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Showing 1171 - 1180 of 3712 results for "Order"

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... enabled Goldman Sachs to obtain lucrative business, including underwriting a US$6.5 billion bond offering for 1MDB. The SEC order found that Leissner received more than $62 million (US$43 million) for his role in facilitating the bribe scheme. "Individual ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... referral from the Royal Commission. The consumer referred to in the case had their identity protected by a non-publication order during the Commission. In summing up the sixth round of Royal Commission hearings in September last year, counsel assisting ...

ASIC winds up alleged unregistered scheme

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
ASIC has taken steps to wind up an unregistered managed investment scheme. The regulator said it has filed an application seeking leave to apply for further orders in the Federal Court in Western Australia to wind up the alleged unregistered managed ...

Super funds merge, leaders appointed

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
... added that he first approached First State Super, with the support of the VicSuper board, to discuss the idea of a merger in order to improve outcomes for VicSuper members. Cochrane said: "The comprehensive due diligence process we have completed has ...

Sam Henderson attempts to set record straight

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
... Daniel said: "We stand for driving the positive evolution of financial advice. One podcast in four years going over a banning order, and what went wrong - there are good lessons in there to be learned." "If we can assist in bringing the need for advisers ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... relevant Product Disclosure Statements," ASIC said. "ASIC is also seeking civil penalties against Theta and Mr Marie, and an order banning Mr Marie from managing corporations for such period as the Court deems fit." ASIC said between 20 May 2016 to 30 ...

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
... Flexible Lifetime - Super, Flexible Lifetime - Investment, CustomSuper, Super Directions, Tailored Super and Simple Super. In order to determine the impact it will have on revenues, advisers have been supplied with a list of clients the fees are currently ...

Industry fund pushes for simpler super splitting

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
One of the nation's largest super funds has joined forces with Women's Legal Service Victoria (WLSV) to simplify the process of splitting super assets. HESTA said it is working with WLSV to remove barriers preventing women from claiming their fair share ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
ASIC commenced civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... envelope calculations show that the Australian economy needs to grow by a bit over 0.8% over the next three quarters in order to meet the RBA's forecast of 2.5% GDP growth in the fiscal year ended June 2020. A tall ask, I say. If current conditions ...