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Showing 301 - 310 of 1144 results for "Notice"

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... including the potential for an appeal." The panel ordered Moore and the LICs to provide a corrected substantial holder notice. In turn, they are seeking a review of the panel's decisions.

New members on Markets Disciplinary Panel

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
ASIC has made a series of appointments to its Markets Disciplinary Panel, adding executives from Barrenjoey and Macquarie Group. With seven members retiring, ASIC has welcomed three new appointees to the peer-review panel which determines whether infringement ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... Hour Account and 90 Day Account would be able to withdraw their funds between 48 hours and 90 days of providing withdrawal notice. However, in its terms and conditions La Trobe reserved the right to take up to 12 months to satisfy a withdrawal while ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... resulting in a significant financial loss to those members, Shine Lawyers said. The documents state that a significant event notice sent to some or all members in May 2016 notified them that the cover they'd be entitled to would vary depending on age ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... harm to more than 260,000 customers. The financial harm came in the way of unpaid benefits, premiums being charged without notice and underpaid refunds. ASIC alleges that from 1999 to November 2020, MLC failed to pay a life insurance benefit known as ...

Advice gap spurs boom in investment media

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... podcast, book, and social media content. The rise in popularity of this kind of investment advice media has not escaped the notice of the corporate regulator. ASIC chair Joe Longo previously said the regulator is looking into the conflation of personal ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... does the Ultiqa Group entities. On the back of this action, ASIC deputy chair Karen Chester put the timeshare industry on notice, warning that it must comply at all times with its obligations like other financial advisers. "Timeshare schemes are complex ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... appearance of conflict of interest in the timing of investment decisions, they will be required to give the Fed 45 days' prior notice of their intention to buy or sell. These decisions must then be approved by the Fed and the investments held for at ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... straightforward and appropriate template that policymakers might follow, and a couple of participants observed that giving advance notice to the general public of a plan along these lines may reduce the risk of an adverse market reaction to a moderation ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation. Speaking on the first day of the Association of Financial Advisers national conference, the minister for superannuation ...