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Showing 21 - 30 of 96 results for "Case Study"

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... letters and is working to complete this as quickly as possible," a spokesperson for the company said. The matter was a case study in the Royal Commission public hearings. Commonwealth Bank sold a 55% stake in CFS to KKR, in a transaction expected to ...

ROA relief guidance released

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... Records of Advice to make the most of the temporary measure. The corporate regulator and FASEA said the guidance and case study they have jointly compiled is to ensure that advisers understand their requirements under the COVID-19 relief measure. For ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... third-party authorised representatives failed to comply with the Stronger Super reforms. This instance was cited as a case study in the Royal Commission. Under the reforms, a member's accrued default amounts of super were to be transferred to a MySuper ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being diagnosed ...

Sam Henderson sentenced

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... distributed between 2013 and 2017 as well as in an information memorandum dated May 2011. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for a period ...

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
National Australia Bank has been ordered to pay $15 million for dealing with unlicensed home loan introducers, as revealed at the Royal Commission. ASIC brought proceedings against NAB for contravening the National Consumer Credit Protection Act, which ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... professional biographies and descriptions included the claim that he had a Master of Commerce. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... evidence of informed instructions to switch the clients out of MySuper." These breaches formed part of a Royal Commission case study, where Commissioner Hayne did not find any licensee breach on the evidence before Commission, Aon Australia said. The ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
A former Millennium3 adviser whose advice was cited as a case study during the Royal Commission is set to appeal a 10-year ban handed down by ASIC. ASIC has banned Adelaide-based adviser Christopher Norman Harris from providing financial services for ...