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Showing 1021 - 1030 of 1611 results for "Investigation"

ASIC cancels boutique's AFSL

HARRY PAGE  |  THURSDAY, 18 DEC 2014
... they do not have adequate financial resources and fail to comply with reporting obligations," Kell added. ASIC's investigation is still ongoing. Protect Ensure has the right to seek a review of ASIC's decision at the Administrative Appeals Tribunal. ...

Adviser remuneration "critical": Trowbridge Interim Report

ALICE URIBE  |  THURSDAY, 18 DEC 2014
... interim report also earmarked insurer practices and product offerings and industry productivity as other key areas for investigation. "The industry is committed to improving life insurance advice quality, remuneration practices and industry efficiency ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... spotlight. In March, Assistant Treasurer Arthur Sinodinos was forced to step aside due to his involvement in an ICAC investigation. Finance Minister Mathias Cormann took over, sought more consultation and took FoFA through yet another Senate inquiry. ...

ASIC accepts EU from Victorian adviser

HARRY PAGE  |  THURSDAY, 11 DEC 2014
... had provided advice to clients about products that weren't on PIS's list of approved products. According to ASIC's investigation, O'Brien failed to demonstrate a reasonable basis for the advice provided, fail to comply with the record keeping obligations ...

Adviser jailed for two years over $1.5M fraud

LAURA MILLAN  |  MONDAY, 24 NOV 2014
... $1,479,050 from a client's account to meet margin calls on King's mother's margin lending account. ASIC started an investigation into King's conduct between late-2007 and early-2008 and permanently banned him from financial services in May 2011.

Unlicensed Torquay adviser gets 7 year ban

LAURA MILLAN  |  MONDAY, 17 NOV 2014
... sole employee of Shore Capital Scott Logan has been banned for providing financial services for seven years. An investigation by the Australian Securities and Investments Commission (ASIC) found that between April 2011 and June 2013 the company trading ...

Gold Coast advice firm enters EU over misleading ads

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
... advertisements were placed on the business' website, on YouTube, in in-flight magazines and in police journals. ASIC's investigation found that Equanimity's compliance processes in terms of its advertising were unsatisfactory and may have breached consumer ...

Astarra director banned, loses AAT appeal

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... ban, which ASIC ordered in March 2013. Liu was the Astarra Asset Management chief investment strategist and an ASIC investigation found that he engaged in dishonest conduct and conduct that was misleading or likely to mislead investors. Liu was involved ...

Share trader jailed over $260,000 fraud

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... for his own personal benefit. The Commonwealth Director of Public Prosecutions prosecuted the matter following an investigation by the Australian Securities and Investments Commission (ASIC). ASIC commissioner John Price said: "Jones acted with complete ...

ASIC pays commissioners $2.9m in 2014

LAURA MILLAN  |  THURSDAY, 30 OCT 2014
The five top executives at the Australian Securities and Investments Commission (ASIC) will receive a total salary of $2.9 million for 2014, about $10,000 less than in 2013. The ASIC annual report did not match the name of each commissioner with the ...