In a statement issued today, ASIC announced that Alistair Frank McCreath, an authorised representative of Australian Life Insurance Distribution Pty Ltd, has been banned from providing financial services for 8 months after becoming an “undischarged bankrupt”.
“The ban is lifted when Mr McCreath’s bankruptcy ends”, the statement said.
More to come.
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Not sure that these kind of announcements actually add any value, particularly as its an industry rag and is it really in the public interest.
Well
that will obviously help him trade his way out of difficulties. No income-