licence cancellation

Financial planning

ASIC slaps AFSL cancellation on Qld firm

The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016....

Financial planning

A busy Q1 for ASIC advice action

As the first quarter of 2024 comes to a close, Money Management looks back on the corporate regulator’s bans and AFSL cancellations in the financial advice sector....

Financial planning

From 100 to 0: NextGen loses final advisers

NextGen Financial Group has bid farewell to its remaining financial advisers following ASIC’s cancellation of its AFSL, contrasting the firm’s peak of over 100 advisers i...

Financial planning

ASIC ends 2021 with disciplinary blitz

The Australian Securities and Investments Commission ended 2021 with a raft of fines, bannings, licence cancellations, and a bankruptcy notice....

Financial planning

AR banned, advice firm’s AFSL cancelled

Frederick Ackerman has been banned by the corporate watchdog for four years and the advice firm he was an authorised representative of, Pure Strategy, had its licence can...

Policy & Regulation

Two firms see AFS licences cancelled

Two financial services firms have had their licences cancelled by the corporate regulator for failing to submit audited accounts and meet licensee obligations. ...

Financial planning

ASIC cancels three Qld-based licences

FS Securities, Your Super Life, and MyPlanner Australia have all had their Australian financial services licenses cancelled....

Financial planning

ASIC cancels AFS licence of KP International Group Australia

The Australian Securities and Investments commission has cancelled the Australian financial service licence of KP International Group Australia due to resignation of all ...