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Showing 111 - 120 of 682 results for "Proceedings"

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... to the advice business, including the ongoing class action related to commissions for advice and insurance advice. Proceedings for this case are listed for a four week trial in the first half of 2026.

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... transferring property out of Australia, incurring new liabilities, or withdrawing funds from their bank accounts. The proceedings regarding the interim orders have been adjourned to next week. Hewish, on his social media, describes himself as a professional ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... to consumers," ACCC commissioner Liza Carver said. Grubisa will also be responsible to pay the costs of the court proceedings for the ACCC. It is understood that DG Institute and Grubisa have launched an appeal against the Federal Court's decision. ...

Former AMP advice lead sues The Australian

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
Former AMP head of advice Jack Regan has launched defamation proceedings against The Australian claiming an article published by the news outlet inferred he misled the Australian Investments and Securities Commission (ASIC). Regan claimed the article ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
... after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered a range of fixed-yield earning products based on crypto-assets, alleging Block Earner was ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares into its own name. Prior to the filing, WAM ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... "additional" super contributions made by "convicted child sexual abusers" in the six or 12 months leading up to criminal proceedings to be made available to victims for the purposes of satisfying unpaid compensation orders. Minister for financial services ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... devastating financial positions for those victims. ASIC said Ali left the country on 8 May 2018, during ongoing civil proceedings commenced against him by ASIC and while there was an ongoing ASIC investigation into his conduct. Following an application ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
ASIC has instigated "urgent proceedings" in the Federal Court against Brisbane financial adviser Sunny Prakash and his many associated companies. The corporate regulator is investigating Prakash and his "related companies" - Principal Financial Services ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... reminder that many crypto products are financial products and that providers need to hold a licence," Longo said. "These proceedings should send a message to the crypto industry that their products will continue to be scrutinised by ASIC to ensure consumers ...