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Showing 6521 - 6530 of 6885 results for "Act2"

APRA bans MD

APRA has disqualified former managing director of Rural and General Insurance Aaron Stephenson from any participation as a director or senior manager of a general insurer authorised non-operating holding company, or as a senior manager or agent of a ...

CSAM maintains AAA rating

Following on from CSAM's recent trend towards losing fund management mandates good news is on the horizon as ratings agency S&P affirming its AAA rating for CSAM's international equity funds. The funds are offered by CSAM Australia and Capital International. ...

Debt collection protection

With the levels of personal and household debt on the rise, ASIC and the Australian Competition and Consumer Commission (ACCC) have jointly released a manual defining their respective roles in the regulation of debt collection. While both bodies recognise ...

Retail activity constant

The Cashcard Retail Activity Index for October 2004 has reported retail spending has remained constant at just under $17 billion worth of purchases during the month. This figure indicates the pattern of spending has returned to normal following the ...

APRA ousts trustee of Melbourne super fund

The Australian Prudential Regulation Authority (APRA) has removed Reno Auto Sales as the corporate trustee of the Smith Group Superannuation Fund after the trustee was found to be operating the fund not in compliance to the requirements of the SIS Act. ...

Former financial adviser imprisoned

The Victorian County Court has sentenced former financial adviser Robert Street to a gaol term of five years and three months with a non-parole period of four years after he pleaded guilty to five charges of obtaining a financial advantage by deception. ...

UniSuper Trustee investigated by ASIC on disclosure and complaints handling

ASIC has accepted an enforceable undertaking from the trustee of the UniSuper Fund regarding its disclosure and complaints handling procedures. The undertaking follows the regulator's investigation into UniSuper's failure to provide member statements ...

New guide on rebates and commissions

A guide on rebates and related payments in the wealth management industry has been jointly released by the Investment and Financial Services Association (IFSA) and the Financial Planner Association (FPA) to improve both payment and remuneration practices. ...

Managing director pleads guilty to fraud

Gregory Waring has pleaded guilty in the Victorian County Court to five charges under the Crimes Act and two charges under the Corporations Act relating to his conduct as managing director of Corrpro Australia (Corrpro). The Commonwealth director of ...

Unlicensed company stopped from issuing securities

ASIC has prevented Ameya Computer Pty Ltd (Ameya) from offering financial products and conducting a financial services business without an Australian financial services licence (AFSL) after the company was caught advertising 'risk free' returns of 10 ...