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Showing 741 - 750 of 900 results for "Compensation"

Ponzi scheme operator jailed

ELISE BURGESS  |  FRIDAY, 28 JAN 2011
... worth $141,800. Bucello will serve a minimum of two and a half years in prison and ordered to repay $1,207,537 in compensation to the investors. Australian Securities and Investments Commission (ASIC) found that Bucello received over $2.5 million in ...

AIG sells Nan Shan stake

MEDIA RELEASE  |  TUESDAY, 25 JAN 2011
... agents, according to an AIG statement. For example, the agreement specifies that the new owner maintain existing compensation and benefits package for employees and retain the existing organisational and commission structure. Ruen Chen has also expressed ...

Bell Potter faces $22m class action

ELISE BURGESS  |  FRIDAY, 3 DEC 2010
... and were then used by brokers to promote the stock to the firm's clients," said Moulis. The class action is seeking compensation for share trading losses, legal costs and interest resulting from the alleged actions. Bell Potter Securities declined to ...

ASIC takes legal action against Storm founders and banks

ASIC RELEASE  |  FRIDAY, 26 NOV 2010
... Commonwealth Bank of Australia Limited (CBA), Bank of Queensland Limited (BoQ) and Macquarie Bank Limited (MBL), to seek compensation for investors who lost funds after Storm went into liquidation last year. However, ASIC will not file the compensation ...

No pension for corrupt Bell staff

RUTH LIEW  |  MONDAY, 15 NOV 2010
... came after the City of Bell did not provide the information to properly determine retirement benefits, reportable compensation and enrollment in the retirement and health systems for certain employees. The investigation found that the pay rates failed ...

Commonwealth Fin Plng compensates investors

ASIC RELEASE  |  WEDNESDAY, 3 NOV 2010
Commonwealth Financial Planning will implement a major client compensation program after an ASIC investigation. According to ASIC, a former CFP representative employed until July last year potentially breached various sections of the Corporations Act ...

Female planners paid less

ELISE BURGESS  |  FRIDAY, 1 OCT 2010
... industry, the gap opens by an additional one per cent. The report, which used data from over 1,000 respondents, assessed compensation, benefits, job characteristics and functions, retention and turnover rates for 22 financial positions nationwide. The ...

Light at the end of the Storm tunnel

RUTH LIEW  |  MONDAY, 20 SEP 2010
... Financial claims have been finalised and 1,500 investors compensated by the Commonwealth Bank a year after CBA offered compensation to investors. The law firm received more than 1,120 claims since the start of the resolution scheme - and more than 900 ...

ANZ to compensate Storm victims

RUTH LIEW  |  MONDAY, 20 SEP 2010
... Bank has started a Storm resolution scheme, with the law firm calling it "another important step forward in winning compensation for victims of the failed financial planning company". The scheme was developed by the bank with the help of Slater & Gordon ...

ATO tackles SMSF fraud risk

ELISE BURGESS  |  FRIDAY, 17 SEP 2010
... fraud, stating that "if your superannuation fund suffers from fraudulent conduct or theft, you won't be eligible for compensation under superannuation law". What's more, ASIC also states that the trustee is responsible for any decisions made, even if ...