The Pawski EU

An enforceable undertaking (EU) obtained from Darren Pawksi by ASIC provides that he cannot:

■ exercise or attempt to exercise any influence over WealthSure or WealthSure FS’s shareholders or new senior executives;
■ provide financial services;
■ have any involvement or exercise any influence in key decisions of an AFS licensee;
■ take part in the management of any AFS licensee;
■ have any involvement or exercise any influence in any key decision-making by WealthSure, as it relates to credit activities; or
■ take part in the management of WealthSure or WealthSure FS, as it relates to credit activities.

Source: ASIC

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When simplicity becomes the ultimate sophistication

When simplicity becomes the ultimate sophistication

Vanguard Australia head of financial adviser services Rachel White, Family Wealth Advisory founder Michael Bova and Aequitas Investment Partners joint chief investment officer Rowan Stewart discuss the whether lower-cost active options deliver value for money.

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