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Showing 241 - 250 of 2501 results for "Legal"

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... recently announced $270 million to $320 million will be needed to refresh the outdated the system. It also follows ASIC's legal proceeding against the ASX in August regarding the CHESS replacement project, alleging the exchange made misleading or ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... also garnered interest. But there were also some industry scandals that got tongues wagging, primarily when things took a legal turn. Here were the top stories for 2024: Highest paid industry executives revealed (February 9) Australia's highest paid ...

Real Asset Management taps DWS sales exec

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... asset manager. He also served as head of index and multi-asset distribution for LGIM in London, part of the FTSE 100-listed Legal & General Group. He previously held senior roles at MSCI Inc, Citigroup and Suncorp Group. RAM group chief executive Scott ...

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... committee. Insignia engaged Citigroup and Gresham Advisory Partners as its financial advisers and King & Wood Mallesons as its legal adviser. Its shareholders aren't required to take any action in relation to the indicative proposal. Yesterday, Insignia ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... nomination can be difficult for some members. However, despite this, having a valid nomination is crucial for providing legal clarity on where to pay a benefit in the event of death. "Bringing the nomination process online makes it a much simpler process ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... relationships with new investors and their advisers in the region. Mancini has 25 years of funds management, corporate advisory and legal experience, working primarily across fixed-income, infrastructure, private equity, and real estate transactions. ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... clear message that abuse is not tolerated in any form. We strongly support government and parliament moving to close this legal loophole and protect victims of family violence and financial abuse." The SMSF sector, meanwhile, appears to be a hotbed for ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... was due to go to a four-week hearing in mid-November, but the matter has now been settled for $64.25 million, inclusive of legal fees. The amount is still subject to court approval and the settlement is without admission of liability. "Superannuation ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
... management. Two new appointments will round out the leadership team. Prime Super will welcome two new executives - one to run legal and governance and the other to look after risk and compliance. Luke Hooper has 20 years of experience in superannuation ...