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Showing 361 - 370 of 545 results for "Investigate"

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... for victims of bad financial advice since then. However, the Committee recommended to set up a Royal Commission to investigate further cases of improper financial planning and failed financial products. The government did not follow this recommendation ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
Macquarie Equities Limited advice files have gaps and require further testing, the Australian Securities and Investments Commission (ASIC) said as the two year enforceable undertaking (EU) into the organisation's advice arm comes to an end. "While there ...

Naos adds portfolio manager

MARK SMITH  |  TUESDAY, 3 FEB 2015
... stocks. Many other funds management businesses aren't able to hold the stocks we do due to our ability to research and investigate smaller companies that are often priced inefficiently by the market. Due to Ben's experience we believe he will make a ...

MySuper put spotlight on member outcomes: CIFR

MARK SMITH  |  MONDAY, 12 JAN 2015
... from the CIFR conducted in-depth interviews with 28 executives from 20 Australian superannuation fund providers to investigate their response to the MySuper regulatory framework governing default retirement savings funds. The key finding was that MySuper ...

Government says no to CBA Royal Commission

LAURA MILLAN  |  FRIDAY, 24 OCT 2014
The government has not accepted a recommendation by the Senate Economics Committee to open a Royal Commission to investigate the financial planning scandals within Commonwealth Bank (CBA). The government has issued a two-page response to the 61 recommendations ...

AFA presents renewed strategy and Narrative

LAURA MILLAN  |  SUNDAY, 12 OCT 2014
... strategies, be an active voice on policy issues and be better at engaging with the community. Fox said that the AFA would investigate market competition and a variety of business models. "Participation in a healthy market should be growing, not shrinking," ...

Penalties for fund managers too lenient

MARK SMITH  |  WEDNESDAY, 10 SEP 2014
The penalties dealt out to fund managers who commit fraud are not a severe enough deterrent, according to a senior university lecturer. Dr Pelma Rajapakse of Griffith University was commissioned to write a report by the Australian Centre for Financial ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... appointed as independent forensic expert and his role will be "to help establish a robust process to independently investigate any customer concerns about possible fraud relating to financial advice they received," the bank said. The Open Advice Review ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Macquarie Equities Limited (MEL) must contact all clients who received advice from its financial planning arm, Macquarie Private Wealth (MPW), going back to 2004 following action from the regulator. Under the enforceable undertaking (EU) in place since ...

New PJC inquiry will "close the loop" on consumer protection

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... recognition of professional bodies by the Australian Securities and Investments Commission (ASIC). The inquiry will investigate the implications - both in competition and regulatory cost - of adopting professional standards to govern the professional ...