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Showing 91 - 100 of 159 results for "Trio"

Former Astarra director permanently banned from fin services

LAURA MILLAN  |  THURSDAY, 7 MAR 2013
... it was placed into liquidation on 22 December 2009 and his banning is a result of ASIC's investigation of the collapse of Trio Capital. ASIC found Liu engaged in dishonest conduct in matters such as incorrect statements made in the Astarra Strategic ...

VOFF slams MP response Trio Capital fraud

MARK SMITH  |  THURSDAY, 14 FEB 2013
Victims of Financial Fraud (VOFF) has criticised member for Thornsby Stephen Jones over his response to the Trio Capital fraud. Jones said in a WIN News interview on 11 February that he intends to present a Private Members Bill to Federal Parliament ...

Keep chasing architects of Trio collapse: Agencies

BEN COLLINS  |  FRIDAY, 8 FEB 2013
A joint parliamentary committee yesterday urged enforcement agencies to keep chasing the perpetrator of the Trio Capital Fraud. Some $176 million was lost or went missing following the collapse of Trio in late 2009 - the largest superannuation fraud ...

Trio Capital action group to put forward Federal Candidate

BEN COLLINS  |  TUESDAY, 22 JAN 2013
... politician Stephen Jones, as a result of the Gillard Government's alleged unfairness in awarding compensation in the wake of the Trio Capital Fraud. VOFF was formed in February last year and primarily represents victims of the Trio Capital fraud in the ...

Draft regulation released for Accountant Exemption

BEN COLLINS  |  THURSDAY, 29 NOV 2012
... financial advisers who wish to grow and diversify their business," Shorten said yesterday in a statement. "Collapses such as TRIO highlight the need for investors to fully understand the alternatives before changing their existing superannuation arrangements," ...

No BO news till elections please?

BENJAMIN ONG  |  MONDAY, 24 SEP 2012
... its verdict (the disbursement of the next tranche of aid) on Greece either. Bloomberg reported just this morning that the trio "-- said on Sept. 21 they'll take a "brief pause" after making "good progress" in talks." How long the pause? If Reuters' story ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
... Forum yesterday, ASIC commissioner Greg Tanzer said the rules had been strongly influenced by the $176 million collapse of Trio Capital, where money was invested in two hedge funds and then siphoned offshore. ASIC clarified its definition of hedge funds ...

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... were not adequately disclosed, they were a reimbursement for joint advertising costs shared with Astarra, later known as Trio Capital, with the panel finding that they did not encourage the Seagrims to place clients into the Astarra-managed funds. "They ...

Talkin' bout my generation

LINDA HAUSKEN  |  TUESDAY, 7 AUG 2012
... skills. More importantly, they must address the public's poor perception of advisers after the collapse of Westpoint and Trio. "If we collaborate and address these issues, we will be in a good space as a profession and we can hold our heads high," said ...

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
Australia's corporate watchdog said it has learnt some lessons in the wake of the Trio fraud, and plans to be more proactive. While admitting that the Australian Securities & Investments Commission (ASIC) could never guarantee that a similar scenario ...