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Showing 51 - 60 of 94 results for "Westpoint"

ASIC bans three Westpoint planners

MICHAEL HOBBS  |  WEDNESDAY, 9 JUL 2008
... Securities and Investments Commission (ASIC) banned three more financial planners involved in misleading clients on Westpoint products from providing financial services. The regulator banned New South Wales based Timothy Harrison from providing financial ...

ASIC bans Westpoint adviser

MICHAEL HOBBS  |  MONDAY, 7 JUL 2008
... Perth-based planner David Roy from providing financial services for seven years after it found he misled clients on Westpoint products. The regulator found between 1998 and 2005, Roy failed to properly investigate Westpoint and other products when making ...

ASIC's Westpoint action faces delay

MICHAEL HOBBS  |  FRIDAY, 27 JUN 2008
ASIC's $245 million case against Westpoint hits a snag after the Federal Court ruled the regulator did not have the power to carry on proceedings started by Westpoint's liquidators. In November last year, ASIC announced proceedings against Westpoint's ...

ASIC bans Westpoint planner

MICHAEL HOBBS  |  THURSDAY, 19 JUN 2008
... Australian financial adviser David Liddicoat from providing financial services for three years after he misled clients on Westpoint investments. Liddicoat provided financial planning services as a proper authority holder and representative of Brighton ...

FPA launches PI insurance for members

MICHAEL HOBBS  |  WEDNESDAY, 4 JUN 2008
... already obliged to hold minimum PI insurance as one of the conditions of their membership, but things have changed since Westpoint, RG 126 and FICS increased monetary limits," said Sanders. "We believe our relationship with Jardine Lloyd Thompson will ...

Clear lines between ratings and research

RUTH LIEW  |  WEDNESDAY, 28 MAY 2008
... drawn in a bid for better clarity of their respective roles. Any ambiguities need to be clarified particularly after the Westpoint scandal, where the sales practices of some product promoters are beyond the control of a credit rating or research house. ...

Ex-Westpoint adviser faces charges

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
... Solutions One Finance Group, faces three ASIC charges for providing advice on a range of financial products, including Westpoint, without the proper licence. ASIC alleges that between 2003 and 2005, Rowntree provided financial advice at North Sydney ...

ASIC divides to conquer

... change. The announcement follows criticism that the regulator hasn't reacted quickly or responded adequately to the Westpoint, Fincorp and Opes Prime disasters. Michelle Baltazar

PI increase sparks debate

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
... $100,000. The change comes after more than 4,000 customers lost around $400 million from the collapse of property developer Westpoint. "A compensation fund of last resort is necessary to ensure that consumers who lose substantial sums are compensated," ...

Seniors vote against Westpoint

... seniors organisation will use their voting rights to ensure financial disasters targeting older people, such as the failed Westpoint scheme, never happen again. Under the 'Seniors Vote 2007' program, the National Seniors Association (NSA) is demanding ...