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Showing 731 - 740 of 900 results for "Compensation"

Financial planners crushed by rigid ATO

ALISON BEVEGE  |  MONDAY, 4 APR 2011
... contribution cap rules with no ability to amend mistakes are causing financial planners to be caught by a new surge of compensation claims, industry leaders have said. Dante de Gori, general manager of policy and government relations for the Financial ...

Market Wrap - Morning

AAP  |  MONDAY, 4 APR 2011
... Japanese government is considering injecting public funds into TEPCO as it faces mounting damage costs and possible compensation payments, but not to the level of nationalising it. WELLINGTON - The New Zealand share market closed higher on Friday. The ...

Alleron hires equity analyst

ELISE BURGESS  |  THURSDAY, 31 MAR 2011
... equity analyst. In his previous role as director of investment management at WorkCover NSW, Kwan managed the Workers Compensation Insurance Fund equity portfolio. He has also held senior positions in equity analysis, portfolio management, investment ...

Investors in line for Fincorp payout

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
... their losses from Fincorp Investments, after the Federal Court of Australia authorised the release of details of the compensation scheme. A proposed multi-million dollar settlement that will include holders of unsecured debt has been negotiated between ...

UBS wealth mgmt to review compliance

ELISE BURGESS  |  FRIDAY, 18 MAR 2011
... flaws in the production of statement of advice. Tony D'Aloisio, ASIC chairman, said the EU should allow for quick compensation for any UBS WMA clients who suffered any losses while giving UBS WMA a timeframe to rectify its advice business. "It sends ...

ASIC clampdown on poor business models in advice

ELISE BURGESS  |  MONDAY, 14 MAR 2011
... inform clients about their IDR processes, explain how to make a complaint, promptly assess the complaint and pay compensation," said ASIC. Advisers who are found to have provided inappropriate advice may also be banned. Greg Miller, general manager of ...

ASIC slaps seven-year ban on planner

ELISE BURGESS  |  FRIDAY, 11 MAR 2011
... making statements or forecasts that were misleading, false or deceptive. CFP has already established a major client compensation program, calculating the alternative investment positions clients would currently hold if they had received appropriate advice ...

Advisers must deliver alpha

ALEX DUNNIN  |  WEDNESDAY, 23 FEB 2011
... rather than by efforts to beat the market. "Demonstrating value for advisers will become increasingly important as the compensation structure evolves from a transaction-based [commission] system to a fee-based, asset management framework," said Kinniry. ...

Poor advice fine to reach $200k

ELISE BURGESS  |  MONDAY, 21 FEB 2011
... $200,000 if the adviser is found guilty of reckless behaviour. The new law would also open the door for court-awarded compensation to be paid from the adviser to the client, a resolution that is currently not available to the public. If the new legislation ...

ASIC strikes $67.45m in Westpoint settlement

MATT WOODINGTON  |  WEDNESDAY, 2 FEB 2011
... (ASIC) has reached a settlement agreement, handing investors in the Westpoint Group an additional $67.45 million in compensation. The latest stage of the litigation process was carried out on behalf of the Westpoint Group of companies against some of ...