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Showing 121 - 130 of 358 results for "Supreme Court"

Industry fund appoints new CSO

DARREN SNYDER  |  FRIDAY, 8 JUL 2016
... Commerce, Graduate Diploma of Legal Practice and an Executive Master of Business Administration. He is admitted to the Supreme Court of NSW as a solicitor, is a graduate of the Australian Institute of Company Directors and has achieved a Certificate ...

Supreme Court makes China Growth Fund EGM ruling

ALEX BURKE  |  TUESDAY, 28 JUN 2016
The Supreme Court ruled against voting rights for one of the biggest shareholders of the AMP Capital China Growth Fund at the upcoming extraordinary general meeting (EGM) in July. AMP Life, which holds roughly 36% of units in the China Growth Fund on ...

ASIC takes Macquarie to court over van Eyk fund

ALEX BURKE  |  THURSDAY, 23 JUN 2016
ASIC has commenced proceedings against Macquarie Investment Management in the Supreme Court of New South Wales. ASIC's legal action relates to Macquarie's role as the responsible entity for the van Eyk Blueprint International Shares Fund and $30 million ...

Synchron lands payroll tax win

KERRIE SYDEE  |  TUESDAY, 14 JUN 2016
... not employees or relevant contractors for payroll tax purposes. Synchron requested the matter be referred to the Supreme Court, with the matter set for trial in February 2017, however on 1 June, Synchron's lawyers forwarded a letter from the SRO Victoria ...

ASIC permanently bans ex-HSBC, ANZ planners

KERRIE SYDEE  |  MONDAY, 30 MAY 2016
... adviser Kenneth David Drake was banned after pleading guilty and being convicted of two counts of stealing in the Supreme Court of Tasmania on 5 April 2016. Drake was charged after stealing $940,935 from two elderly clients of his financial services ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... Management (MFSIM), now known as ACN, have been found liable for breaching their directors' and officers' duties by the Supreme Court of Queensland. The MFS Group, subsequantly known as Octaviar, collapsed in 2008 owing $2.5 billion. ASIC launched civil ...

Property spruiker banned for providing unlawful advice

MARK SMITH  |  TUESDAY, 20 OCT 2015
The Supreme Court of NSW has restrained a property business for providing unlawful advice to clients who wanted to purchase investment properties through an SMSF. The judge found that Park Trent Properties Group had been unlawfully carrying on a financial ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
A United States Supreme Court ruling has cleared the way for actions against institutions that fail to monitor the effects that climate change has on their portfolios. The Supreme Court held on 18 May 2015 that trustees have a fiduciary duty, emanating ...

Future Fund and AustralianSuper settle court case

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... own portfolio during a 6-month analysis. Documents released by the Future Fund when it lodged its defence to the Supreme Court of Victoria revealed that the sovereign fund's senior executives David Neal and Mark Burgess had met with AustralianSuper chief ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...