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Showing 781 - 790 of 901 results for "Compensation"

Standard Life fined $4m for bad marketing

COMPANY RELEASE  |  MONDAY, 25 JAN 2010
... contacted existing customers that were identified as holding poorer quality marketing material to find out if any further compensation was needed. Standard Life Assurance fully cooperated with the FSA and agreed to settle at an early stage of the investigation ...

... and transparency strategy to benefit Aussie funds

RUTH LIEW  |  MONDAY, 18 JAN 2010
... advisors. "Fees vary depending on the services provided but are firmly limited by the fund manager ensuring they are fair compensation for the services provided," noted the report. "We are very concerned to ensure that we conduct ourselves appropriately," ...

CalPERS opens black book of placement agents...

COMPANY RELEASE  |  MONDAY, 18 JAN 2010
... Board voted to sponsor new state legislation that would require placement agents to register as lobbyists; prohibit compensation paid contingent upon defeat, enactment or the outcome of any proposed investment action; significantly limit gifts to individuals ...

12 Apostles

BENJAMIN ONG  |  MONDAY, 14 DEC 2009

PE firm pays NY fund $20m in compensation

MEDIA RELEASE  |  FRIDAY, 11 DEC 2009
David Leuschen, the founder of private equity firm Riverstone Holdings, has been ordered to pay US$20 million to the New York State Common Retirement Fund. US Attorney General Andrew M. Cuomo announced an agreement with Leuschen to resolve Leuschen's ...

ASIC presses on with Westpoint compensation

ASIC RELEASE  |  MONDAY, 30 NOV 2009
... and Bongiorno Financial Advisors (Aust). The settlement of proceedings is subject to the approval of the court. The compensation related to financial advice which recommended clients invest in York Street Mezzanine, a company within the failed Westpoint ...

Ripoll recommends investor compensation fund

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
... The Parliamentary Joint Committee (PJC) said the government should investigate launching a "last resort statutory compensation fund" to cover financial advice licensee failings. The committee received a number of submissions from the regulator and Financial ...

CalPERS champions placement agent reform

COMPANY RELEASE  |  MONDAY, 23 NOV 2009
... define placement agents as lobbyists and subject agents to certain regulations. These include the prohibition on compensation paid to placement agents that is contingent upon defeat, enactment, or outcome of any proposed investment action. Agents will ...

MMC pays $428 million in compensation

MEDIA RELEASE  |  MONDAY, 16 NOV 2009
... According to a press statement from Ohio Attorney General Richard Cordray, the lawsuit which was filed in 2004 sought compensation for investors who faced losses by Marsh's failure to disclose a scheme that generated earnings from illegal, anticompetitive ...

Opt out, bailed out

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 10 NOV 2009
... be defined by law as referring to professional advisers only. The associations also called for reforms on client compensation and planner remuneration.