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

Search Results

Showing 511 - 520 of 566 results for "Civil"

ComSuper faces executive and admin reforms

RUTH LIEW  |  MONDAY, 30 NOV 2009
Government superannuation schemes have not escaped ongoing governance reviews, with the schemes' administrator ComSuper mandated to outsource some of its work to cut taxpayer bill and the 'Commissioner for Superannuation' role dropped in favour of a ...

Pension fund head gets jail sentence

RUTH LIEW  |  WEDNESDAY, 4 NOV 2009
... francs from the purchase, noted the paper. IPE.com reported that he will also face a fine which will be decided in a separate civil lawsuit. There have been no known cases in Australia where a pension fund chief has received a jail sentence for causes ...

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
... capital invested of $393 million as at January 2006 when the Group collapsed. Since November 2007, ASIC has commenced 19 civil actions seeking to recover funds for investors in the majority of the Westpoint companies.

ASIC takes MFS Group to court

COMPANY RELEASE  |  MONDAY, 2 NOV 2009
The regulator has started civil proceedings against the former executives and officers of MFS Group and its three subsidiaries for alleged transactions that breached responsible entity laws. The Australian Securities and Investments Commission (ASIC) ...

Centro execs to face tough penalties

MICHAEL HOBBS  |  WEDNESDAY, 21 OCT 2009
... Wilkinson, all former non-executive directors and James Hall, Paul Cooper, non-executive directors also form part of ASIC's civil proceedings. The Australian Securities & Investments Commission (ASIC) is seeking to disqualify the directors and officer ...

ASIC targets Brighton in Westpoint swoop

ASIC RELEASE  |  THURSDAY, 8 OCT 2009
... will seek damages on behalf of a number of Westpoint investors who were clients of Brighton Hall Securities, is one of 19 civil actions ASIC is now taking to recover funds for the benefit of Westpoint investors. ASIC will allege that Brighton Hall Securities ...

Future Fund guardian joins Coffey International

RUTH LIEW  |  FRIDAY, 25 SEP 2009
... insurance services. Mulcahy has also headed Lend Lease Property Investment as chief executive, and played a similar role in Civil and Civic. He is an industry veteran with over 27 years management experience across financial and property investments. ...

RSL calls for super revamp

MICHAEL HOBBS  |  WEDNESDAY, 26 AUG 2009
The Returned Services League (RSL) is calling for the government to address how it calculates military pensions after an alternative pension index rose by almost double the consumer price index in the first half of this year. Bill Crews, national president ...

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
ASIC has commenced civil proceedings to wind up and appoint a liquidator to Finchley Central Funds Management - the responsible entity of managed investment scheme, Finchley Development Capital Funds. ASIC is seeking orders from the Federal Court of ...

ASIC approves Opes Prime settlement

ASIC RELEASE  |  WEDNESDAY, 5 AUG 2009
... Act) by Opes Prime and alleged involvement in the contravention by ANZ and Merrill Lynch. The second potential claim was a civil penalty and compensatory action against the directors of Opes Prime, and the ANZ bank. ASIC announced in March 2009 that ...