A former Dover and Interprac financial adviser who was found to be unfit to operate in the industry in any capacity was permanently banned by the regulator.
The corporate regulator handed down a six-year ban from providing financial services to a Melbourne-based financial adviser for failing to provide appropriate advice.
The corporate regulator has banned Melbourne-based financial adviser Ashok Sherwal from providing financial services for six years after giving inappropriate advice for his personal gain.
ASIC has banned a Melbourne adviser for six years after he was found to have provided inappropriate advice which left clients superannuation balances "significantly eroded."