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Showing 211 - 220 of 1144 results for "Notice"

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... investors receive accurate information." Bobbob paid the infringement notices on September 20. Payment of an infringement notice is not an admission of guilt or liability.

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... determined in favour of AMP Financial Planning advisers who saw the valuations of businesses slashed by 40%. AMP filed a Notice of Appeal in the Federal Court yesterday, challenging the decision handed down by Justice Mark Moshinsky on July 5. Based ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
A former financial adviser who took more than $1 million from clients to feed his online gambling addiction has been sentenced to jail for five years. The District Court of Western Australia found Mark Raymond Sebo guilty of misappropriating $1,056,685.18 ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... to pay more than $270,000 it is owed. The Federal Court hearing is set for October 3 in Melbourne, according to an ASIC notice. Last year, WJ & V Drakoulis Super took NextGen to AFCA, alleging it provided bad financial advice that involved investing ...

GPT appoints Charter Hall executive as new chief

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... Charter Hall managing director and group chief executive David Harrison. "Proutt's employment contract has a six-month notice period and standard non-compete and non-solicitation provisions."

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... through illness, incapacity, injury, or the death of a partner. As a result, advisers are often called in to help on short notice. "Even when clients include age care in their plans, they may not do so explicitly, husbanding their assets to ensure they ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... used its discretion under the fund's constitution to suspend withdrawal requests in Class A from the date of issue of this notice. This ensures there are no investors unfairly impacted by remaining in the fund until termination," it said. It is intended ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... further information to make its decision. If lenders do not agree to change a credit contract in response to a customer's notice, they must notify the customer of this and why they have not agreed. Banks must also inform customers that they have the ...

AMG Super terminates MySuper offer

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... performance test for a third time. AMG Super has announced to members that it will close its MySuper product early next year. The notice was issued to members on August 25. Five days later, APRA notified AMG Super it had failed the performance test for ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate the Citibank Australia Staff Superannuation Fund, with the closure to take ...