Search Results | Showing 1 - 10 of 92 results for "Westpoint" |
| | ... go back 10 years when you had many companies that were highly rated by research houses collapse such as Timbercorp, Westpoint, Basis Capital and Trio Capital," he said. FASEA Standard 5 and Standard 6 are front of mind when advisers make product recommendations. ... |
| | | A class action launched by ASIC has seen $1.5 million return to investors in Westpoint Group. More than 200 former Wespoint investors who were members of a class action moved against Brighton Hall Securities by the corporate regulator will see $1.5 ... |
| | | ... encouraged financial advisers to recommend risky investments. "The commissions being paid for the advice to invest in Westpoint amounted, on average, to 10% of the amount invested," Bowen said. "And this Government thinks that's just fine. This Government ... |
| | | ... Financial Services and say that there will never be another financial crisis again, there will never be another Storm, Westpoint or Opes Prime I think I'm setting myself up for a fall because you can't account for all circumstances," Sinodinos told Financial ... |
| | | ... regulations. "The FoFA reforms were many years in the making," he said. "These weren't overnight reforms. Scandals including Westpoint, Great Southern, Storm and Trio culminated in a parliamentary inquiry which found that, among other reforms required ... |
| | | ... due to structural changes. "There is lots pressure from regulatory change, the GFC and major product failures such as Westpoint which have affected the reputation of planners," he said. De Gori also pointed the fact that the advice population is ageing ... |
| | | Proceedings against former Westpoint directors Norman Carey and Graeme Rundle have collapsed after the regulator discovered a surprise document, two weeks into the trial. The Australian Securities and Investment Commission (ASIC) said it had disclosed ... |
| | | ... practical skills. More importantly, they must address the public's poor perception of advisers after the collapse of Westpoint and Trio. "If we collaborate and address these issues, we will be in a good space as a profession and we can hold our heads ... |
| | | A finance industry lawyer has warned that the FOFA regulations will not prevent Trio, Storm and Westpoint-type disasters from occuring in the future. "There has been no real change to rules making early detection and pre-emptive enforcement easier against ... |
| | | ... Getting these arrangements right is essential - one only needs to consider the recent corporate collapses like Trio, Westpoint and Storm to appreciate this." The FPA has welcomed the St. John report's findings. "This is a thorough review. Its conclusions ... |
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