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Showing 251 - 260 of 545 results for "Investigate"

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
Equity Trustees halted applications into and redemptions from two GAM Investments funds following the suspension of the global manager's fixed income investment director. In a letter to unitholders, Equity Trustees - as responsible entity for the ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... contributed to "blatant disregard" of their duties as directors. Further, it proposes to refer the matter to ASIC to investigate the potential breach of directors' duties - including other matters relating to the "genuineness of the transactions." One ...

ASIC bans Queensland adviser, suspends licence

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
... administration business (where he was a sole director and shareholder) and other entities related to him. He failed to investigate individual circumstances of clients and did not consider alternative strategies that might have been suitable for client ...

Independent planning firm jumps into agriculture

HARRISON WORLEY  |  WEDNESDAY, 18 JUL 2018
Growth Farms' recently launched farm leasing fund picked up a cornerstone investment from a $1 billion advisory group. Providence Wealth has made a "substantial" investment in the fledgling Australian Agricultural Lease Fund, making it the fund's cornerstone ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
An ASIC investigation alleges Commonwealth Bank and ANZ branches offered superannuation products to customers at the end of general fact-finding processes, which the customers may have mistaken as "personal" advice rather than "general" advice. Commonwealth ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... "There's only so much we can say and the sanctity of the process is very important. The ability for our teams to investigate thoroughly, diligently and appropriately is of paramount importance to us, but I will give you my assurance that we at the ...

Former NAB adviser permanently banned

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
... character. Max Kiattisak Eung, who also goes by Kiattisak Eungpongpan, has been banned by the regulator as it continues to investigate allegations he falsified documents to open bank accounts in the names of two clients. Eung, the latest person to be ...

ANZ, Deutsche and Citigroup under investigation for alleged cartel conduct

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
ANZ is being investigated for alleged criminal cartel conduct during an August 2015 institutional share placement, the bank and the Australian Competition and Consumer Commission (ACCC) confirmed this morning. The ACCC said it expects the Commonwealth ...

Agriculture investment under parliament microscope

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
The practical barriers to superannuation investment in Australia's agricultural sector are now the subject of a Federal Parliament inquiry. The house standing committee on agriculture and water resources will accept submissions to the inquiry as the ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... the technology we use, in terms of identifying planners with a basket of highly-geared clients, and how we should investigate that planner. It's very concerning that action wasn't taken against planners like that," he said. Australian Ethical will remain ...