News and articles relating to the Australian Securities and Investments Commission (ASIC).
The Federal Court has handed down a 25 year ban from providing financial services, relating to the “misuse” of clients’ superannuation.
The Federal Court of Australia has restrained Graeme Walter Miller from providing financial services for 25 years, disqualified him from managing companies for three years, and wound up Australian Financial Services Licensee CFS Private Wealth Pty Ltd and its corporate authorised representative
Combined Financial Solutions Pty Ltd.
ASIC is taking court action against a firm and individual who, it is alleged, were recommending clients start SMSFs to invest in property and receiving “substantial commissions” from the builders while not having a financial service licence.Read More »ASIC takes court action to restrain SMSF property advice without licence