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Showing 611 - 620 of 1713 results for "Breach"

AMP names incidents, issues lead

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2020
AMP has hired a former CommInsure risk expert to oversee the issues and breaches facing the firm. Angela Papas has started her new role at AMP Australia as head of incidents, issues and breaches. Papas spent over four and a half years at CommInsure ...

State Street targets insurance outsourcing

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
State Street has partnered with a Danish company to provide an outsourcing solution to insurance firms in the Europe, Middle East and Africa region. SimCorp, which provides investment management software solutions, will provide its cloud-based, multi-asset ...

Evans Dixon to rebrand

KARREN VERGARA  |  MONDAY, 12 OCT 2020
Evans Dixon plans to rebrand and remove 'Dixon' from its name after former chief Alan Dixon severed all ties with the ASX-listed firm. Subject to shareholder approval, Evans Dixon will rebrand to E&P Financial Group and change its ticker code ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... clients placed their trust in Mr Dick and relied heavily on him to manage their finances. His conduct involved a gross breach of this trust and resulted in significant losses for his clients over more than ten years. His sentencing should send a strong ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
The Tax Practitioners Board (TPB) has terminated the company registration of Sydney-based tax agent after she attempted to exploit a COVID-19 stimulus measure for over $20,000. The TPB determined TLL Tax Pty Ltd and its director Liying Tong breached ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
AMP and former employee Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns ...

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... forms of remuneration will always fail to meet the requirements of the Code of Ethics," the guide said. "Advisers will not breach Standard 3 merely by being a duly remunerated employee of an entity that lawfully provides retail financial advice and services ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
ANZ will pay $10 million in penalties for unconscionable conduct after the Federal Court found it breached its obligations as a financial services licensee. Between August 2003 and September 2015, it was found ANZ charged certain fees to personal and ...

BABL named, shamed over Great Southern

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
Bendigo and Adelaide Bank Limited (BABL) has been singled out as breaching the Code of Banking Practice within its Great Southern Loans business unit. The Banking Code Compliance Committee (BCCC) said in its annual report that the BABL breaches occurred ...

BlackRock clamps down on work romances

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
BlackRock is urging its employees to disclose their involvement in office romances, as well as intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest. BlackRock staff members ...