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Showing 1091 - 1100 of 2460 results for "Court"

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... breaches of anti-hawking provisions to ASIC." The case will be first mentioned on November 19 at the Downing Centre Local Court in Sydney. CommInsure was recently sold to Hong Kong-based insurance giant AIA, though delays in the deal's completion ...

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
... Advice Research. The fund also permanently appointed Renato Mota as its new chief executive in June of this year. IOOF won a court action brought on by APRA in September this year with the Federal Court clearing the wealth company, and its former chief ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... for former business Australian Executor Trustees, which exposed it to millions in compensation costs after last Thursday's court judgement in the S.E.A.S Sapfor Forests Pty Ltd case. The company notified investors of the potential financial impact in ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... Australian Executor Trustees (SA) Limited, formerly owned by IOOF, is expected to pay about $80 million after yesterday's court judgement on its conduct as the trustee to a forestry investment scheme. AET was appointed as the trustee of the S.E.A.S ...

Results of ASIC MDA review imminent

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
The Institute of Managed Accounts Professionals (IMAP) has released its submission to ASIC as the regulator reviews managed accounts, with a special focus on managed discretionary accounts (MDAs). This comes ahead of the results of ASIC's review of ...

APRA considers appeal in IOOF case

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... to examine a range of legal questions related to superannuation law and regulation that had not previously been tested in court. "Litigation outcomes are inherently unpredictable, however APRA remains prepared to launch court action, where appropriate ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online fraud syndicate which used stolen information to access and steal funds ...

Dealer group to fight grandfathered commissions ban

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... financial advice and lower consumer access. "Our industry is at a critical crossroads. The outcome of this challenge in the High Court of Australia will affect the industry for years to come," Ardino said. "We believe we should be doing as much as we ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... resources to Royal Commission related referrals and matters within the Office of Enforcement. It specifically mentioned court action ASIC has taken against Select AFSL, Dover and NAB as a result of the Royal Commission. ASIC chair James Shipton said ...