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Showing 891 - 900 of 902 results for "Compensation"

ASIC releases directors' guidelines, Elliot banned for four years

... company to trade while insolvent. Mr Elliott and Water Wheel managing director Bernard Plymin were ordered to share compensation costs of $1.4 million, and banned from holding company directorships for four and 10 years respectively. ASIC chairman David ...

Government blocks ALP super theft compensation bid

The Government last night blocked an ALP bid to ensure 100 per cent compensation for superannuation fund members whose savings are lost through theft and fraud. "The Howard Government's decision to only provide part compensation in limited circumstances ...

Adelaide financial adviser sentenced to a year in jail

... take action to protect investors from dishonest financial advisers who misuse clients' money, and will seek not only compensation orders, but also criminal sanctions', ASIC director of enforcement Mark Steward said. Approximately $99,315 was recovered ...

Victorian insurance agent gets three years for theft

... custody with two years suspended on good behaviour. The County Court of Victoria has also ordered him to pay $78,254 in compensation to the victims of his crimes. McNeany received this amount in premiums while operating a company called Integrated Insurance ...

Mortgage industry to establish tribunal to uphold standards

... Scheme (MIOS) and allow the MIAA to internally deal with complaints about members' conduct - that does not involve compensation. The new tribunal will have the power to deal with member misconduct relating to fraud and dishonesty, refusal or failure ...

New super initiative sparks familiar political catfight

... tougher enforcement of the law to ensure financial planners give independent and competent advice to consumers and 100% compensation in the event of theft and fraud and employer insolvency. Labor, he added, also backed low-income co-contribution. Senator ...

ASIC bans Melbourne adviser for four years

... in which Martin's former employer, Hartley's was ordered to pay approximately $1.03 million to Ali as damages and compensation for Martin's 'reckless' trading actions.

Former CNAL director added to APRA's banned list

... recover $5 million from the total lost. Government financial assistance to date has totalled $25 million, but further compensation claims are under consideration, APRA said.

Principal "reviewing" Westpac indemnity over BT compliance breach

... Zealand Securities Act states that if consumers contribute to a fund that which is non-compliant they are entitled to compensation of equal to their initial investments plus 10 per cent interest from time of deposit until refund. Principal said it did ...

Super fund director gets four year ban

... respect." He continued, "today's result finalises proceedings which had already resulted in ASIC receiving $1 million compensation from the insurers of the trustees." The $2.5 million loan, made in July 1997, comprised approximately 14 per cent of the ...

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REI Super chief executive steps down

ELIZA BAVIN

REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.

Former Brighter Super investment lead plots return

MATTHEW WAI

After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI

The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.

BUSSQ beefs up cyber security oversight

MATTHEW WAI

The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.

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