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Showing 121 - 130 of 163 results for "ASIC for"

WAM lodges ASIC prospectus for LIC

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
Wilson Asset Management has lodged a prospectus with ASIC for its large-cap listed investment company. WAM Leaders Limited will, in WAM chair Geoff Wilson's words, "provide investors with a rare opportunity to the S&P/ASX 200 Index with an active, index ...

Cbus Royal Commission findings impact industry

DARREN SNYDER  |  WEDNESDAY, 6 JAN 2016
... Details on former CFMEU construction and general division NSW state secretary Brian Parker have also been referred to ASIC for potential breaches of the Act. The Commissioner said prior to the information leak in 2013, Cbus had been part of a public ...

ASIC forms its views on MySuper dashboards

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
The Australian Securities and Investments Commission (ASIC) has released research suggesting there is a more positive sentiment towards superannuation based on annual tests of the MySuper dashboard. ASIC has published results from its 2014 consumer ...

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... work closely together as co-regulators of SMSF auditors. The ATO monitors SMSF auditor conduct and may refer matters to ASIC for possible action such as disqualification or suspension of their registration. Earlier this week Abe Samuel and Manoj Abichandani ...

TAL Direct business penalised for advertising

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
TAL Direct's InsuranceLine business has been fined by ASIC for false or misleading advertising. Specifically, the advertising suggested that the Income Protection Plus product provided "illness and injury cover up to 85% of income to $10,000 a month" ...

Banks suspected of pocketing grandfathered commissions

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... used to bolster the profits of the major banks and financial institutions," Whiteley said. Financial Standard contacted ASIC for comment, but at time of writing they had made no statement. However, there does appear to be substance behind ISA's warnings ...

We did a "pretty good job" in CBA planning case: ASIC

LAURA MILLAN  |  WEDNESDAY, 26 MAR 2014
The Australian Securities and Investment Commission (ASIC) commissioner Greg Tanzer believes that the regulator "did a pretty good job" in dealing with the Commonwealth Financial Planning (CFP) case that prompted a Senate inquiry into the overall performance ...

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
The financial services industry has welcomed the Finance Minister Mathias Cormann's decision to temporarily freeze the amendments to the Future of Financial Advice (FoFA) legislation, which some stakeholders believe will lead to increased consumer protection. ...

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
Communication with the whistleblowers who revealed poor practices within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document ...

ASIC appoints deputy chairman

LAURA MILLAN  |  FRIDAY, 26 APR 2013
... executive of consumer group CHOICE. The Government also announced that Cathie Armour will be full-time commissioner of ASIC for a four-year period from 3 June 2013. Armour is an executive director and general counsel of Macquarie Capital within the Macquarie ...