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Showing 11 - 20 of 1542 results for "Website"

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... alleged that they operated fraudulent investment websites between November 2020 and July 2021 under various names. The website operators used two legitimate AFS Licences without their knowledge or consent. ASIC did not name the holders of the AFSLs. ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... In a statement, a Future Fund spokesperson said: "The Future Fund has a clear framework for exclusions published on its website and does not invest in companies on its exclusions list." "While Elbit had previously been excluded from the portfolio, it ...

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... included claims it managed nearly $7 billion in assets when it does not. Queensland-based Penta Capital boasted on its website between May 2022 and February 2023 that it managed $6.9 billion on behalf of retail, wholesale, and institutional investors. ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... service fees along with interest, and issuing letters of apology. OnePath was also ordered to publish a notice on its website regarding the breaches. ASIC deputy chair Sarah Court recently announced that member service failures and misconduct leading ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling about US$876 ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... provided. This conduct stretched from January 2012 to June 2019. Mercer must also publish an adverse publicity notice on its website.

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... Balanced Growth option performance figures were shown through Facebook, Instagram, and in a webinar hosted on the fund's website, cited in various instances from 23 August 2022 to 18 July 2023. From August to October 2022, HESTA's social media ...

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... group's other RSE, Wycomp. "The TWSF has closed and all members are required to move their benefits elsewhere," the website reads. As at June 2022, it held $31.3 million.

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... addressed the issue," AFCA said. Another insurer omits medical definitions in its PDS, and instead directs customers to a website to read them, meaning they must undertake their own detailed research to find the correct terms of the policy, including ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... cannot be what she was referring to in her promotional videos," he said. Additionally, Grubisa had information on her website claiming that she was an "ASIC licensed debt specialist" and held an "ASIC financial services licence". These statements have ...