Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 72 results for "WIC"

ATO initiative raises $640 million from wealthy Australians

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
The Australian Taxation Office (ATO)'s voluntary compliance initiative has exceeded expectations, raising $640 million from wealthy Australians since it was launched four years ago. Following the success of the scheme the ATO announced it has received ...

Accountant gets 6 years jail for promoting tax avoidance scheme

MARK SMITH  |  TUESDAY, 24 SEP 2013
A Gold Coast accountant has been sentenced to 6 years jail for promoting a tax avoidance scheme to clients after the case was successfully brought forward by Project Wickenby, a cross-agency Government taskforce fighting against tax evasion, avoidance ...

Wickham Securities chairman banned for two years

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
The chairman of the collapsed lender Wickham Securities has been banned from financial services for two years and seven months. The Australian Securities and Investment Commission (ASIC) has banned Bradley Thomas Sherwin after he declared himself bankrupt. ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

ASIC freezes defendants' assets in Wickham case

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders to freeze the assets of the 15 defendants in the legal proceedings against Wickham Securities executives. The defendants include eight companies related to Wickham founder ...

AvSuper gets MySuper approval

LAURA MILLAN  |  WEDNESDAY, 13 MAR 2013
The Australian Prudential Regulation Authority (APRA) awarded superannuation fund AvSuper with a MySuper licence, the super fund announced yesterday. Under the new licence, AvSuper will be able to offer members a MySuper option wich includes a single ...

Insurance broker pleads guilty to theft

MARK SMITH  |  TUESDAY, 5 FEB 2013
Insurance broker Bruce Wickett pleaded guilty to stealing close to $700,000 of clients' money over a seven month period. Wickett of Frankston, Victoria, appeared in the Melbourne Magistrates Court charged with three counts of theft totalling $662,198.39 ...

TAL urges trustees to review default insurance benefits

MARK STORY  |  FRIDAY, 30 NOV 2012
Super fund trustees should re-examine whether the levels of default life insurance cover offered by their funds meet member needs, according to specialist life insurer, TAL. APRA's proposed Prudential Standard SPS250 will require trustees to develop ...

Actuaries Institute gives guidance on FCRs

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
The Actuaries Institute has released guidance for Financial Condition Reports (FCRs) for superannuation funds. The development of FCRs are in response to increasing complexity and risks in superannuation funds and anticipate APRA's intention bring the ...

Estelle Pearson Actuary of the Year

BEN COLLINS  |  TUESDAY, 13 NOV 2012
After assisting the Federal Government, advising a Royal Commission and working as an APRA inspector, Estelle Pearson has been named the 2012 Actuary of the Year. Pearson, who is managing director of consulting group Finity, was announced as the winner ...