Royal Commission
Tupicoffs
Hon. Bernie Ripoll on the Royal Commission

Consumer Advocate Bernie Ripoll on the Banking Royal Commission.

Hon. Bernie Ripoll on the Royal Commission
Media Release, Bad Financial Advice
Tupicoffs
MEDIA RELEASE: Royal commission not the answer ...

The Turnbull government’s Royal Commission is putting the financial services industry under the spotlight, with many people wondering what to do if they have been a victim of bad financial advice. 

MEDIA RELEASE: Royal commission not the answer to recovering lost investments
Media Release, Financial Planning
Tupicoffs
MEDIA RELEASE: What To Expect From Your ...

With the Royal Commission into the banking sector confirmed, it’s refreshing to know some financial industry professionals still put their clients’ interests first.

MEDIA RELEASE: What To Expect From Your Financial Planner

financial services

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ASIC slaps 7-year ban on financial adviser

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ASIC slaps 7-year ban on financial adviser

The review found that Mr Shapter provided inappropriate switching advice by recommending that clients switch out of their existing superannuation and insurance products, and into higher fee-paying products. 

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ASIC permanently bans former NSW financial adviser Nicholas Ellis

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ASIC permanently bans former NSW financial adviser Nicholas Ellis

ASIC has permanently banned former financial advisor Nicholas Ellis, of Valentine, NSW, from providing financial services and engaging in credit activities.

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ASIC bans ex-NAB, AMP financial planner David O'Brien

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ASIC bans ex-NAB, AMP financial planner David O'Brien

Northern NSW-based financial adviser David Allen O’Brien has been banned from providing financial services for four years following surveillance by the Australian Securities and Investments Commission.

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Adviser, Lawrence, O'Neill, banned by ASIC for five years

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Adviser, Lawrence, O'Neill, banned by ASIC for five years

The surveillance relates to the period in which Mr O’Neill was an Authorised Representative of Godfrey Pembroke and Wealthsure Financial Services. ASIC found that he failed to comply with financial services laws and wasn’t adequately trained.

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How CHOICE supporters fought for essential consumer protections against the financial services industry

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How CHOICE supporters fought for essential consumer protections against the financial services industry

In 2019, the industry still receives $2 billion each year in these dodgy commissions – for doing no work. But from 2021, these will finally be banned too.

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Ex-Westpac, Commonwealth FP adviser, Peter XU, banned

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Ex-Westpac, Commonwealth FP adviser, Peter XU, banned

The Australian Securities and Investments Commission (ASIC) has banned Peter Jianchao Xu for five years from providing financial services following surveillance.

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Perth Adviser Banned for Four Fears

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Perth Adviser Banned for Four Fears

The Australian Securities and Investments Commission (ASIC) has banned Perth-based financial adviser, Lawrence O’Neill, from providing financial services for a period of four years.

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Former financial adviser in court on dishonesty charges of $1.865 million

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Former financial adviser in court on dishonesty charges of $1.865 million

Graeme Walter Miller, former director of Australian financial services licensee CFS Private Wealth Pty Ltd and also CFS Corporation Pty Ltd (CFS), has been charged with dishonesty offences totalling $1.865 million.

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FORMER AON HEWITT ADVISER SERVED WITH TWO-YEAR BAN

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FORMER AON HEWITT ADVISER SERVED WITH TWO-YEAR BAN

ASIC has banned a former authorised representative of Aon Hewitt Financial Advice from providing financial services for a period of two years.

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Royal Commission case study sparks Asic court action

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Royal Commission case study sparks Asic court action

The Australian Securities and Investments Commission (Asic) has started Federal Court action against New South Wales-based RI Advice Group and former financial adviser John Doyle.