Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 4464 results for "Case"

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
... fund via Macquarie Wrap. The legal proceedings against Equity Trustees are ongoing, and the matter has been listed for a case management hearing on 20 February 2026.

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
... obligations," ASIC said. Last year, Fair Work Australia ruled in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could serve as a warning for financial services firms who rely on offshoring. "Financial ...

Netwealth separates itself from First Guardian: 'A case of fraud'

ELIZA BAVIN  |  THURSDAY, 9 OCT 2025
Netwealth has continued to separate itself from the collapse of First Guardian, saying it was a "case of fraud". In its September quarterly business update, Netwealth said it was working cooperatively with industry bodies and regulators in relation ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
ASIC has reported an increase of 50% in investigations and an almost 20% rise in new civil enforcement proceedings in the financial year 2025. In its report for the full year, ASIC highlighted a ramp up in its enforcement activity and work to address ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... been missing out on their super, the impact of the legislation will be even more significant. "In a typical unpaid super case, for a 35-year-old, recovering their super leaves their retirement balance more than $30,000 better off in today's dollars," ...

Super Moves: ANZ Staff, Aware, Equip, ART, VFMC

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
ANZ Staff Superannuation Scheme has appointed William Leong as head of investments, filling the vacancy left by Ruwanie Dias, who took up a role as global head of externally managed funds at QBE Insurance. Leong joins the $7 billion corporate fund from ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
Cbus and MUFG Retirement Solutions have reached a settlement relating to "unacceptable delays" in the processing and payment of death benefit and insurance claims made by Cbus members and claimants. MUFG said it "sincerely apologises to Cbus and its ...

RBA delivers 'hawkish hold'

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... an easing in annual trimmed mean inflation from the 2.7% rate in the June quarter to say 2.6% or 2.5% - as I expect - the case for a rate cut will be very strong," he said. "Of course, an uptick in trimmed mean inflation - which is a risk given some ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... period. These conditions are challenging to assess under traditional TPD definitions due to the varying severity of each case, which can range from long-term and permanent to episodic with a longer recovery period. The rise in claims is also driving ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... collapses." This, coupled with the shortcomings of the Compensation Scheme of Last Resort (CSLR) and its $150,000 cap per case, have them considering several other avenues for recourse. "If the government refuses to fund recovery, we will approach existing ...