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Showing 241 - 250 of 284 results for "Enforceable undertaking"

APRA got it wrong on AXA: AAT

ALEX DUNNIN AND AAP  |  THURSDAY, 24 AUG 2006
... Superannuation Plan. A statement released by APRA said that, "While the AAT found that the actions related to an Enforceable Undertaking from the trustee did not warrant disqualifications for the individuals concerned, it did find that the trustee withheld ...

ASIC fends off non-complying share offer

Financial services watchdog ASIC has accepted an enforceable undertaking from a Captain Cook Cruises subsidiary, Fendwave, which provided unsolicited offers to prospective investors using documents that contravened the Corporations Act. ASIC has investigated ...

ASIC defends AMP FP action

KATE HAGE  |  THURSDAY, 3 AUG 2006
... Jeffrey Lucy, defended the regulator's decision to avoid a court action in preference of handing out an enforceable undertaking to AMP Financial Planning yesterday, flagging an increased use of such procedures in the future. "You need to ask what's the ...

AMP caught on conflicts

KATE HAGE  |  THURSDAY, 27 JUL 2006
... shopping exercise threw the whole advice industry into turmoil, AMPFP has agreed to give the regulator an enforceable undertaking after the Australian Securities and Investments Commission (ASIC) found that in almost half of the cases reviewed planners ...

ASIC pulls up reverse mortgage award winner

... mortgage provider of the year, based upon research by InfoChoice. Transcomm has given the regulator an enforceable undertaking to change advertising that made false claims about the product's impact on pension entitlements and protected loans. ASIC deputy ...

GE Money to correct problematic sales practices

GE Money has given the Australian Securities and Investments Commission (ASIC) an enforceable undertaking that will see it changing its life insurance sales practices and compensating customers already affected. ASIC began investigating GE Money, one ...

ING Australia to correct unit pricing errors

... PricewaterhouseCoopers (PwC) to conduct a review. Following the review, ING has voluntarily provided an Enforceable Undertaking to industry regulator ASIC of $14 million compensation to affected investors and around $10.5 million to be paid into the ...

Fincorp pulled up by ASIC for misleading advertising

... ASIC this week, this time with the retail based financial group Fincorp Investments being issued with an Enforceable Undertaking for misleading statements. Fincorp's advertising campaign, which appeared in major metropolitan newspapers and played on ...

Host-Plus accepts undertaking from ASIC

The Australian Securities and Investments Commission has accepted an enforceable undertaking from the trustee of the Host-Plus superannuation fund, Host-Plus Pty Ltd (Host-Plus). The enforceable undertaking relates to future projections outlined in ...

AXA trustee director asked to show cause

AAP  |  MONDAY, 6 JUN 2005
... during 2002 and 2003. APRA and the Australian Securities and Investments Commission (ASIC) have accepted an enforceable undertaking by the AXA trustee adjusting upwards the super benefits of 1,200 current and former members of the super plan. The bulk ...