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Showing 851 - 860 of 917 results for "Compensation"

Lo-doc broker to pay client compensation: ASIC

... discovery, ASIC has asked for an order restraining Skeers from lodging other loan applications and that the company pay compensation to the borrower. Michelle Baltazar

Property promoter gets life ban and $1.1m penalty

Donald Maxwell, a promoter of illegal mezzanine fund schemes, has been ordered to pay $1.122 million in compensation and penalties and has been disqualified from providing financial services for life. Maxwell was the principal promoter for two failed ...

Product complexity blamed for systemic errors

WWW.THESHEET.COM  |  TUESDAY, 10 OCT 2006
... includes the power to investigate and resolve systemic issues, with all customers affected able to benefit from any compensation awarded. Banks also gave the BFSO power to negotiate an agreed course of action with financial institutions to resolve systemic ...

Legacy product solution on its way

KATE HAGE  |  MONDAY, 7 AUG 2006
... disadvantage to members through the transfer mechanism chosen." Lowe said product manufactures need to also consider how compensation will be paid out to members, adding that express consent may not have to be sought, "we have considered how to do that ...

ASIC defends AMP FP action

KATE HAGE  |  THURSDAY, 3 AUG 2006
... the best outcome for those affected," said Lucy, adding that dragging the matter through the courts could delay any compensation by up to two years. Opening the Investment and Financial Services Association's (IFSA) annual conference on the Gold Coast ...

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.