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Showing 201 - 210 of 5383 results for "Federal"

Regal Partners charts US expansion

JAMIE WILLIAMSON  |  FRIDAY, 30 MAY 2025
... the group. We expect high demand for such a product, given demographic changes, the phasing out of bank hybrids and the federal government's plans to tax unrealised gains within high superannuation balances," O'Connor said. "Importantly, this type of ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... $20 million of which is owed to former customers of the exchange. ASIC has commenced civil penalty proceedings in the Federal Court against Guo in relation to his dealings with customer funds on the basis of statements made about those dealings and failure ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... overcharged for life insurance premiums. The settlement for the class action, which was brought against the fund in the Federal Court in November 2021, still requires court approval and is without admission of liability. Shine Lawyers, which initiated ...

Count Financial class action dismissed

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... advisers charged some clients ongoing service fees in circumstances where they did not provide them any ongoing service. The Federal Court determined that Count had systems in place to enable it to monitor compliance by Count advisers with their statutory ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
ASIC intends to appeal the Full Federal Court's decision, now seeking special leave from the High Court in its case against Block Earner. The Federal Court decision found that a product issued by Block Earner, which allowed consumers to earn fixed ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... notice is, however, not an admission of liability. Zurich has been contacted for a statement. The fine comes after the Federal Court's ruling of HCF Life Insurance at the beginning of the month - finding the insurer misled the public over a pre-existing ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... Jones. Mulino's vast experience and academic qualifications, which includes working with the World Bank and the US Federal Reserve and lecturing, look to be a point of difference that make him the ideal candidate. Neil Macdonald, the chief executive ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The Federal Court approved the $65 million settlement that was reached in December. At the end of 2024, MLC Super Fund, NULIS Nominees and MLC Nominees agreed to settle the class action that was brought against it for deferring the transition of members ...

Benchmark-clinging passive investors risk meagre returns: Perpetual

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
... Sherwood identified four drivers behind elevated valuations - declining discount rates over three decades, four rounds of US Federal Reserve quantitative earnings during and after the Global Financial Crisis and the COVID-19 pandemic, lower tax rates ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... chair of the House of Representatives Economics Committee. Mulino has previously consulted to the World Bank and the US Federal Reserve and is a former economic adviser to Bill Shorten and former Victorian premier Steve Bracks. He holds a PhD in economics ...