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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Escala looks to national expansion one year on from Focus deal

Escala looks to national expansion one year on from Focus deal

High-net-worth specialist advisory Escala is looking to expand beyond Sydney and Melbourne to become a national brand, a year on from a restructuring of the business by US-based Focus Financial Partners.

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