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Showing 641 - 650 of 927 results for "Failing"

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... misleading statements to clients about the value of their SMSFs, providing unlicensed managed discretionary account services, failing to comply with financial services disclosure obligations and failing to act in client's best interests." The court also ...

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... fees. As the responsible entity for the van Eyk fund, it was found that Macquarie contravened the Corporations Act by failing to comply with its duties as a responsible entity of the VBI Fund which saw $30 million directed to the Cayman Islands-based ...

LICG will fight on after failing to trigger AFA constitution talks

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
The Life Insurance Customer Group (LICG) has failed to trigger an extraordinary general meeting of the Association of Financial Advisers (AFA) to explore a change to the body's constitution after nearly half of the submissions it sent requesting one ...

Hedge funds battle identity crisis

DARREN SNYDER  |  MONDAY, 25 JUL 2016
... is running at about 80 to 90% with equities. Now that kind of correlation is not an alternative and that's a bit of a failing on the industry's part," Dunn says. "Providing better transparency, in terms of what it is actually driving returns that people ...

Collaboration key to surviving change

KERRIE SYDEE  |  TUESDAY, 19 JUL 2016
... change is through experimentation and sharing that knowledge with your peers in a collaborative way of experimenting, failing, succeeding, improving and going to the next generation," he said. "We've seen this very much in the technology space over the ...

Nationals senator not giving up on life insurance investigation

ALEX BURKE  |  TUESDAY, 12 JUL 2016
... opt-out situation and I think it should be an opt-in one, especially when, as I said, we're seeing stories about insurers failing to pay claims." Ultimately, Williams argued that it doesn't matter what the composition of the Senate ends up being once ...

Cbus signs new Paris ESG commitment

ALEX BURKE  |  TUESDAY, 5 JUL 2016
... Initiative and The Generation Foundation launched the new statement in Paris last week, based on their joint finding that "failing to consider long-term investment value drivers, which include environmental, social and governance issues, in investment ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Sydney based financial planning firm for failing to meet a number of key obligations. ASIC cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed ...

ASIC takes Macquarie to court over van Eyk fund

ALEX BURKE  |  THURSDAY, 23 JUN 2016
... Statement of Facts to contraventions of the Corporations Act in its capacity as a responsible entity for the fund. These are: failing to adequately address the risks of investing into the Cayman Islands fund on three occasions; allowing members to redeem ...

Former Equititrust CEO appeal refused

KERRIE SYDEE  |  TUESDAY, 7 JUN 2016
... 2011, ASIC initially suspended McIvor's Australian financial services licence (AFSL) of Equititrust for 12 months for failing to comply with a number of key obligations as a financial services licensee. Equititrust is the responsible entity of the Equititrust ...