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Showing 1071 - 1080 of 2459 results for "Court"

Financial services the most unethical industry

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
The financial services industry continues to take a beating in the court of public opinion, with new research showing Australian consumers see the banking and finance industry as the most unethical sector in the country. Released today by the Governance ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July last year, Mark McVeigh sparked the case against Rest after he ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
ASIC has commenced Federal Court action against Sargon-owned Tidswell Financial Services and the promoter of mobiSuper over breaches of best interest obligations. Filed with the South Australian Federal Court, the corporate regulator is taking action ...

ASIC freezes Sydney advisers' assets

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2019
The Australian Securities and Investments Commission have obtained consent orders and undertakings in the Supreme Court of NSW against QWL, QWL Asset Management and sole director Ross Hopkins. "ASIC commenced an investigation in relation to allegations ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
ASIC has commenced Federal Court action against MLC Nominees and NULIS today in regards to fees for no service, filing a statement of agreed facts and admissions. ASIC alleges NULIS and MLC (as the current and former superannuation trustees of NAB) ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... defence to her claim seeking compensation for unfair dismissal. The senior lawyer dragged her former employer to Federal Court last Tuesday, seeking over $2 million. She claimed she was bullied and harassed for reporting fee-for-no-service practices ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... Management was the responsible entity for seven managed funds and the trustee of an unregistered fund). A week later, the court appointed Whyte as the fund's receiver responsible for winding up the assets in the fund and returning the money (minus costs) ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
In a fresh blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with ...

ASIC bans former Fitzpatricks employee

ELIZA BAVIN  |  MONDAY, 28 OCT 2019
... company related to Fitzpatricks from 2011 to 2018. ASIC said the woman was convicted of fraud in April this year after the court found that she had used her own banking security token and a second banking token that did not belong to her to transfer ...