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Showing 671 - 680 of 894 results for "Failing"

Platinum and Iress named 'laggards' on sustainability

JAMES FERNYHOUGH  |  MONDAY, 14 JUL 2014
... said the research showed a positive trend in ESG reporting, but added that the bottom 40% of ASX 200 companies were still failing to meet the reporting needs of investors. Financial Standard contacted Platinum and Iress for comment. At time of publication ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
Macquarie has issued its first public statement since a Senate Economics Committee report flagged "systemic failings of compliance" within its advice business two weeks ago. The group said that it has been working with the Australian Securities and ...

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
Macquarie Private Wealth is in the firing line with the Senate Economics Committee inquiry recommending ASIC undertake "intensive surveillance" of the company in its recently released report. The organisation was referred to by name in one of the Senate ...

Senate inquiry reccommends Royal Commission into CBA

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
The Senate Economics Committee has recommended that the government establish an independent inquiry in the form of a judicial inquiry or a Royal Commission to examine the cases of adviser misconduct within the Commonwealth Bank financial planning businesses. ...

Crowe Horwath and Findex in acquisition talks

LAURA MILLAN  |  WEDNESDAY, 4 JUN 2014
... statement to the Australian Securities Exchange (ASX). "Provided that the competing transaction is a superior proposal and failing to respond to that competing transaction would be likely to constitute a breach of fiduciary or statutory obligations," ...

Queensland advice firm falls foul of regulator

MARK SMITH  |  THURSDAY, 15 MAY 2014
ASIC has accepted an enforceable undertaking (EU) from Queensland-based financial services firm LCL Capital after it found failings in the way the companyA monitored and supervised its advisers. ASIC's investigation came after a review of the advice ...

Younger Australians taking interest in superannuation

STAFF WRITER  |  TUESDAY, 15 APR 2014
... a well-considered plan in the event of major financial setbacks such as unemployment or ill health, with 72% of people failing to consider setbacks in their retirement plans, up 3% from the previous quarter. Investors continue to take a conservative ...

ASIC takes legal action against Mariner over Austock takeover

ALICE URIBE  |  THURSDAY, 3 APR 2014
... misled the market as to Mariner's ability to fund the bid. Finally ASIC said that the directors breached their duties by failing to give sufficient consideration to the steps that needed to be taken before making the announcement. The proceedings are ...

ASFA and AIST push for tighter regulation of SMSFs

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
... associated with SMSFs is often not recognised, let alone addressed. That widespread lack of recognition is of itself a failing of the system," the submission stated, adding: "AIST is not calling for the supervision of SMSFs by APRA. This would also involve ...

ASIC cancels Capital Advisers' licence

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
... administration. ASIC's concerns included Capital Advisers not having adequate compensation and insurance arrangements and failing to have measures in place to ensure their organisational competence. Following ASIC's concerns, Capital Advisers stopped ...