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Showing 1231 - 1240 of 1614 results for "Investigation"

Westpoint directors face charges

ELISE BURGESS  |  MONDAY, 4 JUL 2011
... role in the company's downfall. Norm Carey and Graeme Rundle are facing two criminal charges each as a result of an investigation by the Australian Securities and Investments Commission (ASIC), which alleges the two parties breached their duties under ...

Trio director offers EU to APRA

ELISE BURGESS  |  MONDAY, 4 JUL 2011
... or custodian of an APRA-regulated superannuation entity, Beck acknowledged her role and agreed to assist APRA's investigation and address the regulator's concerns, admitting that she should have behaved differently. As such, APRA has accepted her offer ...

ASIC forces iPlan to hire compliance expert

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
... had risked a conflict of interest by entering into an agreement regarding an investment platform, ASIC launched an investigation into iPlan's advice business. ASIC found that iPlan may have advised clients to transfer from existing products onto the ...

APRA super fund grillings set new precedent

ALEX DUNNIN  |  WEDNESDAY, 8 JUN 2011
... industry fund, MTAA Super, are being questioned under oath by a specially appointed inspector and triggering the investigation is the fund's investment performance, in particular decisions surrounding currency hedging. According to figures published ...

Chapel Road appeal forces ASIC to show the goods

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
... Commission (ASIC) battle rages on, with the NSW Supreme Court ordering ASIC to hand over documents relating to the investigation. Back in 2001 Chapel Road's AFSL was revoked when ASIC deemed it had breached its licencing conditions, resulting in the ...

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Three financial advisers and a financial services firm are facing work bans and prosecution after separate ASIC investigations. A former financial adviser who fraudulently withdrew $600,000 from his clients' accounts has pleaded guilty in court to six ...

Adviser banned for life by ASIC

ASIC RELEASE  |  WEDNESDAY, 20 APR 2011
... WealthSure financial adviser, Brian William Veitch, has been banned for life from providing financial advice following an investigation by the Australian Securities and Investments Commission (ASIC). ASIC alleges Veitch failed to comply with financial ...

ASIC silent on possible research probe

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
... and Astarra are being investigated. But industry insiders say the corporate watchdog is conducting a high-level investigation into both research firms and auditors who reported on super fund Trio and its associated hedge fund Astarra Strategic. Financial ...

Chartwell dir Hoy jailed 13 yrs

ELISE BURGESS  |  THURSDAY, 24 MAR 2011
... counts of obtaining a financial advantage by deception, and 32 counts of obtaining property by deception following an investigation by the Australian Securities and Investments Commission (ASIC). It was found that Hoy dishonestly obtained $22 million ...

ASIC slaps seven-year ban on planner

ELISE BURGESS  |  FRIDAY, 11 MAR 2011
... between 1 October 2003 and 6 July 2009, during which he was found guilty of misleading and dishonest conduct. An ASIC investigation into Nguyen's conduct found that over the course of two years, Nguyen was guilty of failing to provide advice documents ...