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

Search Results

Showing 731 - 740 of 937 results for "Compensation"

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... said the ATT. Capital lost had been reimbursed to the Seagrim's Superannuation funds through the government-funded compensation scheme. The ATT provides independent review of a wide range of administrative decisions made by the Australian Government ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
... that it would enable the banks to avoid scrutiny of their misconduct during the GFC. Levitt expects the value of the compensation claim against the banks associated with Storm to be higher than the $1 billion that ASIC has previously estimated. He says ...

Trio fraud victims demand compensation

ALEX DUNNIN  |  THURSDAY, 5 JUL 2012
... (VOFF) said all fraud victims should be compensated by the government. "In the Trio Capital case, VOFF are demanding compensation for all without discrimination, paid by the government," he said. Telford rejected as disingenuous claims that because they ...

Waiting on the world

BENJAMIN ONG  |  THURSDAY, 5 JUL 2012
... third quarter of 1991. Have jobs (and some handouts), will spend. With the Gillard government distributing carbon tax compensation in May, and June and 123,400 people finding jobs in the first five months of this year alone, and the RBA lowering borrowing ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
... an environment where investors could feel confident when making decisions. "While victims of CIA will receive some compensation following the urgent court orders we obtained in September last year to freeze investor funds, the scam will also be shut ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme. In the wake of the Trio fraud there has been a misconception as to what the legal standing of SMSFs is when frauds ...

Trio investor secures damages from adviser

BEN COLLINS  |  FRIDAY, 8 JUN 2012
... fund regulated by the Australian Prudential Regulation Authority (APRA) have been eligible for Federal Government compensation.

SPAA: Last resort compensation scheme needed

LINDA HAUSKEN  |  WEDNESDAY, 23 MAY 2012
There is a convincing argument for the establishment of a last resort compensation scheme, according to Self-Managed Super Fund Professionals' Association of Australia chief executive, Andrea Slattery. "Superannuation fraud affects ordinary Australians ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
The St. John report on compensation arrangements for consumers of financial services recommends strengthening existing compensation arrangements before implementing a 'last resort' scheme. The Compensation Arrangements for Consumers of Financial Services ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
... and not targeted. The argument behind a possible tax break windback is that superannuation is part of an employee's compensation and so as it goes it up so should their taxation rates. "The truth is that superannuation is part of an employee's total ...