropoulos' banning arises from ASIC's ongoing investigation into a property and self-managed superannuation fund (SMSF) promoting group, which includes the companies formerly called Heritage Financial Solutions Australia Pty Ltd (in liq) (Heritage Financial Solutions) and Sunpac Finance Pty Ltd (Sunpac Finance).

ASIC has banned Daniel Gerard Manley from providing financial services for five years.

ASIC has banned Daniel Gerard Manley from providing financial services for five years.

ASIC has banned Daniel Gerard Manley from providing financial services for five years.

ASIC bans Queensland financial adviser Travis Byron McLean

ASIC bans Queensland financial adviser Travis Byron McLean

The Australian Securities and Investment Commission (ASIC) has banned financial adviser Travis Byron McLean from providing financial services for a period of five years.

ASIC permanently bans Gold Coast financial adviser Mr Satvir Singh Birk

ASIC permanently bans Gold Coast financial adviser Mr Satvir Singh Birk

ASIC has permanently banned Gold Coast based financial adviser Mr Satvir Singh Birk from providing financial services.

ASIC bans former Magnitude Group adviser

ASIC bans former Magnitude Group adviser

The Australian Securities and Investment Commission (ASIC) has banned Perth financial adviser Jason Sean Atkins from providing financial services for a period of three years.

Former property developer Craig Gore arrested and charged

Former property developer Craig Gore arrested and charged

Mr Craig Kirrin Gore has appeared in the Brisbane Magistrates' Court after being arrested and charged with 15 offences following an ASIC investigation.

New professional standards board welcomed

New professional standards board welcomed

The new Financial Adviser Standards and Ethics Authority has today named its board of directors, in a move welcomed by the SMSF Association.