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Showing 111 - 120 of 2493 results for "Legal"

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... can be processed more quickly," Sullivan says. "However, delays may occur if additional investigation is required or if legal or beneficiary issues arise." Sullivan says time is needed to confirm the death certificate, validate the policy, and ensure ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... were Macquarie Investment Management Limited (MIML) and Equity Trustees Superannuation Limited (ETSL). ASIC has commenced legal proceedings against both trustees. Last month, MIML reimbursed victims' retirement savings, while ETSL maintains its innocence. ...

Australian Ethical appoints chief operating officer

ANGELIQUE MINAS  |  WEDNESDAY, 22 OCT 2025
... strategic initiatives to support growth, resilience and efficiency. Lane brings more than 25 years of experience across legal, investment, transformation and operational efficiency within superannuation, investment management, financial advice and banking ...

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
... members who have been impacted and working cooperatively with industry bodies and regulators, including ASIC, whilst the legal, regulatory and recovery processes continue." The reduction was included in a $772 million net market movement recorded by ...

AMP platform flows jump 61.6%

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025
... already received $44 million in September and has now reached an agreement to settle with remaining insurers and conclude the legal proceedings. It will receive a further $24 million, taking the total proceeds from the settlement of the claim to approximately ...

BlackRock looks to add Bitcoin ETF to local suite

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
... build a position," Mothoneos said. "In the way most financial advisers or wealth managers build portfolios through ETFs, the legal structure will fit even easier with the asset allocation framework, rather than a self-custody Bitcoin exposure. These ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ...

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
... Addressing REs, ASIC warned that "failing to adequately supervise outsourced functions could result in the RE failing to meet its legal obligations and cause harm to consumers." "Boards of REs need effective and robust risk oversight processes for identifying ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
... clarity, fairness, and transparency for customers. CALI will assemble an expert panel, including medical practitioners, legal specialists, rehabilitation and return-to-work experts, life insurance practitioners, and people with lived experience, to help ...

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
... Simplifier platforms who invested in Shield Master Fund. This is in addition to the initial claim for civil penalties and legal costs. ASIC confirmed the updated Statement of Claim, saying: "On 10 October 2025, ASIC sought to amend its proceeding to ...