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Showing 11 - 20 of 2171 results for "Legal"

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
ASIC has taken legal action against three blockchain mining companies - NGS Crypto, NGS Digital, and NGS Group - along with their sole directors Brett Mendham, Ryan Brown and Mark Ten Caten. The corporate regulator has accused the NGS companies of targeting ...

ESSSuper faces class action threat over unpaid super

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Emergency and State Services Super (ESSSuper) is facing a class action from Gordon Legal and the Rail Tram and Bus Union (RTBU) over allegations of more than $40 million in unpaid superannuation. The $36 billion super fund has been accused of failing ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... well-informed." The consultation will also cover the non-financial aspects of aged care funding strategies. This includes legal aspects like Wills, powers of attorney, or enduring guardianships. Biti said it is essential to distinguish when licensed ...

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
... struck out of the regulator's statement of claim in its ongoing case against him. Further, the details of a $44 million legal settlement reached between Mayfair 101, Mawhinney and the liquidators of IPO Wealth which saw Mayfair 101 regain control ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Lawyers acting on behalf of the embattled Mayfair 101 private equity investment group have applied to the Federal Court to strike out the Australian Securities and Investments Commission's (ASIC) case against the group's managing director James Mawhinney. ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... financial advice provided as per Recommendation 7 of the Quality of Advice Review. This aims to provide trustees with more legal certainty about paying advice fees agreed between a member and their financial adviser from the member's superannuation ...

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... passport and remains in Australia. He was also forbidden to communicate with prosecution witnesses other than through his legal representatives. The matter was adjourned to May 28 for further mention. In 2019, Valvo appeared on A Current Affair claiming ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... to offering investment opportunities by Provide since 28 September 2020," court documents show. In late 2022, ASIC began legal proceedings against Provide Capital following its failures to produce several documents as part of its investigation. On 13 ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... personal values aligned with legalsuper's innovation and growth agenda as the only super fund specialising in Australia's legal sector." He added that legalsuper is focused on evolving the fund's differentiated offer and driving excellence in growth ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... significant or very significant by 83% of managers. While healthcare (72%), financial services and wealth management (70%), legal services (66%), banking (64%), and insurance (61%) are the next-most-cited areas of opportunity for value creation. Managers ...