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Showing 41 - 50 of 72 results for "Storm Financial"

Light at the end of the Storm tunnel

RUTH LIEW  |  MONDAY, 20 SEP 2010
Slater & Gordon expects all Storm Financial claims lodged with the law firm to be finalised by the end of this year. According to a Slater & Gordon statement, more than 900 Storm Financial claims have been finalised and 1,500 investors compensated by ...

ANZ to compensate Storm victims

RUTH LIEW  |  MONDAY, 20 SEP 2010
ANZ Bank has introduced a new package to compensate Storm Financial investors. According to a Slater & Gordon statement, ANZ Bank has started a Storm resolution scheme, with the law firm calling it "another important step forward in winning compensation ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
... findings of the Ripoll Inquiry on the collapse of failed property group Westpoint and financial planning firm Storm Financial. Central to the reforms is the ban on conflicted remuneration, such as trail commissions, volume rebates and bonuses, and shelf ...

Regulator launches Storm website

ASIC RELEASE  |  THURSDAY, 15 APR 2010
The regulator has launched a website for Storm Financial investors to keep them informed about its investigations. The website has a public area that includes general information about the Australian Securities and Investments Commission's (ASIC) investigations ...

ASIC a step closer to Storm resolution

ASIC RELEASE  |  FRIDAY, 19 MAR 2010
ASIC has completed a major phase of its investigation into failed Storm Financial and is entering the next part of its investigation, aimed at achieving a commercial resolution for investors. The next phase will now take place until the end of May 2010 ...

Advisers to boost political clout

RUTH LIEW  |  MONDAY, 8 MAR 2010
... time when planners continue to be branded negatively on a wide scale in the media, particularly after the fall of Storm Financial and advisers' roles in pushing failed MIS products such as those offered by Timbercorp and Great Southern. Meanwhile the ...

Hartsuyker takes aim at govt reviews

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
... clients. "Strengthening the trust lost in financial advisers as a result of investment fund collapses such as Storm Financial and Opes Prime is an important facet in providing investors with confidence," he said. But he did not support the report's recommendation ...

PJC points finger at Storm model

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
... found the lack of information that banks could provide on margin loan accounts "deeply troubling" but also found Storm Financial's investment model significantly contributed to the problem. The PJC said while it is not the committee's role to blame different ...

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
... Australia on behalf of more than 50 clients who borrowed from the bank to invest in schemes promoted by the failed Storm Financial. In a legal first the claims were settled using the Storm Financial Resolution Process developed by law firm Slater & Gordon ...

Not proud of Storm involvement: Norris

RUTH LIEW  |  THURSDAY, 1 OCT 2009
CBA chief executive Ralph Norris has acknowledged that the bank's involvement with Storm Financial was not something he was proud of - but hopes the processes put in place to help affected customers would ease some of their burden. Norris told an audience ...