ASIC halts illegal early release super schemesTHURSDAY, 28 OCT 2004 12:26PMThe Federal Court has issued permanent injunctions against Nigel McRae, also known as Ross McKenzie, and Stephen Evans for their involvement in illegal schemes arranging the early release of over $3.5 million in Australian superannuation benefits accumulated mainly by New Zealand residents from the time they worked in Australia. |
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UniSuper outage continues, no cause identified
|The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown.
Australian Retirement Trust wraps up AvSuper merger
|Australian Retirement Trust (ART) has completed its merger with AvSuper after the two super funds formalised negotiations in February 2023.
ASIC clamps down on advisers, trustees cold calling
|Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds.
FSC launches digital advice group
|The Financial Services Council (FSC) continues to expand into financial advice by taking on a digital advice association that flagged its formation one year ago.
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
