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

Search Results

Showing 841 - 850 of 902 results for "Compensation"

GIO Insurance directors hit with heavy penalties

HAMISH MADDEN  |  THURSDAY, 3 AUG 2006
... disqualified until 30 June 2016, fined $200,000 and ordered to pay one-third of ASIC's costs. He was also ordered to pay compensation for the equivalent of US$143,750 at an exchange rate calculated as at 3 June 1999. All three had the commencement of ...

Former NSW Treasurer joins HOSTPLUS

HAMISH MADDEN  |  FRIDAY, 7 JUL 2006
... progressive governance structure." Collins is also currently a NSW Government appointed board member for the Workers Compensation Insurance Fund Investment Board and Macquarie Generation as well as chair of the Cancer Institute (NSW) and a board member ...

New appointment for APRA board

ALEX DUNNIN  |  FRIDAY, 23 JUN 2006
... James Hardie that later become embroiled in the James Hardie asbestos claims scandal, though the Medical Research and Compensation Foundation inquiry later found the consulting firm was inappropriately briefed even though a KPMG study reportedly using ...

Daily Economic Update

... quarter. This is more than double market expectations and follows a sharp 3 per cent rise in the previous quarter. Compensation per hour increased by 5.7 per cent over the quarter and 3.8 per cent from a year earlier.

Aviva add medical advice to illness cover

... critical illness area, which is not covered by superannuation default insurance options or covered through workers compensation claims.

ING Australia to correct unit pricing errors

ING Australia and six of its major subsidiaries will provide up to $25 million in compensation to affected investors for past unit pricing errors. The company discovered the possible unit pricing errors last May and commissioned PricewaterhouseCoopers ...

ASIC and IAG resolve premium problems

... remedy these problems in future. It will also continue to compensate affected customers who have not yet received compensation. ASIC issued a direction under the Corporations Act 2001 which requires IAL to provide regular reports to ASIC on the problem ...

APRA punishes errant super trustees

... test as defined in the Superannuation Industry (Supervision) Act 1993. As a result the Derstepanians agreed to pay compensation in excess of $225,000 to the fund along with $70,000 on behalf of the fund to the Australian Taxation Office. Sarkis Derstepanian ...

Class action filed against retirement fund managers

AAP  |  FRIDAY, 10 JUN 2005
... of money when the fund was closed. "We have commenced a class action in the NSW Supreme Court in order to recover compensation for investors, many of whom had their retirement savings at stake," Goldman said. Smith and Rich gave undertakings to the Australian ...

FPA calls for regulation of property investment advice

... concern to the FPA and a national regulatory regime should cover disclosure, access to dispute resolution schemes, compensation arrangements, and competency requirements for property investment advisers. "There is no reason why property investments should ...