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Showing 61 - 70 of 3680 results for "Conduct"

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... to achieve the objective of specific deterrence." Further, Judge Cheeseman said that Daly "lacks real insight into his conduct and in substance has demonstrated limited remorse". Nielsen, Raftery and Williams have also agreed to each pay $175,000 towards ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
Macquarie introduced new digital features and security enhancements on Macquarie Wrap, including account-level performance reporting and a live chat function in Adviser Online. The platform's updated account-level performance reporting functionality ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... management. The group was accused of breaching its continuous disclosure obligations and engaging in misleading and deceptive conduct between March 2014 and July 2015 because it did not disclose to the market material information that it was or ought ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... services. Between May 2017 and June 2022, Pagliaccio was found to have engaged in dishonest and deceptive and misleading conduct related to a financial product or service. At the time, he was the director of Veridian Securities and Veridian Markets ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
... targeting vulnerable consumers is an ongoing priority of ASIC, and we will continue to intervene to address this type of conduct," she said.

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
... he invited both parties to make submissions on these areas. Korolak is taking further action by raising Campbell's conduct with the Financial Advice Association Australia (FAAA). As a licensed financial planner and member of FAAA, Campbell is bound ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... Naseeruddin has been sentenced to four years and four months in prison following his guilty plea to charges of dishonest conduct and failure to discharge duties in good faith. Naseeruddin goaded investors to rollover their superannuation monies into ...

AustralianSuper in talks to extend administration services mandate

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... administration services partnership. Link Group's Retirement and Superannuation Solutions (RSS) business and AustralianSuper will conduct "detailed discussions" regarding commercial and contractual conditions for ongoing service delivery, particularly ...

IFM Investors appoints diversified credit leads

ELIZABETH FRY  |  FRIDAY, 15 DEC 2023
IFM Investors has made a few significant changes to its Australian diversified credit team to help drive growth in the asset class. The industry fund-backed investor has appointed Lillian Nunez and Hiran Wanigasekera as co-heads of the business. The ...

Woodford investors approve Link redress scheme

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... of investors - representing 96.1% of the value - voted in favour of the scheme proposed by UK regulator, the Financial Conduct Authority (FCA). If paid in full, the FCA estimates they will receive roughly 77 pence for every pound invested, or $1.47 for ...