Former MD pleads guilty
12 August 2003
Former National Transport Insurance MD Trevor Smith, of the Gold Coast, pleaded guilty in the Southport District Court yesterday to 13 charges of dishonestly…
12 August 2003
Former National Transport Insurance MD Trevor Smith, of the Gold Coast, pleaded guilty in the Southport District Court yesterday to 13 charges of dishonestly…
05 August 2003
Assistant Treasurer Helen Coonan’s demand for more detailed information on public and professional liability is being met, with APRA beginning consultation…
05 August 2003
ASIC isn’t sounding worried about the imminent deluge of FSR licence applications heading its way…
29 July 2003
ASIC has released a new licensing guide for nominated responsible officers in a bid to end confusion about their role under the FSRA…
22 July 2003
Mutual risk products are to be classified as financial products under the Corporations Act, says ASIC…
22 July 2003
ASIC has banned former Wollongong financial planner Dennis Anthony from acting as a representative of a securities dealer or an investment adviser for three years…
15 July 2003
HIH liquidator Tony McGrath has dropped plans to sue APRA for its part in the insurer’s collapse, but he’s preparing briefs against a range of other parties associated with…
15 July 2003
APRA has given general insurers a rap across the knuckles over their quarterly data returns…
08 July 2003
Companies contemplating using past financial performance figures to entice investors will have to make sure the information isn’t misleading, or they’ll be dealing with ASIC…
08 July 2003
As if a swag of unwelcome media attention over its parent company’s revenue-raising attempts wasn’t enough, Tower Australia has been ordered by the Federal Court…
01 July 2003
Reserve Bank Assistant Governor John Laker has been appointed Chairman of APRA’s new executive committee as the Federal Government continues its purge of the regulator…
01 July 2003
With three former FAI employees now charged by ASIC with offences brought to light after the HIH collapse, the “APRA 90” remain unidentified…
01 July 2003
ASIC has decided that all financial advisers, including planners, brokers and life insurance sellers, will not only have to disclose the value of commissions but also job perks…
24 June 2003
Financial planners are in a good position in terms of AFS licensing because they only need a similar kind of licence to the one they had in the past, says Pauline Vamos…
24 June 2003
The controversial and damaging ASIC/Australian Consumers Association survey of financial planners attracted more attention than its compilers may have expected…
17 June 2003
APRA has used the HIH experience “to make ourselves better”, says Executive GM Charles Littrell…
17 June 2003
A former Adelaide financial adviser has been sentenced to 27 months in jail for presenting an elderly client with fraudulent documents which allowed him to withdraw…
10 June 2003
ASIC will permit excesses or deductibles on professional indemnity cover to exceed the level prescribed by the Insurance Act 1984, in a bid to assist brokers obtain more…
10 June 2003
A list of proposed changes to the Corporations Act was released late last week by the Federal Government…
10 June 2003
Former Melbourne insurance agent Joseph Francis McNeany was sentenced yesterday to one year in jail and two years on a bond after he pleaded guilty to 20 charges of theft…