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Showing 621 - 630 of 722 results for "Misconduct"

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
... Peter Whish-Wilson filed a notice of motion on Tuesday calling on the government "to establish a Royal Commission into misconduct within the financial services sector." Whish-Wilson's motion included a reference to "the allegations that financial planners ...

Is now the time to buy IOOF?

LAURA MILLAN  |  TUESDAY, 23 JUN 2015
... Investors and advisers could benefit from the sharp drop in IOOF share price following information in the media about misconduct within its research and wealth management divisions. IOOF share price dropped as much as 21% on Monday as the market reacted ...

ASIC silent on IOOF investigation

LAURA MILLAN  |  MONDAY, 22 JUN 2015
... Australian Securities and Investments Commission (ASIC) has refused to confirm if it will investigate allegations of misconduct within IOOF's research and wealth management divisions. ASIC refused to answer questions by Financial Standard regarding information ...

ASIC looking to introduce civil laws to punish corporates

DARREN SNYDER  |  WEDNESDAY, 3 JUN 2015
... the same offence should be able to be actioned by ASIC in the civil courts just like we can do now for other market misconduct." He said areas ASIC are planning to target are those where poor practices may increase the potential for poor conduct, and ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
... cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated trading processes and not misconduct. As reported in Financial Standard on April 8, the Australian dollar rose to 76.07 US cents (from 75.97) just prior to the ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
CBA chief executive Ian Narev said that he supported the idea of individual adviser misconduct being noted on the ASIC planner register, but the issue was complicated by advisers resigning when the regulator began its investigation. Speaking at the ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... compensation process is going," Williams said. The Senator was the first to raise concerns in Parliament about cases of misconduct by CBA advisers and he tabled the motion for an inquiry into the performance of the Australian Securities and Investments ...

Combined Insurance to work with ASIC on fraud leak

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
... Asia Pacific executive vice president Christopher Carey has said his company will "work with ASIC" to investigate the misconduct exposed by whistleblower Alison Moore. A former employee of the ACE Group-owned insurance firm, Moore revealed what she described ...

FSI submissions close

DARREN SNYDER  |  TUESDAY, 31 MAR 2015
... a call for all superannuation funds to have a majority of independent directors and aligning penalties for director misconduct with those of managed investment schemes. The government is also looking to enshrine in legislation a definition of the purpose ...

DeVere helped US press expose investment fraud

ALEX BURKE  |  WEDNESDAY, 25 MAR 2015
... DeVere, which has recently been expanding its Australian operations, worked with Miami-based OffshoreAlert to expose misconduct at Belvedere Management Group - a wealth management firm in Mauritius which provides "exclusive structured financial solutions ...