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Showing 1141 - 1150 of 6175 results for "Statement"

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... contraventions flowed from the same wrongful conduct, being the decision to include in the Client Protection Policy a misleading statement. In the circumstances, the defendants argued that imposing penalties in the manner proposed by ASIC carries obvious ...

Clime, Bristow to face court

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... Bristow in November 2019, claiming he lost his job after raising ethical concerns with Bristow. According to Golowenko's statement of claim, filed in the Federal Court, at a meeting in 2018 attended by himself, Clime chief financial officer Biju Vikraman ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
Just days after taking action against Rest, ASIC has alleged Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... return to its 30-year average of 5.1% Of course, as Reserve Bank of Australia (RBA) governor Philip Lowe warned in his statement following the conclusion of the bank's March 2 meeting, "the path ahead is likely to remain bumpy and uneven" and "recovery ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... certificate or confirmation of terminated employment from the employer before they could transfer their full balance out. In a statement the super fund said it is disappointed with ASIC's decision to launch legal action over a matter that was self-reported ...

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... benefit fund for local government workers, is investigating the accuracy of salary data provided by councils. A joint statement provided by Local Government Association of South Australia chief executive Matt Pinnegar, and Statewide Super chief executive ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... in place to ensure compliance. "CommSec and AUSIEX have co-operated with ASIC's investigation and entered into a Statement of Agreed Facts and Contraventions (SOAFAC)," ASIC said. "ASIC alleges, and CommSec and AUSIEX have each admitted, a contravention ...

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
... accomplishments will help to strengthen Canadians' retirement income security for many decades to come," the board said in a statement. "The board wishes to thank Mr. Machin for his global perspective, leadership and commitment to excellence and ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... curve stably low as the economy suffers the damage from COVID-19". So too has the Bank of Korea (BOK). In its latest statement, the Korean central bank declared that will buy five trillion Korean won (US$4.5 billion) worth of government bonds additional ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... Australians. This is concerning for those people who will now struggle to afford financial advice," the AFA said in a statement. Further to this, the government passed the Treasury Laws Amendment (Reuniting More Superannuation) Act 2021 which will require ...