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Showing 1201 - 1210 of 3876 results for "August"

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... sufficient information to allow him to apply for changes to his insurance cover and qualify for a reduced premium. On 1 August 2019, AFCA decided the complaint in favour of Lam. QSuper appealed against the AFCA decision in Federal Court on the grounds ...

ASIC winds up three financial services companies

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... ASIC's said investigations into each of the companies are ongoing. The regulator cancelled the AFSL of Marigold Falconer in August 2016 when the regulator was not satisfied that it could obtain insurance cover for the services it was authorised to provide. ...

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... exam as a remote option, irrespective of how close they live to an exam centre. Alternatively, candidates can defer until August or a later date. Registrations for the October exam open on July 6. In March FASEA announced the April exam would go online. ...

Shortseller ordered to pay $900,000 by court

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... Matthew Wiechert to pay about $900,000 in damages and costs to ASX-listed Rural Funds Management. Texas-based Bonitas, last August, published a report alleging RFF was overstating its net assets and fudging profits with dubious valuations of its assets ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... retirement, with little or limited income and few assets. Nearly all had no prospect of coming back from the losses suffered. In August 2008 about $5 billion had been invested by Storm Financial's clients in Storm Financial-branded index funds, run ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... Sheen and Nick Selvaratnam. The boutique ran an absolute return fund, which has lost -17.5% so far this financial year. August last year and January were particularly bad for it, with the fund posting -9.4% and -8.8% in returns. The second boutique ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... believe there were breaches of the ASIC Derivative Transactions (Reporting) Rules 2013 (ASIC Rules) by AMP Life between August 2015 and February 2018 and by AMP Capital between March 2016 and September 2018," ASIC said. The infringement notices relate ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... believe there were breaches of the ASIC Derivative Transactions (Reporting) Rules 2013 (ASIC Rules) by AMP Life between August 2015 and February 2018 and by AMP Capital between March 2016 and September 2018," ASIC said. The infringement notices relate ...

Centuria opens new office, appoints GM

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
The ASX-listed property manager is growing its presence in the sunshine state, with a former CBRE head of asset management set to head up its new Brisbane office. Centuria Capital has appointed former CBRE head of asset management David McGuigan as ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... appointment of a liquidator to Superfunded. Goldenberg's lifetime ban comes after an eight year ban was handed down in August 2019. He has another lifetime ban under his belt too - from providing financial advice. In May 2009 ASIC hit Goldenberg with ...