Financial Planning

Property investors lose hundreds of thousands of dollars through unregulated real estate advice

Property investors lose hundreds of thousands of dollars through unregulated real estate advice

“We know that property prices go up and they go down, we know that superannuation should be a diversified portfolio, so across a spread of different assets, and if you're holding a single asset in your retirement fund then you are exposing yourself to significant risk.”

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

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.

FORMER AON HEWITT ADVISER SERVED WITH TWO-YEAR BAN

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.

Royal Commission case study sparks Asic court action

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.

ASIC bans financial adviser for 4 years

ASIC bans financial adviser for 4 years

ASIC has banned financial adviser Mr Graeme Ashley Cowper, of Oatley, NSW, from providing financial services for 4 years after an investigation found he was not adequately trained or competent to provide financial services.


ASIC permanently bans former NAB financial adviser

ASIC permanently bans former NAB financial adviser

ASIC has permanently banned Mr Max Kiattisak Eung (also known as Kiattisak Eungpongpan), of Tempe, New South Wales from providing financial services and engaging in credit activities.

ASIC permanently bans former Perth insurance broker

ASIC permanently bans former Perth insurance broker

ASIC has permanently banned Perth insurance broker, Mr Antonino Gucciardi, from the financial services industry for misleading, deceptive and dishonest conduct.

ASIC permanently bans former authorised representative Michael Taylor from providing financial services

ASIC permanently bans former authorised representative Michael Taylor from providing financial services

ASIC has permanently banned Queensland financial adviser Mr Michael Gordon McIlwraith Taylor from providing financial services. Mr Taylor was an authorised representative of Morgans Financial Limited from 10 March 2004 until 21 September 2015.

Fees for No Service

Fees for No Service

The Royal Commission is gaining a lot of momentum due to the misconduct by financial advisors around Australia. Our consumer advocate Bernie Ripoll is here to discuss the Royal Commission and what to do in the case that you were charged “fee’s for no service.” 

ASIC bans former Suncorp Financial Services financial adviser for four years

ASIC bans former Suncorp Financial Services financial adviser for four years

ASIC has banned Queensland financial adviser Gerald Grubwinkler from providing financial services for four years. ASIC found that Mr Grubwinkler failed to act in his clients' best interests when providing advice on superannuation and insurance.