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Showing 101 - 110 of 1368 results for "AFFECTED"

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... compliments our defence." Furthermore, resetting a member's account can be much more complex than anticipated, as affected members will need to have their driver's licences and passports reissued, as well as reset login details for every account ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges for affected taxpayers. Division 296, which will impose 15% additional tax on super balances over the $3 million threshold once legislated ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... consistently, ASIC said, resulting in more that occurred up to September 2024. ANZ has completed a remediation program for affected customers, which has included customer payments totalling $92,687 and corrections to customer. Another $40 million in ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... savings managed with integrity and diligence. We are proud to have helped deliver accountability and compensation to those affected." The settlement, subject to Federal Court approval, will provide financial redress to eligible AMP superannuation mem ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... interests and takes its compliance obligations seriously. ETSL understands the deeply distressing circumstances for those affected by the misconduct of now banned financial advisers and allegedly fraudulent promoters, responsible entities and managers ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... positions redundant as it works to streamline the business. While the company declined to comment on how many roles were affected, it is understood it is less than 20% of the workforce. "Allianz Australia Life Insurance Limited (AA Life) recently announced ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... substance of the claim in due course". "Equity Trustees recognises the deeply difficult circumstances for individuals affected. We have fully cooperated with ASIC's investigation and are carefully reviewing the claim," Equity Trustees managing director ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... law. Handing down her decision Justice Neskovcin said impacts to customers may have been avoided if NAB had provided the affected customers with the required notices within the prescribed timeframes. "The total number of admitted contraventions of s ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... recognise that the receivership of the Shield Master Fund and First Guardian Master Fund is causing significant distress for affected members. These developments are deeply concerning," Sequoia said in an ASX statement released yesterday. "We remain ...

ASX flags up to $35m in additional operating costs

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... to notify it that it would be rectifying the situation by cancelling the trades and contacting all market participants affected by the cancellation prior to TPG recommencing trade. "This issue arose from an inadvertent human error and I recognise this ...