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Showing 171 - 180 of 1639 results for "Investigation"

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... superannuation and using platforms linked to Macquarie Investment Management and Equity Trustees Superannuation. "The investigation to date suggests that potential investors were called by lead generators and referred to personal financial advice providers ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... issued a statement stating the organisation takes these matters very seriously and has been co-operating with the investigation. "We have focussed significant resources on addressing learnings from the incident and implemented a series of improvements ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... sending them to portfolios he favoured, Leech allegedly stood to profit personally and professionally," he said. The investigation is being conducted with the assistance of the Federal Bureau of Investigation.

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ...

Former adviser charged with dishonest conduct

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... is likely to contravene financial services law..." Ridgway allegedly provided false information during ASIC's investigation into his role in recommending unlisted McFaddens Securities shares to clients between 2015 and 2021. The shares included pre-IPO ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... HESTA's policies and procedures around unlisted asset valuation decisions." The regulator commenced a formal investigation into the issue in January 2024, but said it would now close the investigation. "In light of HESTA's decision to make payments ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
ASIC warned it will turn up the heat on superannuation funds by adding new enforcement priorities and flagging that it will hold directors on trustee boards to the same standards as those in big companies. While the corporate regulator heightened its ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... members which is being implemented now." The spokesperson added that Cbus has been cooperating with ASIC during its investigation and notes that the regulator has commenced proceedings in the Federal Court. "Cbus will invite ASIC to engage in alternative ...

Federal Court appoints receivers to ALAMMC Developments

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
... compatible property development schemes across Australia. As previously reported by Financial Standard, ASIC launched an investigation into McWilliams and the associated companies earlier this year after receiving information from the Queensland Office ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
The market regulator provided an update on its investigation into ANZ's role as joint lead manager and risk manager of the issuance of 10-year Australian government Treasury Bonds last year. The investigation, commenced April last year, is currently ...