• subs-bellGet the latest news! Subscribe to the ifa bulletin

Bankrupt risk adviser banned by ASIC

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. 

Bankrupt risk adviser banned by ASIC
ifa logo

Comments powered by CComment