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

Search Results

Showing 61 - 70 of 545 results for "Investigate"

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
Licensees are generally slow to report to ASIC because of deficient internal processes and poor monitoring of compliance with the reportable situations regime, a review found. Recent surveillance by ASIC found financial services and credit licensees ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
Keystone Asset Management will be liquidated, as ASIC investigates exactly what's happened to funds invested in the Shield Master Fund. Keystone Asset Management (KAM) was the responsible entity for the Shield Master Fund, the assets of which were ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
... it easier for those experiencing menopause to remain in the workforce for longer. This included a recommendation to investigate the efficacy of existing menopause and reproductive leave policies on offer in Australia, such as those offered by Aware Super ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... settlement agreement was "inconsistent" with AFCA's approach in investments and advice and has since consulted with ASIC to investigate the matter further. The financial firm was using a "deed of release" to settle AFCA complaints, but the terms of the ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... he said. Pocock went on to ask, given so many of ASIC's leadership team hold a membership, who "would be left" to investigate an issue if one were to arise with Qantas, presuming those with a membership would recuse themselves. "Some things have come ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... report by the last sitting day of March 2025. The Financial Advice Association Australia (FAAA) secured the motion to investigate how Dixon Advisory/E&P was able to escape unscathed from providing conflicted advice relating to its in-house product, the ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... of March 2025. The committee is taking submissions until November 1. Senator Pauline Hanson secured the motion to investigate how Dixon Advisory escaped unscathed from providing conflicted advice relating to its in-house product, the US Masters Residential ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... Hanson in the senate yesterday. After pounding the pavement for months, the FAAA has successfully secured a motion to investigate how Dixon Advisory, which is now Evans and Partners, was able to escape unscathed from providing conflicted advice relating ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... in the Dixon Advisory scheme, what role directors and senior management played, and why ASIC failed to adequately investigate and take action in a timely way, despite numerous complaints from as early as 2008," she reinforced. Echoing this, general manager ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... developed to provide greater clarity around what to expect from AFCA processes, greater transparency about the way we investigate complaints and make decisions, and ensure we continue to deliver consistent outcomes for complaints to AFCA," it said. "The ...