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Showing 481 - 490 of 1335 results for "Corporations"

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... ASIC is seeking declarations of breaches of s12DA of the ASIC Act and ss912A(1)(a) and (c), 949A and 1041H of the Corporations Act and the imposition of civil penalties under ss12DB and 12DF of the ASIC Act in relation to the communications. The amount ...

Accountant convicted in fee no service scam

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... Ballintine, NewSat's former chief executive officer, were directors. Cullen was convicted of two counts of breaching the Corporations Act and fined $7500. In delivering the sentence, Judge Sarah Dawes said: "[Cullen] held a position of trust and should ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... representation on boards had more than doubled over the past two decades. "Even as asset managers are increasingly encouraging corporations to improve diversity, Morningstar's equity data shows that corporate boards are steadily becoming more gender ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... Commission, such as the recent civil penalty litigation it took against TAL, for allegedly breaching the ASIC Act, Corporations Act and Insurance Contracts Acts in avoiding an income protection claim in 2014. One case, ASIC said, is currently being considered ...

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... direct-to-consumer channel to our leading advisor-driven model, while also creating a premier Workplace Wealth provider for corporations and their employees," Gorman said. "E*TRADE's products, innovation in technology, and established brand will help ...

Nowra man lies to ASIC, jailed

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... two years imprisonment, with a minimum of one year in custody in relation to contravening section 1308(2) of the Corporations Act 2001. In delivering Merity's sentence, Judge Blackmore was satisfied beyond reasonable doubt that Merity was motivated by ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that financial advisers will have more time to pass the FASEA exam and meet FASEA's education requirements. Now ...

AustralianSuper, QIC back investment manager

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
... values and are excited to support us in scaling sustainable infrastructure solutions." "As cities, municipalities and corporations increasingly prioritize the undeniable economic benefits of sustainability and decarbonisation, Generate has a critical ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... viable. In its submission, CPA noted the myriad federal acts advisers were required to comply with, including the Corporations Act, Tax Agent Services Act, National Consumer Credit Protection Act, and other obligations imposed under the ASIC Act and ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... than they would have by simply transferring the policies. The court today found AMP contravened section 961L of the Corporations Act six times, incurring a penalty of $5.175 million. The court said the penalty proceeding reflects a "lamentable failure ...