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Showing 931 - 940 of 4098 results for "Conduct"

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... related entities within the group charged over $10 million in advice fees to more than 11,000 deceased customers. This conduct allegedly went on for 10 years. In the case related to group insurance, ASIC alleges BT Funds Management charged super members ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... ceased to be liquid, investors were entitled to withdraw only when a withdrawal offer was made by La Trobe. "The misleading conduct was serious and had very considerable potential to mislead the public about the characteristics of the investment options ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
... documents provided were fraudulent. ASIC deputy chair Sarah Court said that ASIC is concerned that as a result of this conduct, some loans may have been granted by ANZ based on false information and some consumers may have entered into home loans that ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. In response to the application, ASIC requested further time to consider its position. Piper Alderman class action lawyer ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... order, including 100 hours of unpaid community work. Apogee revoked Saad's authority in October 2017 and reported his conduct to ASIC. ASIC deputy chair Sarah Court said: "The sentence imposed demonstrates the seriousness of this misconduct." "Facilitating ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... performance by those trustees who recently failed APRA's performance test. "Where we identify misleading or deceptive conduct, we will intervene to achieve corrective disclosure or take enforcement action, if appropriate," Longo said. ASIC will also ...

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... adviser David Fong and his financial planning company Fong Financial Partners have been charged with engaging in dishonest conduct, following an investigation by the regulator. ASIC alleges in its legal action that in 2014, Fong via Fong Financial Planners ...

New study finds advisers optimistic about growth

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
Iress' inaugural Advice Efficiency Survey reveals that more than 70% of advice practices forecast growth over the next three years. The survey, commissioned by Iress alongside practice development consultancy Business Health, conducted the research ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... over 800 pages of court filings and all relevant annexures to support their application," Roberts said. "This type of conduct unfairly portrays our client and is detrimental to his public image. It seems ASIC has opted for a trial by media rather than ...

E&P Financial Group director steps down

ANNABELLE DICKSON  |  WEDNESDAY, 17 NOV 2021
... chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct.