Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 44 results for "Phoenix"

Standard Life Assurance fined for hawking non-advised annuities

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... customers as at 31 May 2019. SLA is a former subsidiary of Standard Life Aberdeen. On 31 August 2018, it was sold to the Phoenix Group. The past business review, which is ongoing under the ownership of the Phoenix Group, is due to complete by the end ...

Record number of tax evasion reports

ELIZABETH MCARTHUR  |  FRIDAY, 21 JUN 2019
... same time last financial year. In total nearly 60,000 reports of suspected tax evasion, black economy activity or illegal phoenix activity from this financial year, a 42% increase from the previous year. The ATO said more than half of all reports were ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... significant. It is recognised that the construction and building industry in Australia has a significant problem with phoenix activity," Campo said. Cbus has recovered more than $31 million in members' superannuation entitlements from insolvency actions ...

Cromwell divests IOF, reopens fund

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2017
... Melbourne markets, as well as the improving Brisbane market, Callaghan added. Separately, the benchmark-unaware Cromwell Phoenix Property Securities Fund reopened to investors on September 29. It invests in ASX-listed property securities including office ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
The Federal Opposition is acting to protect employees and small businesses from phoenix activity through a package of proposed reforms. The package will see the granting of new enforcement tools for the Australian Securities and Investments Commission ...

IQ Group expands Australian presence

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
... national account responsibility. Conboy has more than 30 years' experience in IT consulting, having held senior roles with Phoenix Consulting, UXC Consulting and CPT Global. At IQ Group he will use his superannuation industry expertise to develop change ...

ATO on phoenix watch

DARREN SNYDER  |  MONDAY, 1 AUG 2016
The Australian Taxation Office is continuing its crackdown on illegal phoenix activity, including unpaid superannuation, following the recent execution of six search warrants on the Gold Coast. The ATO said the six warrants were executed through the ...

Hyperion named Fund Manager of the Year

MARK SMITH  |  MONDAY, 7 MAR 2016
... Australian Fixed Interest category and Independent Franchise Partners took the gong for International Equities. Cromwell Phoenix Property Securities was named the best Listed Property manager. Carnegie WorldWide Equity Trust won the Undiscovered Manager ...

ASIC funding model needs "meat on the bones"

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
... attention than their big-end-of-town cousins," he added. Burrell considered surprising that "ASIC resources devoted to phoenix activities that do not occur in the listed market do not even rate a mention in the consultation paper."

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... of technology and cybercrime; and the resilience of a syndicate to international law enforcement. The commission said phoenix fraud - when a company is intentionally placed into administration or liquidation to avoid payment of taxes and superannuation ...