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Showing 331 - 340 of 890 results for "Failing"

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... step back and realised the power that their superannuation has today. Rather than let their retirement savings prop up failing industries, more and more Australians are taking matters into their own hands and investing their superannuation to build a ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
Charles Schwab UK has been fined $15.6 million for failing to protect consumers and lying to the regulator. CSUK has to cough up GBP8.96 million for a number for safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting ...

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
ETF Securities has closed two of its exchange traded funds after failing to reach sufficient size. The ETF Securities Global Core Infrastructure ETF (CORE) and the Enhanced USD Cash ETF (ZUSD) will be terminated after the last day of trading on 29 January ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... practices and inadequate legal and regulatory frameworks is extremely concerning to investors," Blakey said. "Mining companies failing to negotiate fairly and in good faith with traditional owners represents a clear systemic risk to investors. Only an ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
ASIC alleges iSignthis breached the Corporations Act by failing to disclose material information in relation to three integration arrangements and failing to tell the ASX that VISA terminated its relationship over suspicious transactions. The corporate ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... Investments Commission (ASIC). In addition to the seven counts, Mudasir Mohammed Naseeruddin as also charged with two counts of failing to exercise his power as a director and discharge his duty in good faith under the Corporations Act. Naseeruddin's ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... Australia. Victorian financial services provider Jels Financial Group has had its license cancelled by the regulator for failing to demonstrate that it had the competence or resources to provide financial services as required under its licence. ASIC ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... Commission (ASIC) has commenced legal proceedings in the Federal Court against a Gold Coast-based SMSF accountant for failing to comply with an enforceable undertaking. Jenan Oslem Thorne, otherwise known as Cenan Thorne or Cenan Dikmen of Saber Superannuation ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
Creating equitable retirement outcomes in Australian society should be an objective of the retirement income system, but the Retirement Income Review raised concerns about some falling through the gaps. In 2018, the median super balance for Aboriginal ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... an ASIC investigation. He was charged with three counts of managing a corporation whilst disqualified and one charge of failing to deliver company records in his possession for Wealth & Risk Management, in accordance with directions of the liquidator ...