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Showing 111 - 120 of 2437 results for "Claims"

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... (FirstChoice Fund) and Commonwealth Essential Super and later expanded to join Avanteos Investments (AIL) as a party in respect of claims regarding the FirstWrap Pooled Cash Account. CBA said the court has ordered that mediation take place by 8 May 2026 ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
... special rapporteur Francesca Albanese slammed the Government Pension Fund of Norway - which is the world's largest and claims to have the "most comprehensive ethical guidelines" - for helping "bankroll" the genocide in Gaza and illegal occupation ...

CSC quashes internal bullying, sexism claims

MATTHEW WAI  |  MONDAY, 11 AUG 2025
... reporting by the Australian Financial Review that CSC received a complaint letter from a senior legal counsel, which included claims that chief executive Damian Hill "had made misogynistic comments and dismissed the concerns of female staff." The complaint ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
... insurers agree to uphold when providing services to their customers, covering areas not addressed by the law including claims handling, complaints resolution and product design. "This review will ensure the Life Code continues to reflect the needs of ...

Cbus deputy chief executive resigns

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
... fund's processes for determining the propriety of board directors are lacking. Cbus has also come under fire from ASIC for claims handling delays which the regulator alleges impacted 6500 members.

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... requirements, and failed to comply with the design and distribution obligations for Finder Earn. However, the court dismissed the claims by ruling that the product was not a "debenture" and therefore has not breached the Corporations Act. ASIC has subsequently ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... Australians' superannuation savings. Slater and Gordon principal lawyer in class actions Andy Wei said the firm is investigating claims that investors were advised to put their superannuation savings into largely unreliable funds. "What we're seeing ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
... workforce, and increasing reliance on referral networks. The findings come after CALI revealed payouts for mental health claims for total and permanent disability (TPD) insurance have ballooned over $2.2 billion. The association also noted the trend ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... it failed to have adequate policies, frameworks, systems and controls in place to deal with cybersecurity risks. It also claims that Fortnum had a statutory obligation under the Corporations Act as a financial licensee, and a contractual obligation arising ...

Treasury wants 'more confidence' in sustainable product labels

MATTHEW WAI  |  MONDAY, 21 JUL 2025
... products. "The objective of sustainable product labelling is to ensure that investors have confidence in the sustainability claims made by product issuers, and to ensure that investors can confidently compare different products making sustainability ...