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Showing 701 - 710 of 937 results for "Compensation"

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... ultimately, a royal commission. "We don't believe that the Joint Committee was effective enough and we are seeking compensation for the 310 victims and to bring the people responsible for the Trio Fraud to justice," he said. Matters also noted that the ...

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... unlicensed credit activities. The regulator has also sought civil penalties orders against the companies, as well as compensation for six consumers. Consumers were seeking small value loans of amounts from $500 to $2000 and were required to sign documents ...

CBA in talks to hand over management of three funds

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
... CMIL board the management fee it currently pays to Commonwealth Bank. In return, it is likely to have to pay some compensation for taking over the management rights. CBA has confirmed that it has submitted a similar proposal to the board of Kiwi Income ...

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
... "with Mr Levitt's full knowledge". But Levitt is confident that victims of Storm Financial could get "much higher' compensation that what ASIC settled for. Meanwhile, ASIC "rejects any suggestion that it has not acted as a model litigant in any of the ...

Storm lawyers take ASIC and CBA to court over settlement

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... victims. Principal Stewart Levitt told Financial Standard that victims of Storm Financial could get "much higher' compensation that what ASIC settled for. "If we get a 100% of our claim, the amount of compensation that Storm victims could receive is ...

Opposition challenges Labor to review Trio fraud

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
... However, while Cormann expressed concern for these victims, he did not make a direct call for Bowen to grant further compensation. Rather, he said Bowen should "explore whether the unique circumstances surrounding the Trio collapse justify at least a ...

BT overcharged customers, refunds $2.3m

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
... contacting affected customers and, where appropriate, compensating them. All customers affected will be advised of any compensation by August 2013.

Allianz appoints COO

LAURA MILLAN  |  MONDAY, 1 JUL 2013
Allianz Australia has appointed a new chief operating officer and a new chief general manager of Workers Compensation, both effective in September. Current Allianz chief general manager of Workers Compensation David Krawitz will take over the role of ...

Platforms to explain choice of investment products

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... will give further consideration to extending this requirement to cover external dispute resolution and corresponding compensation arrangements. The revised guidance is contained in Regulatory Guide 148 Platforms that are managed investment schemes and ...

Storm founders will face trial

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... arising from the court's decision to dismiss the defendants' application. In May 2013 ASIC secured $1.1 million in compensation on behalf of two former Storm investors, Barry and Deanna Doyle. ASIC has also appealed a recent decision of the Federal Court ...