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

Search Results

Showing 211 - 220 of 2493 results for "Legal"

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... (that members ultimately bear the cost of), so it seems unreasonable to ask members to pay the costs of an external non-legal review, a review that may also financially benefit the reviewer in respect to potential findings and remediation activity, when ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... family and domestic violence in their related product design to minimise the risk of misuse. "As life insurance policies are legal contracts where the right to make changes to the policy or to transact on the policy sits solely with the legal policy ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... industry failures. Rest's mishandling comes as other major superannuation funds have been caught up in ASIC investigations and legal action for stalling on death benefit payouts. The industry fund, which has over two million members, wrote to impacted ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... concepts such as finance, economics or accounting. They will also need to complete financial advice subjects covering ethics, legal and regulatory obligations, consumer behaviour and the financial advice process," he said. "This provides relevant core ...

MLC Life names chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 10 FEB 2025
... positive uplift in our risk capability. She has also done a fantastic job leading our risk, compliance, governance, and legal function during what has become a time of significant change for our business." He added that's he's delighted to have Ammon ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... concepts such as finance, economics or accounting. They will also need to complete financial advice subjects covering ethics, legal and regulatory obligations, consumer behaviour and the financial advice process," he said. They will still need to complete ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... capability. The court battle between Keybridge and WAM has been ongoing for close to five years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares into its own name. Prior ...

Independent financial planning boutique opens in Brisbane

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... that they would hope is right." Scarrabelotti explained she frequently collaborates with other professionals, bringing in legal, tax, or business succession specialists when required, describing her role as akin to a project manager. Scarrabelotti's ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... remains unclear whether the fund has now cleared the backlog or if unresolved cases remain. Last November, ASIC also launched legal proceedings against Cbus over delays in processing insurance claims, alleging members were impacted by delays to death ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ...