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Showing 621 - 630 of 688 results for "Penalty"

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... and corporate watchdog ASIC to implement aspects of the Stronger Super reforms. The reforms include a new administrative penalty framework, registration of fund auditors and improved data collection. The increased funding is to be raised by increasing ...

Budget 2011: minor investors cut short

ELISE BURGESS  |  WEDNESDAY, 11 MAY 2011
... able to qualify for the LITO on any low earning income therefore a minor tax threshold would go right back to the child penalty rate which would limit their received distributions right back to $416 before child penalty tax rates would kick in."

UK FSA fines false advice

MICHELLE BALTAZAR  |  TUESDAY, 19 APR 2011

Fincorp chief handed reduced jail term

RACHEL DAVIS  |  MONDAY, 11 APR 2011
... reduced period due to exceptional circumstances which are the need to care for his physically disabled son. The maximum penalty for each offence is five years imprisonment and/or a $220,000 fine. He is disqualified from managing another Australian corporation ...

Financial planners crushed by rigid ATO

ALISON BEVEGE  |  MONDAY, 4 APR 2011
... one to play in." Busoli said massive penalties were then incurred for minor mistakes. "A mistake of $100 can result in a penalty anywhere from $30 to $140,000," he said. "That scale of penalties is absurd." Busoli said the cost of private indemnity insurance ...

BT targets advisers with contribution tracker

MATT WOODINGTON  |  TUESDAY, 29 MAR 2011
... in 2010 and most are thought to have exceeded the limit inadvertently. Regardless, it can result in a 93 per cent tax penalty. BT Wrap's Super Contributions Tracker enables advisers to create up to date contribution reports for their super clients, which ...

Astarra director faces five years jail, $220k fine

ASIC RELEASE  |  WEDNESDAY, 8 DEC 2010
The former director of Astarra Asset Management, Shawn Richard, faces a maximum penalty of 5 years imprisonment or a $220,000 fine - or both - and has been banned for life from providing financial services. Richard pleaded guilty to two charges of dishonest ...

ASIC bans adviser and charges former director

ELISE BURGESS  |  WEDNESDAY, 10 NOV 2010
... bank accounts he controlled, using the funds for the three companies and his own personal use. Finnigan faces a maximum penalty of five years' imprisonment, a $220,000 fine, or both, in relation to each charge.

Market Wrap - Midday

AAP  |  TUESDAY, 12 OCT 2010
... senior adviser Stuart Smith was optimistic the market would improve throughout the day, however. "We're probably paying the penalty for being up 20-odd points yesterday, but I think we're just taking 24 paces back so we can having a running jump at 4,700," ...

Former liquidator face 19 ASIC charges

ELISE BURGESS  |  TUESDAY, 24 AUG 2010
... Falling under section 176A of the NSW Crimes Act, Ariff is facing 13 charges under this act which each carry a maximum penalty of 10 years imprisonment. Additionally, Ariff allegedly made false statements regarding receipts and payments associated with ...