Skip to content
22 May 2013
The director of a national financial services company has been permanently banned by the Australian Securities and Investments Commission (ASIC).
The regulator says the decision to ban Dennis Cardakaris, a director of Sydney-based Morrison Carr Financial Services, from providing financial services and engaging in credit activities stems from its concern that he is “not of good fame and character”.
ASIC also cancelled the company’s Australian financial services licence and Australian credit licence.
Morrison Carr provided financial planning and credit advice nationally through a network of 42 authorised representatives and seven credit representatives. ASIC says they will be asked to inform their clients of the licence cancellation.
An application to the Administrative Appeals Tribunal for a review and stay of the ruling against Morrison Carr was withdrawn, although Mr Cardakaris retains the right to seek a review of his own ban.
ASIC Commissioner Peter Kell says Mr Cardakaris “was someone with a lot of experience in the financial services industry who should have known his responsibilities”.
15 May 2013
Do you have excellent customer service skills, experience in the administration field and have general insurance knowledge? Then we are looking for you!
8 May 2013
Extremely strong aggregating brand I Warm referrals I Manage existing relationships
6 May 2013
Full-time position I Great team environment I Bring your knowledge and skills to a company who values expertise
29 April 2013
An exciting opportunity exists to join Willis at the Sydney practice as an Account Manager, providing risk management and insurance advice to a broad range of insolvency practitioner clients.
23 April 2013
We are seeking a dynamic individual to lead a team of 170+ employees, delivering exceptional claims services to a range of customers nationally, while maintaining a focus on service standards, efficiency and effectiveness.
23 April 2013
This position offers a pathway smf training for the right person seeking a rewarding career in a specialty field within general insurance broking.