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Showing 981 - 990 of 1464 results for "Investments Commission"

Financial mentor to be wound up

HAMISH MADDEN  |  THURSDAY, 31 AUG 2006
A Brisbane financial mentoring operation will be wound up after The Australian Securities and Investments Commission (ASIC) obtained court orders to proceed with liquidation. The Supreme Court of Queensland also ruled that director Andrew Carr had carried ...

AMP FP patches up the cracks

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
... headlines on 26 July after entering into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC). The EU centred around perceived shortcomings in super switching advice offered by some AMP planners. Despite a ...

Jailed super fraudsters forfeit nearly $6m

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
... been ordered to forfeit millions of dollars in holdings and assets. Following an Australian Securities and Investments Commission (ASIC) investigation into the early release of superannuation scheme, Andre Michalik and his son, Martin Michalik, were ...

SEC hits fraudulent insurer with $790m penalty

... Commission (SEC), the US equivalent to Australia's financial services regulator the Australian Securities and Investments Commission (ASIC), has ordered life insurer Prudential Equity Group (PEG) to pay $790 million (US$600 million) for defrauding mutual ...

Scam targets ethnic community

HAMISH MADDEN  |  FRIDAY, 25 AUG 2006
The Australian Securities and Investments Commission (ASIC) has warned investors to be wary of investment schemes targeted at specific communities after it acted to shut down a scam targeting the Australian Chinese community. ASIC investigations uncovered ...

Advisor charged with $1.5m fraud

HAMISH MADDEN  |  MONDAY, 21 AUG 2006
An advisor has been charged after an Australian Securities and Investments Commission (ASIC) investigation found that he allegedly defrauded almost $1.5 million from investors. Financial advisor Antonio Pisano appeared in Armadale Magistrates' Court ...

Big tax hits drive after-tax reporting

KATE HAGE  |  FRIDAY, 18 AUG 2006
... and client understand that's what the product does," said Bowerman. While the Australian Securities and Investments Commission (ASIC) has not taken a particular stance on after-tax reporting, the regulator's equivalent in the US, the Securities and Exchange ...

AustralianSuper moniker confusion

... checking, but then maybe they were aware of it anyway." A spokesperson for the Australian Securities and Investments Commission (ASIC) said when companies register their names through the regulator even very similar ones are permissible. He added that ...

ASIC bans broker and adviser for life

HAMISH MADDEN  |  MONDAY, 14 AUG 2006
The Australian Securities and Investments Commission (ASIC) has imposed permanent bans on an insurance broker and a former ANZ Bank adviser for syphoning off significant amounts of money. Former insurance broker Dennis Whittaker, who was general manager ...

Past performance is misleading advertising: ASIC

HAMISH MADDEN  |  WEDNESDAY, 9 AUG 2006
The Australian Securities and Investments Commission (ASIC) has warned investment funds about using past performance as part of advertising or promotional material, singling out a recent advertising campaign by BT Financial Group. In issuing its warning ...