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Showing 241 - 250 of 281 results for "enforceable undertaking"

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 ...

IFS changes advertisements to suit ASIC

... industry superannuation funds after it gave the Australian Securities and Investments Commission (ASIC) an enforceable undertaking late Friday. The enforceable undertaking follows a week of negotiations between the two after ASIC demanded IFS withdraw ...

ASIC and APRA accept undertaking from AXA Australia staff plan

... Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from the trustee of the AXA Australia Staff Superannuation Plan in relation to the calculation of interest rates on member ...

Zurich gives ASIC and APRA enforceable undertaking

... Investments Commission (AISC) and the Australian Prudential Regulation Authority (APRA) have both accepted an enforceable undertaking from Zurich Financial Services Australia (ZFSA) and its fully owned subsidiary Zurich Australian Insurance (ZAI) regarding ...