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Showing 1031 - 1040 of 4167 results for "Action"

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
An industry group for independent financial advisers and lawyers have come out criticising Westpac over the six cases brought against it by ASIC. Slater and Gordon Lawyers is calling on Westpac to 'walk the talk', after Westpac's chief executive Peter ...

New LGBTIQ investment option

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... rights organisation to provide consumers with a way to invest in line with their values. LGBTIQ advocacy group OutRight Action International has partnered with the Newday Impact Investing app. "When investors invest in Newday's diversity, equity and ...

ETF Securities, 21Shares partner for Australia's first crypto ETFs

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
... often-complicated world of blockchain works. It will also feature the trailblazing news on crypto, various blockchain metrics, price action and important news on miners, custodians, and other companies in the supply chain. 21Shares chief executive Hany ...

Courtenay House director faces court for alleged fraud offences

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
ASIC brings criminal charges against former Courtenay House director and contractor for an alleged $196 million Ponzi scheme. Tony Iervasi and Athan Papoulias have today appeared in the Downing Centre Local Court charged with criminal offences for their ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... misleading conduct potentially affected investment decisions involving very large sums of money." When ASIC first took action against La Trobe in December last year, the firm said that no liquidity event, even though the global financial crisis and the ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
A plaintiff in the Piper Alderman-led class action against Dixon Advisory is attempting to ring fence the $7.2 million civil penalty determined by ASIC. Kosen-rufu, an applicant in a class action against Evans & Dixon (now E&P Financial Group) and subsidiary ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

WTW Australia names head of sustainable investment

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
Willis Towers Watson has appointed a head of sustainable investment, promoting a senior investment consultant to the newly created role. Tim Unger has been appointed head of sustainable investment for Australia effective immediately. He's been with ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... erosion of people's super balances, which has the potential to lead to long-term hardship. ASIC will continue to take action to protect the superannuation assets of consumers."