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Showing 1421 - 1430 of 5396 results for "Federal"

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... in its defence to her claim seeking compensation for unfair dismissal. The senior lawyer dragged her former employer to Federal Court last Tuesday, seeking over $2 million. She claimed she was bullied and harassed for reporting fee-for-no-service practices ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
In a fresh blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... RBA's interest rate offensive isn't producing the same effect on the Australian dollar. More pointedly, the US Federal Reserve's rate cutting of its own is negating the RBA's efforts to push the Australian dollar down. The A$/exchange ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... enforcement notices and handling advice complaints and insurance claims at different points in time. In a claim filed with the Federal Court on Tuesday, she says she was bullied and harassed for reporting fee-for-no-service practices to top AMP executives. ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... held to account and required to compensate its members." CBA said it acknowledges that proceedings have been filed in the Federal Court and are reviewing the claim. On Thursday last week, CFS was hit with a class action from Maurice Blackburn Lawyers ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
The Australian Prudential Regulation Authority will not appeal the Federal Court decision to dismiss its court action against IOOF. The case related to the management of conflicts of interest, the appropriate use of superannuation fund reserves and ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... the matter until December 17, when it will then be mentioned in the Downing Centre Local Court in Sydney. In January the Federal Court slammed Miller with a 25-year ban for advising SMSFs and other CFS Private Wealth clients to transfer more than $4.7 ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... breaches of super trustee duties that it said have caused losses to over 100,000 members. The class action was filed in the Federal Court in Victoria and names former CFS executive director Linda Elkins in particular. The action alleged CFS's implementation ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
The legislation that will end grandfathered commissions has passed both houses of federal parliament. Under the reforms, the benefit of any conflicted remuneration payable under a contract must be passed on to the client. The Treasury Laws Amendment ...