Stockfox on the run and other financial advice provider tales

Stockfox on the run and other financial advice provider tales
Officials may soon be getting tougher on the unfortunate side of the financial advice industry. (Image: Getty)
David Chaplin
Many moons ago, in a paper-based universe, I was responsible for filling 24 to 52 pages, sometimes more, each week with stuff about the Australian financial planning sector.News was sometimes hard to come by, but we could always count on the Australian Securities and Investments Commission (Asic) to liven up a dead week with a banned financial adviser or two.Asic is still at it.Last month, for example, the Australian regulator churned out five adviser-pinging press releases including the late May note headlined ‘Former Queensland financia...

More Law & Regulation

Power bills confusing and difficult to compare
Law & Regulation

Power bills confusing and difficult to compare

A voluntary code has not done enough to change poor billing by retailers.

Smaller lenders eye prudential requirements in RBNZ review
Finance

Smaller lenders eye prudential requirements in RBNZ review

NBDTA proposed a total capital ratio of 10.5% of risk-weighted assets.

Andy Macdonald 10 Oct 2025
Manuka Doctor trademark appeal dismissed
Law & Regulation

Manuka Doctor trademark appeal dismissed

One judge dissented, saying he would have allowed the appeal.

John Anthony 10 Oct 2025
Smiths City owes creditors $26.8m
Retail

Smiths City owes creditors $26.8m

The outlook for unsecured creditors of the former retail icon Smiths City appears bleak, as liabilities have mounted to more than $26.8 million.Liquidators for the century-old retailer stated in their initial report that 240 creditors were owed money by the company, as reported b...

Staff reporters 09 Oct 2025