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Showing 51 - 60 of 122 results for "Media reports"

Market wrap PM

AAP  |  MONDAY, 15 SEP 2014
... Construction giant Leighton Holdings was down 97 cents to $20.87 after trading ex-dividend and following further media reports about the company allegedly paying kickbacks to corrupt Iraqi officials.

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... fraud relating to financial advice they received," the bank said. The Open Advice Review program was set up after media reports and a Senate Economics Committee inquiry unveiled systemic problems within CBA's financial advice businesses Commonwealth ...

AMP lifts minimum adviser standards

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
... follows a similar announcement by Commonwealth Bank (CBA), which has been at the centre of a Senate inquiry after media reports unveiled cases of adviser misconduct and inconsistent client compensation processes. AMP will also set up a Customer Advice ...

CBA posts record profit, strong wealth management growth

LAURA MILLAN  |  WEDNESDAY, 13 AUG 2014
... the cases of poor advice and adviser misbehaviour within CBA's financial planning units, which were unveiled by media reports and a sweeping Senate Economics Committee inquiry. Since then, CBA has put in place an Open Advice Review program to review ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... chair of the US Securities and Exchange Commission from 2009 - 2012. The Open Advice Review program was set up after media reports and a Senate Economics Committee inquiry unveiled systemic problems within CBA's financial advice businesses Commonwealth ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... normally apply to FOS matters." The additional licensee conditions were imposed to CFPL and FW by ASIC in May after media reports unveiled new cases of poor advice within CBA's financial planning businesses. At the time, ASIC acknowledged that CBA had ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
Macquarie Group has denied recent media reports claiming its advisers cheated on competency tests and exposed clients to high-risk investments, saying that it would refer the matter to the Australian Press Council (APC). In a statement on its website ...

Market wrap

AAP  |  MONDAY, 21 JUL 2014
... disentangle the companies' cross ownership structure. Fairfax Media gained 2.75 cents to 93.75 cents, following media reports billionaire Gina Rinehart is considering launching a takeover bid for the company.

Investors should take responsibility for themselves: Medcraft

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... report its conclusions on the extensive inquiry into ASIC's performance that was prompted about a year ago after media reports revealed that the regulator had failed to act against cases of misconduct within Commonwealth Bank's financial planning unit. ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... and ABC investigation shed light on more cases of poor advice within the bank's financial planning businesses. The media reports also prompted Shine Lawyers to start an investigation into a potential class action against Financial Wisdom. "If an action ...