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Showing 1001 - 1010 of 1610 results for "Investigation"

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... acquiring (and disposing of) superannuation assets without holding an Australian Financial Services Licence. ASIC's investigation began in 2011 and found that Royale Capital and ActiveSuper were using investors' money to purchase distressed properties ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
ASIC has provided an update on its investigation into the suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... the Compensation Program, clients of advisers did not receive any letter notifying them that CBA was conducting an investigation into the advice they received. For the remaining 878 clients, the decision to send the letter was made on a case by case ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... noted on the ASIC planner register, but the issue was complicated by advisers resigning when the regulator began its investigation. Speaking at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, he said that "People who ...

Combined Insurance to work with ASIC on fraud leak

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
... that its complaint levels were "significantly" below the industry average. ASIC has yet to comment on a potential investigation.

NZ Super suspends Milford AM mandate

LAURA MILLAN  |  MONDAY, 13 APR 2015
... Superannuation have suspended a mandate with Milford Asset Management until a Financial Markets Authority (FMA) investigation into the fund manager is completed. Until then, NZ Super will manage the NZ$281 million ($276 million) active equity mandate ...

Fintechs issued AFSL warning

MARK SMITH  |  THURSDAY, 9 APR 2015
... (AFSL) or Australian Credit Licence (ACL), putting themselves in breach of the law and opening themselves up for investigation by the regulator, according to The Fold Legal. Managing director of the law firm, Claire Wivell Plater, said start-ups dabbling ...

ASIC to investigate AUD spike

ALEX BURKE  |  WEDNESDAY, 8 APR 2015
... Australian dollar shortly before the Reserve Bank's monetary policy decision today," ASIC's statement said. "The investigation will look at trading in the dollar prior to the RBA's interest rate decision statement at 2.30pm." "ASIC is also investigating ...

ASIC bans Commonwealth Financial Planning employee

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
... Merewether, New South Wales, was the servicing planner of banned former CFPL adviser Jade Zaicew from 2011 to 2012. ASIC's investigation found Locksley engaged in misleading and deceptive conduct between February 2012 and May 2012 when preparing documents ...

FSC hails register a step towards profession status

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
The Financial Services Council (FSC) welcomed the ASIC national register of advisers. Seen as an important step for rebuilding trust in the financial advice industry, FSC chief executive Sally Loane said the register of advisers is one of many important ...