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Showing 481 - 490 of 792 results for "fraud"

Data security emerging as a superannuation risk

ALEX DUNNIN  |  TUESDAY, 3 SEP 2013
Consumer expectations for online account access and the push for e-commerce solutions as part of Super Stream mean data security will emerge as one of the biggest risk priorities for super funds. However, most super funds are not equipped to handle ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... were not warned about the very real risk of not having access to a statutory compensation scheme in the event of theft or fraud," Tanzer said. Tanzer also mentioned aggressive advertising and an increase in the targeting of SMSFs by less scrupulous operators. ...

Problems, problems, problems

BENJAMIN ONG  |  TUESDAY, 27 AUG 2013
"Problems, problems, problems all day long Will my problems work out right or wrong..." -Everly Brothers Ahhh, the 'ber' months...they're almost here.A And true to form problems in the investment landscape are multiplying.A Statistics show that September ...

NAB embroiled in £1.3 billion UK bank scandal

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
... one of 13 UK banks that will have to pay back customers after they mis-sold protection for identity theft and credit card fraud. The Financial Conduct Authority (FCA) yesterday announced that insurer Card Protection Plan Limited (CPP) and 13 banks, including ...

Wealthsure adviser guilty to criminal charges

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
Former WealthSure financial adviser has pleaded guilty to 22 criminal charges following an Australian Securities and Investments Commission (ASIC) investigation. Appearing in the Sydney District Court, Brian William Veitch, formerly of Minto, New South ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... occurred on May 2013 when a judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by the Australian Securities and Investments Commission (ASIC) after Macquarie ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
The Victims of Financial Fraud (VOFF) are pushing for another inquiry on the Trio Capital fraud after the Parliamentary Joint Committee (PJC) failed to address the victims' main issues of concern. VOFF spokesperson Paul Matters told Financial Standard ...

Aussie super, a tempting catch for organised crime

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
Well-resourced and sophisticated international organised fraud networks are increasingly targeting the large pool of compulsory superannuation savings in Australia. While traditionally the greatest threat to super savings came from opportunistic individuals ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
... dishonest conduct, misleading statements and unconscionable conduct, 20 on credit issues and six of misappropriation, theft and fraud. Individuals and entities ASIC took action against in the six months include Macquarie Equities, Suncorp, former Bill ...

Fraud and cybercrime biggest non-investment risks to family offices

MARK SMITH  |  TUESDAY, 23 JUL 2013
Sustainability, data loss, fraud and theft are among the top non-investment risks faced by private families and the offices that serve them, according to The Family Wealth Alliance's 2012 Inaugural Security Study. For the study - which was conducted ...