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ASIC bans former MWL Financial Services adviser David Lofthouse for three years

The Australian Securities and Investments Commission (ASIC) has banned Melbourne-based financial adviser David Lofthouse.

ASIC has banned Melbourne-based financial adviser Neil McPherson from providing financial services.

ASIC has cancelled the Australian Financial Services licence of MWL Financial Services Pty Ltd .

ASIC has banned two former financial advisers of MWL Financial Services Pty Ltd (MWL) from providing financial services.