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Showing 4211 - 4220 of 28259 results for "NOT"

Former fund manager employee permanently banned

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... to buy those securities back from the private accounts at higher prices. In handing down the ban, ASIC stated that Kim was not fit and proper to provide one or more financial services because of his dishonest conduct and his destruction of evidence relating ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... onboarding system in a timely way. The fault saw members assigned to the wrong super product and Dortkamp concluded it was not Spaceship's responsibility and therefore not his responsibility. In response, Dortkamp lodged an application with the AAT for ...

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... AAT formed the view that some aspects of ASIC's decision reasoning were misconceived and that the cash rebate procedure was not itself unlawful. The AAT found that Sherwal demonstrated that he is a "proper" person to be permitted to provide financial ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... who had the ability to identify worthwhile companies in which an investment should be made," Justice Downes said. "It did not matter that the stories did not contain any overt recommendation to acquire the shares: it was enough that Mr Scholz referred ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... campaign that won superannuation for building workers and created the fund, Frank has helped guide the member first focus of not just Cbus, but industry funds in general," he said. "Anne has been a fearless advocate for members in her time as a director ...

BGL names new chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 21 DEC 2022
... Tramontana's start in software support, helped BGL grow from 10 to over 200 people. "Daniel has had his hand in every pie. BGL would not be where it is today without him," he explained. "I am privileged to have worked with someone of his calibre ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... performance evaluation methodology. Rainmaker Information executive director Alex Dunnin said heatmap assessment models may not be as useful as many industry observers once thought. "APRA's heatmaps are still struggling to come to grips with lifecycle ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... due to merge its personal and corporate superannuation funds into Mercer in the first half of next year; the agreement does not include superannuation held on the Panorama or Asgard platforms. The Westpac Group Super Plan is included in the deal which ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... deposits which were guaranteed by the Commonwealth Government in the amount of up to $250,000 per account, High Livez was not a capital guaranteed product. The TMD indicated that customers seeking a capital guarantee were not in the target market." It ...

Gender diversity in investment management slightly improving: Report

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... some progress has been made since its study on the same topic in 2018. According to the report, titled, Diversity inclusive not intrusive, the number of Frontier-rated Australian equity manager teams without any women has fallen from 45% to 15%. Frontier ...