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Showing 841 - 850 of 919 results for "Compensation"

Life ban for adviser after altering codes

RUTH LIEW  |  THURSDAY, 17 JAN 2008
... Another disgraced Donald Maxwell, a promoter of illegal mezzanine fund schemes, was ordered to pay $1.122 million in compensation and penalties in October 2006 and similarly disqualified from providing financial services for life.

PI increase sparks debate

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
... comes after more than 4,000 customers lost around $400 million from the collapse of property developer Westpoint. "A compensation fund of last resort is necessary to ensure that consumers who lose substantial sums are compensated," said Gordon Renouf ...

US investors receive $312m from Fair Fund

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
Another week, another compensation resolution for US investors. This time the Securities and Exchange Commission (SEC) is about to distribute $312 million through the Fair Fund created as part of the settlements with Qwest Communications International ...

Economic round up: weather winners and losers

SUZY MAC  |  TUESDAY, 26 JUN 2007
... those asked to limit use to only essential operations, was forced to cut consumption by 85 per cent and is seeking compensation from lost production. The Energy Users Association believes that last week's gas shortage wont be the last and EUA executive ...

Investors will be compensated for dud advice: Pearce

ALEX DUNNIN  |  MONDAY, 21 MAY 2007
... does the ASX of participants." The initiative follows the Westpoint scandal where many clients were unable to obtain compensation because advisers found to have breached their obligations were unable to raise sufficient funds to payout compensation claims. ...

Kiwibank fined over lack of disclosure

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
... Commission has successfully prosecuted ANZ, National Bank, the Bank of New Zealand and Westpac. The total payout in compensation, fines and costs is more than A$25 million. In Kiwibank's case the exchange rate used to convert foreign currency transactions ...

Funds address $750m in errors: Deloitte

... Best Practice Guide released in late 2005. According to one industry estimate, around $750 million has been paid in compensation for unit pricing errors in recent years. Put in perspective, this is equivalent to a miniscule 0.08 per cent of the combined ...

Daily economic round-up

PETER BELL  |  THURSDAY, 8 MAR 2007
... now be 22.8 per cent below the figure of a year ago. There has been an average growth of 4.2 per cent in employee compensation and growth in labour costs rose by 3.3 per cent implying upward pressure on inflation. Also, engineering cost are up 9.1 per ...

Share option pay deals for US directors reducing

ALEX DUNNIN  |  FRIDAY, 9 FEB 2007
... Institutional Shareholder Services (ISS) has found there is a significant downward trend in directors' long-term compensation packages structured through stock options in favour of deferred stock awards. The 2007 Board Practices Board Pay Study, a report ...

Market wrap - morning

AAP  |  THURSDAY, 1 FEB 2007
... Hardie Industries is holding an extraordinary general meeting in Sydney to brief Australian-based shareholders on the compensation deal negotiated by the asbestos groups, unions and the NSW government. A vote on the agreement will take place at the company's ...