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Showing 781 - 790 of 937 results for "Compensation"

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 ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
... settlement, worth $2.5 million, is one of six reached by ASIC on behalf of investors in the Westpoint Group seeking compensation for their failed investments. The settlement will provide returns to 90 investors and payments have been posted during the ...

ASIC reaches sixth Westpoint settlement

ASIC RELEASE  |  WEDNESDAY, 15 SEP 2010
... is subject to the approval of the Federal Court. If approved by the court, the Dukes' settlement should result in compensation being paid to eligible investors. In April 2008, ASIC started class actions against Dukes to seek compensation for clients ...

Former liquidator face 19 ASIC charges

ELISE BURGESS  |  TUESDAY, 24 AUG 2010
... imprisonment for five years or a combination of the two. To date, Ariff has been ordered to repay $4.9 million in compensation to creditors across 16 different companies.