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Showing 121 - 130 of 296 results for "Class action"

Count Financial adds member firm

ANNABELLE DICKSON | WEDNESDAY, 23 SEP 2020

... them to continue delivering quality advice at a time when Australians need it more than ever," he said. It comes as class action proceedings were filed against Count Financial by Piper Alderman who alleges it did not ensure its financial advisers did ...

Rest climate change case pushes ahead

ELIZABETH MCARTHUR | WEDNESDAY, 16 SEP 2020

... Barnden has two other cases related to climate change on foot. O'Donnell v Commonwealth and Ors is a potential class action with lead claimant Katta O'Donnell, who owns Australian government bonds. O'Donnell is seeking to hold the Australian ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR | TUESDAY, 15 SEP 2020

... Dreamworld, over the Thunder River Rapids deaths in 2016 thrown out. Colin Ingram and Judy Tolloch are lead applicants in a class action being brought by Piper Alderman against Ardent Leisure on behalf of shareholders in the company. Ingram and Tulloch ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR | MONDAY, 7 SEP 2020

... handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's deeds of release ...

Count Financial faces class action

ANNABELLE DICKSON | FRIDAY, 4 SEP 2020

Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR | TUESDAY, 1 SEP 2020

... cast a vote either way. AMP cut BOLR valuations from 4x recurring revenue to a maximum of 2.5x last year. In July, a class action was filed against AMP by its own advisers over the reduction in BOLR values. The Australian Small Business and Family Enterprise ...

HESTA takes active approach to class actions

ELIZA BAVIN | THURSDAY, 27 AUG 2020

... enhance the long-term value of companies they invest in on behalf of members." HESTA said it recognises that the class action industry contains a number of specialist entities and warrants oversight. "Regulation should ensure that the risk premium awarded ...

Facebook, Google face crypto class action

ANNABELLE DICKSON | WEDNESDAY, 26 AUG 2020

Sydney-based law firm JPB Liberty has filed a class action against Facebook and Google for the losses suffered by Australian cryptocurrency providers after their bans on cryptocurrency advertising. JPB Liberty is seeking damages for the losses the cryptocurrency ...

Westpac ditches dividend

ELIZA BAVIN | TUESDAY, 18 AUG 2020

Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR | TUESDAY, 11 AUG 2020

Enrolments in a fresh class action against Bendigo and Adelaide Bank on behalf of investors in the Great Southern managed investment scheme are being finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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