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Showing 301 - 310 of 639 results for "EMA"

CommInsure cleared of systemic problems

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
An independent expert report compiled by Deloitte has cleared CommInsure of having systemic culture issues when it comes to claims handling processes. The Deloitte report states that no systemic issues related to historically declined claims were identified ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
The Financial Planning Association Conduct Review Commission Disciplinary Panel has expelled financial adviser Darren Tindall and issued a fine of $16,000. In a determination handed down on 10 February, the CRC decided to expel Tindall of PWM Advice ...

Xero chair resigns to advise Trump

EMMA RAPAPORT  |  FRIDAY, 20 JAN 2017
Xero chairman Chris Liddell will resign from the firm's board to take up a position as an aide to United States President-elect Donald Trump. The financial services software provider told the ASX that Liddell notified the company of his need to step ...

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
The FPA has expelled a NAB-aligned member after he was found to have cheated on his CFP exam. A hearing of the association's Conduct Review Commission (CRC) found senior financial planner Shylesh Sriranjan breached the FPA Code of Professional Practice ...

NAB admits data bungle

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2017
In a demonstration of the significant impact human errors can have on data security, NAB admitted to incorrectly forwarding the personal details of 60,000 customers to the owner of various adult websites. First revealed by the bank last month, customers ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Goldman Sachs will pay a $120 million penalty for attempting to rig global benchmarks for interest rate products. The US Commodity Futures Trading Commission found that, between January 2007 and March 2012, traders in New York - including the head of ...

The year that was and the year that will be

BENJAMIN ONG  |  MONDAY, 19 DEC 2016
It's now a week before Christmas and two before we bid 2016 adieu! And what a year 2016 was. It scared you, I and Irene at the open. The Fed was going to raise interest rates and China's economy was heading for hard landing. These two factors alone ...

SMSF auditor's appeal upheld

DARREN SNYDER  |  TUESDAY, 15 NOV 2016
The Administrative Appeals Tribunal has overturned an ASIC decision to disqualify an SMSF auditor. In October 2015, Manoj Abichandani was disqualified as an SMSF auditor following allegations from ASIC that he tried to mislead the regulator with untruthful ...

How advisers are managing US election concerns

MICHELLE BALTAZAR  |  THURSDAY, 10 NOV 2016
Investment updates, meetings and phone calls will be the order of the day for financial advisers as their clients worry about what the US election-driven market turbulence means to them. Fitzpatricks Private Wealth senior financial adviser Leonard Gennusa ...

The president is a Trump

BENJAMIN ONG  |  THURSDAY, 10 NOV 2016
Donald Trump - the "misogynist", the "sexual predator", the "racist", the "lying cheat", the "clown", the "narcissist", "the most hated man in America" is now President-elect of America. No one, or so it seems, like him. Not the media - mainstream and ...