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Showing 1031 - 1040 of 1611 results for "Investigation"

Cbus sacks alleged leaker, plans governance review

JAMES FERNYHOUGH  |  FRIDAY, 24 OCT 2014
... Cbus undergo an independent governance review conducted by an "eminent business person", on top of the existing investigation being carried out by KPMG. "So we've extended the KPMG investigation internally," he said. "We'll be recommending to the board ...

Industry needs unified solution to insurance "failure": ASIC

LAURA MILLAN  |  THURSDAY, 23 OCT 2014
Insurers and financial advisers must stop pointing fingers and create a unified response to address insurance sector failures, the Australian Securities and Investments Commissions (ASIC) deputy chair Peter Kell said "This needs a collective response ...

BT launches 'ground-breaking' advice register

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
... advisers were not adequately disclosing their commission-based remuneration model. While BT was involved in the ASIC investigation which found more than a third of risk advice was non-compliant, Spiers said BT's advice was all in order. "All our controls ...

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... report." CBA said it was "still reviewing and digesting the report," but added that it was not part of the ASIC investigation.

One third of risk advisers non-compliant, ASIC says

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
Financial advisers specialising in life insurance must lift the quality of advice and ensure that the interests of their clients are given priority, the Australian Securities and Investments Commission (ASIC) has said. ASIC reviewed more than 200 advice ...

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
... funds into his private bank account and used them for business and personal purposes unrelated to the IPO. ASIC's investigation into Aperio Resources and the conduct of Lim followed complaints received from investors in Aperio Resources privately and ...

US insurance agency fined US$200,000

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
... understanding that the companies would refer mortgage closings and title insurance business to Lighthouse." "The CFPB's investigation found that the companies on average referred significantly more business to Lighthouse when they had MSAs than when ...

ASIC suspends advice firm for three months

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
... financial resources to provide its services and to carry out supervisory arrangements of its representatives. ASIC's investigation into the group's conduct is continuing and Protect Ensure has the right to seek a review of the decision at the Administrative ...

ASIC bans person who made false Facebook investment claims

JAMES FERNYHOUGH  |  THURSDAY, 25 SEP 2014
... on the false grounds that he had access to an exclusive deal involving the Facebook initial public offering. An investigation by the Australian Securities and Investments Commission (ASIC) found that Ishan Seenar Sappideen of Bellevue Hill "misled investors ...

Guardian and Asteron help launch pro bono adviser service

ALICE URIBE  |  FRIDAY, 19 SEP 2014
Guardian Advice and Asteron Life have joined together with a network of financial advisers to launch Claims Aid, a service to provide pro-bono claims assistance on life and disability policies. Peter Kaleta, a principal adviser at Life Shield and founder ...