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Showing 1371 - 1380 of 3918 results for "law"

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... decision to uphold QSuper trustees' decision on his total permanent disability (TPD) benefit interest involved "errors of law". In the judgment handed down yesterday, the court dismissed Chapman's appeal and asked him to pay QSuper's costs ...

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... said the filing of the action was delayed by a High Court decision in December around how class actions are funded, requiring law firm Corrs to sign up a minimum number of advisers to the action to ensure viability. With a series of town hall meetings ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
AMP is facing a fresh class action, as Shine Lawyers confirms it is investigating whether the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. Shine Lawyers alleges the beleaguered firm failed ...

Former licensee boss banned

JAMIE WILLIAMSON  |  TUESDAY, 11 FEB 2020
... executive of Spectrum Wealth Advisers had a poor understanding of his obligations and failed to ensure advisers complied with the law, banning him over his involvement in the licensee's numerous failures. Mark Schroeder was director, chief executive ...

ACCC denies impropriety

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
The ACCC has denied acting with impropriety in bringing criminal cartel charges against ANZ, Citigroup and Deutsche Bank. The regulator is being questioned after the Commonwealth brought charges against ANZ, Citigroup and Deutsche Bank following the ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... moral compass to recognise the conduct was wrong and, as AMPFP now accepts, the conduct amounted to a serious breach of the law," Justice Lee said. AMPFP admitted that during July 2013 and September 2014 "it ought reasonably to have known Panganiban ...

Perpetual appoints APAC lead

ALLY SELBY  |  MONDAY, 3 FEB 2020
Perpetual has appointed a new managing director to lead its Asia Pacific operations. Matt Allen has rejoined Perpetual in the newly-created Singapore-based role, and will be responsible for the firm's growth strategy. He will focus on growing the Perpetual ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... new class action over issues connected to the bank's monitoring of financial crime and the recent AUSTRAC scandal. Rosen Law, a US based international investor rights law firm, filed the class action on behalf of purchasers of Westpac shares between ...

Amish community scammed

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
An alleged fraudulent investment scheme has targeted the Amish community in the US, with the Securities and Exchange Commission now bringing charges. The SEC's complaint alleges Philip Riehl provided accounting services to Amish and Mennonite communities ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... arrangements in super. Annual renewals, identification of services and consent to fees will be necessary if the legislation becomes law. The Insurance Contracts Act would also be amended so that an insurer may only avoid a contract of life insurance ...