| Search Results | Showing 1 - 10 of 49 results for "ASIC Act" |
| | | ... million in remediation to customers to date but it hasn't paid back customers charged prior to 31 December 2007. The ASIC Act contraventions attract a maximum pecuniary penalty of between $1.7 million and $2.1 million per contravention. ASIC said ANZ's ... |
| | | | ... nominate a superannuation fund will be defaulted into AustralianSuper. From that time, ASIC will employ people under the ASIC Act instead of the Public Service Act. Under the Public Service Act, new employees were defaulted into the Commonwealth Superannuation ... |
| | | | ... issued by ASIC. However, ASIC said the payment of the infringement notice is "not an admission of a contravention of the ASIC Act." |
| | | | ... case against Westpac in November - with the Federal Court ordering Westpac to pay $3.3 million for contravening the ASIC Act 2001 by its involvement in setting the ASX Bank Bill Swap Rate in 2010. An independent report was ordered by the court, to review ... |
| | | | ... 196 instances of misconduct relating to financial advice, as well as contraventions to the Corporations Act and the ASIC Act in relation to fees for no service during the Royal Commission. These revelations forced AMP's chief executive at the time ... |
| | | | ... ensnared Australian banks this year. On Friday the Federal Court ordered the bank pay $3.3 million for contravening the ASIC Act in its involvement in setting the BBSW eight years ago. Additionally, the bank will welcome an independent expert into its ... |
| | | | ... Slater and Gordon allege the sales practices amounts to unconscionable conduct, meaning MLC and NAB contravened the ASIC Act. Acting on behalf of customers, the law firm believes NAB knew that its credit card insurance was likely to be of little use ... |
| | | | ... deceptive or likely to misleading or deceive"; Engaging in "unconscionable" conduct contrary to section 12CA of the ASIC Act for charging the PSF, attempting to retain and avoid reimbursement in circumstances where it was known that the fee should never ... |
| | | | ... services laws. ASIC determined certain terms of the policy were detrimental to clients and unfair under section 12BG of the ASIC Act because they created a significant imbalance in the rights and obligations of the adviser and their client; and were ... |
| | | | ... conscience as informed by the normative standards and their implicit values enshrined in the text, context and purpose of the ASIC Act specifically and the Corporations Act generally," Justice Jonathan Beach said in his judgement. In the four occasions ... |
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| | KANIKA SOOD | 12:26PM The private wealth firm is gearing up to add to its offering, chief executive Jonathan Hoyle says. | KANIKA SOOD | 12:23PM One of Australia's oldest global shares LICs is bidding farewell to its portfolio manager who is leaving the manager after 19 years to pursue other opportunities. | | | JAMIE WILLIAMSON MLC Life has added a head of new fund partnerships to its growing group insurance capabilities. | JAMIE WILLIAMSON The Fund Manager of the Year has been named at the eighth annual Zenith Fund Awards, with the winner also taking out top honours for infrastructure and international equities excellence. |
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