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Showing 721 - 730 of 901 results for "Compensation"

Westpoint directors face charges

ELISE BURGESS  |  MONDAY, 4 JUL 2011
... role as Westpoint's chief financial controller. Rundle will be sentenced on 12 August 2011. ASIC continues to seek compensation after launching a number of actions since the collapse, including actions against State Trustees and a number of financial ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 JUN 2011
... utility TEPCO hit a new all-time closing low amid continued uncertainty over a government scheme to ensure it can meet compensation bills over the crisis at its nuclear plant. Tokyo Electric Power Co (TEPCO) closed down 7.40 per cent at 200 after hitting ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
APRA regulated superannuation funds will pay a maximum $750,000 under the compensation levy being introduced to recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 JUN 2011
... on an announcement by chief government spokesman Yukio Edano that it should avoid bankruptcy proceedings to ensure compensation to people affected by its crippled nuclear power plant. The Nikkei's gain snapped three straight losses for the index, in ...

Second Fincorp director not guilty

ELISE BURGESS  |  WEDNESDAY, 18 MAY 2011
... 'mum and dad' investors. In related news, over Fincorp 500 investors will be compensated for their losses through a compensation scheme.

Deadline tonight for Trio levy submissions

ALISON BEVEGE  |  MONDAY, 16 MAY 2011
... runs out today for superannuation funds to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. With the impost worked out as a percentage of funds under management and capped at ...

Budget 2011: minor investors cut short

ELISE BURGESS  |  WEDNESDAY, 11 MAY 2011
... measure will not impact income earned by minors from work, unearned income of minors who are orphans or disabled and compensation payments and inheritances received by minors. The move is targeting the tax planning opportunity that people previously ...

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
... Superannuation funds have until next Monday to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 ...

Trio victims turn on planners

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
Self-managed super fund trustees left without compensation from the Trio fraud debacle have turned on their former financial advisers. About 100 investors are suing defunct financial planning firm Tarrants Financial Consultants, reportedly on the grounds ...

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
The peak self-managed super fund association wants the law to be changed to allow compensation for their trustees as anger mounts over the Trio fraud case. Affected SMSF trustees are outraged that APRA-managed super fund members will be fully compensated ...