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Showing 1341 - 1350 of 6020 results for "Credit"

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... disclosure across its now defunct advice licensees; continuing to charge fees on deregistered company accounts; and selling on credit card and flexi-loan debt with incorrect interest rates. This is the first time ASIC has filed multiple proceedings against ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... Trobe Financial Asset Management to pay a $750,000 penalty for false and misleading marketing of the La Trobe Australian Credit Fund, a $5 billion fund which invests in Australian mortgages, cash and other credit instruments. The penalty comes after ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
ASIC has commenced proceedings in the Federal Court against ANZ for breaches of the Credit Act arising from referrals through its home loan 'introducer program' and from unlicensed individuals outside the introducer program. The program involved ...

AFCA must improve transparency: Hume

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... inform this work," he said. This November marks AFCA's three-year anniversary. The Financial Ombudsman Service (FOS), the Credit and Investments Ombudsman (CIO) and the Superannuation Complaints Tribunal (SCT) merged to form the single body.

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... review found the transaction would not substantially lessen competition. The review focused on competition in the supply of credit cards, as Citi is a substantial provider of credit cards and credit card services. Evidence showed that the proposed acquisition ...

Link enters UK pension market

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... saving." The latest development comes after Link Group announced it received another unsolicited proposal for its banking and credit management business and provided an update on Carlyle Group's progress in its takeover bid.

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... their superannuation accounts). In 2017, ASIC permanently banned Fong from providing financial services or engaging in credit activities. Fong appealed ASIC's decision to the Administrative Appeals Tribunal and the appeal process is stayed, pending the ...

Link updates on bid offers

ANNABELLE DICKSON  |  TUESDAY, 23 NOV 2021
Link Group announced it received another unsolicited proposal for its banking and credit management (BCM) business and provided an update on Carlyle Group's progress in its takeover bid. Link received an unsolicited, conditional and non-binding proposal ...

LICs, LITs move away from Aussie equities

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... (LICs) and listed investment trusts (LITs) have moved away from Australian equities and are experiencing growth in property, credit and global equities. New research from Listed Investment Companies and Trusts Association (LICAT) showed growth in both ...

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... December 10. Nesseim was permanently banned from providing financial services in 2018 and later banned from engaging in credit activities in 2019. He previously ran Smart Financial Strategies and is currently general manager of Accord Partners, which ...