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Showing 171 - 180 of 908 results for "Deputy Chair"

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
... firm in 2017 as part of a restructure, will also return as co-portfolio manager. Robert Fraser has been appointed as deputy chair of Magellan while a search is undertaken to appoint an additional non-executive director. Last week, Douglass attended a ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... products ultimately for his own benefit. The court also forced Doyle to pay an additional $80,000 in penalties. ASIC deputy chair Sarah Court said the complex products were not suitable for Doyle's clients, many of whom were approaching retirement. ...

Cbus adds to board

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
... the needs of Cbus members, through various committee and committee chair roles and most recently as the fund's deputy chair," he said. "Anthony has been a huge contributor to the fund, offering a valuable commercial perspective on our investment ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... misleading communication to thousands of its members, telling them they had insurance cover when they did not," ASIC deputy chair Sarah Court said. "It also overcharged more than $2.5 million in insurance premiums to members who no longer held insurance ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... investors in the Mayfair Products". ASIC has pursued Mayfair since 2020 for misleading consumers in its advertising. ASIC deputy chair Sarah Court said this penalty makes clear that firms must do the right thing by their investors, irrespective of whether ...

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... correctly by their superannuation providers. ASIC's case alleges that OnePath failed to do so in this case," ASIC deputy chair Sarah Court said. According to court documents, ANZ has agreed to remediate or has already remediated those members that ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... post-Royal Commission. Longo's appointment during the COVID-19 pandemic, after salary scandals saw chair James Shipton and deputy chair Daniel Crennan depart, meant he was hired with a government mandate to 'support Australia's economic recovery'. "In ...

ASIC sues ANZ in final civil RC case

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... customers. These customers were entitled to receive the benefits they signed up for and in many instances paid for," ASIC deputy chair Sarah Court said. "This case is yet another example of a widespread system failure by a major bank impacting thousands ...

New members on Markets Disciplinary Panel

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... AMRO Clearing Sydney's APAC chief executive Barry Parker. FINSIA president Victoria Weekes has also been appointed deputy chair following the retirement of Cilla Boreham in June. In addition to Boreham, Richard Brasher, Russell McKimm, John Manchee ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... new standards would come into force on 1 January 2024 and one year later for super trustees for CPS 190 only. APRA deputy chair John Lonsdale said the disorderly failure of an APRA-regulated entity could have a significant impact on the economy and society. ...

Editor's Choice

Early release of super scammers cop prison time

KARREN VERGARA
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500.

Super funds slash external mandates by 54%

KARREN VERGARA
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals.

ASIC tells super funds to 'step it up'

ELIZA BAVIN
ASIC commissioner Simone Constant delivered a stern warning to super fund trustees.

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen.

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Jason Huljich

JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
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