The Australian Securities and Investments Commission has banned a Queensland-based insurance-specialist financial adviser for a period of nine months.
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.
The government has flagged it may look at extending regulatory provisions for sc...
New data from Roy Morgan has shown despite overall superannuation fund satisfact...
S&P has lowered its ratings across two AMP group entities after the sale of ...
Get the latest news! Subscribe to the ifa bulletin
Get notifications in real time and stay up to date with content that matters to you.
