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Showing 911 - 920 of 920 results for "Compensation"

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 ...

Another adviser pleads guilty to ASIC charges

... that Mudge managed to fraudulently withdraw a total of $197,375 before the offence was halted. He has agreed to pay compensation to the client. Mudge was remained in custody until April 16.

ASIC reaches agreement with former One.Tel boss

... being involved in the management of any corporation, for between 10 and 15 years. He is also found liable for the compensation of $92 million to One.Tel and is ordered to pay ASIC's costs of $750,000. As part of the agreement Keeling denies that he deliberately ...