Latest news with #Tomkins
Cision Canada
07-05-2025
- Business
- Cision Canada
Decision Notice - CIRO Hearing Panel issues Reasons for Decision in the matter of Michael Rowland Tomkins Français
VANCOUVER, BC, May 7, 2025 /CNW/ - Following a settlement hearing held on March 25, 2025, pursuant to the Investment Dealer and Partially Consolidated Rules, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) issued its reasons for decision on April 29, 2025. The hearing panel's reasons for decision are available at: Re Tomkins 2025 CIRO 22 In their reasons for decision, the hearing panel found that Michael Tomkins engaged in business conduct or practice which is unbecoming or detrimental to the public interest by misappropriating client funds, and confirmed a fine of $1,000,000 and disgorgement of $1,270,396.50 imposed as part of the settlement. Additionally, Michael Tomkins is permanently prohibited from seeking approval in any capacity with CIRO and from employment in any capacity with a CIRO-regulated firm. Michael Tomkins will also pay costs of $10,000. At all material times, Michael Tomkins conducted business as a Registered Representative with Assante Capital Management Ltd. at a branch in Nanaimo, British Columbia. Michael Tomkins is not currently registered in the securities industry in any capacity. The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments. For more information, visit All information about disciplinary proceedings relating to current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO's website. Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service. Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322. CIRO investigates possible misconduct by its member firms and individual registrants. It can bring disciplinary proceedings which may result in sanctions including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms.
Yahoo
06-04-2025
- Business
- Yahoo
Tradie boss wages war on promise of $10,000-a-week pay fuelling apprentice dropout crisis
A tradie boss has exposed a disturbing social media trend contributing to the Australian apprenticeship exodus. There were roughly 2,000 fewer apprentices last year compared to 2023 and 25,000 fewer non-trade roles like labourers, according to the National Centre for Vocational Education and Research. Corey Tomkins, the head of a Brisbane-based carpentry and construction business, said there are many factors to blame for tradies dropping out. But he told Yahoo Finance one really riles him up. "If you jump on TikTok or other social media apps, there are so many guys preaching to get out of the trade," he said. Tradie boss's pay warning as $14,000 apprenticeship issue exposed: 'They get better money' Australians offered fresh $150 energy rebate from July 1 in $1.8b budget promise: 'Hip-pocket relief' ANZ, Macquarie Bank slash interest rates ahead of RBA call: 'Have cake and eat it' "They'll say, 'It's s**t, and it's s**t money and sign up to my course, and I'll show you how to make $10,000 a day'.' He said apprentices are already battling low wages in the cost-of-living crisis and believed claims made in these social media videos are very dubious. Some online spruikers, some of whom claim they used to be an apprentice or a tradie, suggest you can make thousands of dollars through affiliate marketing, appointment setting, day trading on the stock market, or through other means. They claim in some scenarios you only need to work a few hours a day and can be rolling in cash, compared to toughing it out in the heat on a construction feared it's encouraging many young-wannabe tradies to down tools forever in the hope of getting rich fast. "You're slapped in the face with it from 4:30am when you wake up, all the way until your head hits the pillow at 10pm with all these people just drilling in your head and showing you all this fake stuff," he told Yahoo Finance. "The hardest part for these guys now is the mental load that they have to withstand getting absolutely hounded across every platform telling them to leave their apprenticeship and go and earn better money sitting on the couch day trading." The Ideal Group Australia director said he constantly tells his team of 20 workers, half of whom are apprentices, to keep their heads down and not listen to what they see on social media. Tomkins admitted that apprentice salaries desperately needed an increase and called on the Fair Work Commission to raise the minimum pay rates. Wages will depend on which trade you pick as well as your age, but you could be pulling in as little as $13.58 per hour based on a 38-hour week, or $26,858 per year, in your first year. With the cost of rent, groceries, utility bills, and seemingly everything else increasing, the Queensland tradie said it's no wonder many apprentices are dropping out. He has heard stories of young apprentices bailing on their trade to earn $40 an hour as a security guard. While Tomkins wasn't dissing that as a job, he said there is far more career and salary progression by sticking through the hard times as an apprentice. "You'll just end up being in your mid-20s, jumping from job to job because you're letting all this stuff infiltrate what you originally set out to do," he said. "Whenever I get guys coming in, I really try to push it into their heads that you're not doing this to make a s**t-ton of money at the start. It's a career job. You learn the ropes, you stay in the game, you enjoy it, you work your way up, and eventually, you'll earn that better money." While you might only earn $13.58 per hour in your first year, that money gradually increases each year during your apprenticeship, and it goes up far more when you're fully qualified. For example, an apprentice electrician who hasn't finished high school and is under 21 will start on $14.62 per hour or $555.63 per week. That'll jump to $23.61 per hour in their fourth year or $897.27 per week. "It's actually a very, very, very rewarding thing to get into," Tomkins added. "Yes, it's hard, but everything that is worthwhile is hard." If you've seen videos from people on social media claiming they're pulling in $10,000 a week, take their advice with a grain of salt. "One of the most common misleading aspects of TikTok videos on affiliate marketing and drop shipping is the portrayal of these side hustles as 'easy money' ventures that require minimal effort," Mark Slack, career expert with told Yahoo Finance. "Many creators emphasise high earnings potential, often showing off screenshots of five-figure monthly incomes, but they tend to gloss over the challenges involved." Slack said their study found that 15 per cent of TikTok videos promoting side hustles "contained misleading or exaggerated claims" and affiliate marketing and drop-shipping were the top offenders. He said there is money to be made from some, but stressed that it's not as easy as some suggest. You might need to plunge more than 40 hours a week into the gig, and there's a possibility you might not make much money until months or even years after you start. The National Centre for Vocational Education and Research's data revealed there was a 7.1 per cent fall in the number of apprentices compared to 2023. There was also a 13.3 per cent dropout for female apprentices and trainees in training. Every state and territory suffered from the grim trend: NSW: Down 8.4 per cent since June 2023 Queensland: Down 4.7 per cent Victoria: Down 8.1 per cent ACT: Down 17.9 per cent Northern Territory: Down 4.8 per cent South Australia: Down 9.1 per cent Tasmania: Down 10.2 per cent Western Australia: Down 4.1 per cent
BBC News
29-03-2025
- Sport
- BBC News
Lomax drop gives St Helens thrilling win over Catalans
Betfred Super LeagueCatalans (10) 13Tries: Tomkins 2 Goals: Tomkins 2 Drop-goal: KearySt Helens (12) 14Tries: Sailor 2 Goals: Percival 2 Drop-goal: Lomax 2 Jonny Lomax kicked a late drop goal as St Helens edged Catalans Dragons 14-13 in a thrilling Super League clash in Sailor's quickfire brace put Saints up early before Les Dracs roared back as Sam Tomkins replied with two tries of his own to cut the deficit to two 36-year-old kicked a penalty to level the scores at 12-12 to set up a nervy finale before Lomax and Luke Keary traded late drop with the tension mounting and errors creeping in for both sides, Lomax kept his cool to slot over the winning drop goal with two minutes left to seal a first Saints win in France since to follow. Catalans: Tomkins, Makinson, Laguerre, Smith, Cotric, Fages, Keary, Partington, Whitehead, Sironen, Bousquet, Da Costa, Pangai Jr. Interchanges: Romano, Satae, Seguier, Helens: Welsby, Bennison, Robertson, Percival, Sambou, Sailor, Lomax (c), Walmsley, Whitley, Batchelor, Clark, Paasi, Wingfield, Jack Smith.
Yahoo
22-03-2025
- Sport
- Yahoo
Tomkins leads Catalans to comfortable win at Castleford
Betfred Super League Castleford (0) 4 Try: Senior Catalans (14) 26 Tries: Pangai Junior, Da Costa, Yaha, Tomkins Goals: Tomkins 5 Sam Tomkins led from the front in his first Super League game this season as Catalans Dragons cruised to victory over a poor Castleford Tigers side. Tomkins, who turns 36 on Sunday, contributed 14 points, with a try and five goals, as the French side made it three wins in a row in all competitions. Catalans coped far better with some atrocious conditions at the Mend-A-Hose Jungle to secure their first success in England this term. As well as Tomkins, tries came from Tevita Pangai Junior, Alrix Da Costa and Fouad Yaha as they picked up the two points to stay ninth in the table. But for Castleford, whose sole try came late on from Innes Senior, it was a fourth defeat out of five as they remain 10th. Tomkins had retired at the end of 2023 only to reverse his decision last July before committing to another full season in Perpignan this year. But after picking up a hamstring injury in the Challenge Cup last month, he had missed the first four league games of the season. However, after the recent departure of France star Arthur Mourgue to Hull KR, Tomkins' return was vital for head coach Steve McNamara. The full-back showed his experience in heavy rain as the French side took control of things with two tries in quick succession. First, prop Pangai Junior bulldozed his way through tackles to touch down for his first Super League try before, from their next attack, hooker Da Costa spotted a gap from dummy-half and a quick burst took him over. Senior thought he had immediately got the home side on the board but it was ruled as no try for a double movement by referee Liam Rush. The Tigers used their captain's challenge, but video referee Chris Kendall upheld the on-field call. And poor discipline further hampered their hopes of getting back into things as they gifted Catalans two penalties with Tomkins knowing the importance of keeping the scoreboard ticking over as conditions worsened. Long-serving France winger Yaha touched down a cute grubber kick from teenager Guillermo Aispuro-Bichet after the break before Tomkins provided the crowning moment. He may have veteran status now, but the dummy, sidestep and burst of pace to get over for a try had all the hallmarks of the ex-England captain's enduring quality. The only blot on his afternoon was ending the match in the sin-bin after getting a yellow card from the last play of the game. For Castleford, Senior's try arrived with a little over 10 minutes remaining and concluded a difficult afternoon. And even in these early weeks it is only the struggles of the two sides below the Tigers - Salford Red Devils and Huddersfield Giants - which is keeping them away from the bottom. Castleford: Hoy; Simm, Cini, Wood, Senior; Asi, Milnes; Singleton, Robb, Lawler, Simbiken, Mellor, Horne. Interchanges: Rimbu, Griffin, Mustapha, Namo. Catalans: Tomkins; Yaha, Laguerre, Smith, Cotric; Keary, Aispuro-Bichet; Pangai, Da Costa, Bousquet, Garcia, Whitehead, Partington. Interchanges: Romano, Satate, Navarrete, Dezaria. Sin-bin: Tomkins (80) Referee: Liam Rush.
BBC News
22-03-2025
- Sport
- BBC News
Tomkins leads Catalans to comfortable win at Castleford
Betfred Super LeagueCastleford (0) 4Try: Senior Catalans (14) 26Tries: Pangai Junior, Da Costa, Yaha, Tomkins Goals: Tomkins 5 Sam Tomkins led from the front in his first Super League game this season as Catalans Dragons romped to victory over a poor Castleford Tigers who turns 36 on Sunday, contributed 14 points, with a try and five goals, as the French side made it three wins in a row in all coped far better with some atrocious conditions at the Mend-A-Hose Jungle to secure their first success in England this well as Tomkins, tries came from Tevita Pangai Junior, Alrix Da Costa and Fouad Yaha as they picked up the two points to stay ninth in the for Castleford, whose sole try came late on from Innes Senior, it was a fourth defeat out of five as they remain 10th. More to follow. Castleford: Hoy; Simm, Cini, Wood, Senior; Asi, Milnes; Singleton, Robb, Lawler, Simbiken, Mellor, Rimbu, Griffin, Mustapha, Tomkins; Yaha, Laguerre, Smith, Cotric; Keary, Aispuro-Bichet; Pangai, Da Costa, Bousquet, Garcia, Whitehead, Romano, Satate, Navarrete, Tomkins (80)Referee: Liam Rush.
