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Showing 251 - 260 of 2494 results for "Legal"

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... pay SG contributions to young workers, SMC said the "discriminatory rule" is complex for businesses to track and ensure legal compliance. "Every Australian worker, at every age, deserves the right to set themselves on the path to a dignified retirement," ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... profit rise 13% and business lending up 9%. The bank added that there may be some unforeseen financial impacts from various legal proceedings brought against it. Westpac said while the class action filed against BT Financial Group, Westpac Securities ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
Retail superannuation offerings from AMP, Macquarie, and HUB24 spend big on external financial advisers, while industry funds prefer to invest in their own advisers and intra-fund advice, new APRA data reveals. APRA's recently published data based ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... Group managing director Justin Hooley said the Australian private credit market is attractive due to its stable economic and legal backdrop, believing the future growth will be substantial. "We continue to identify numerous opportunities in the Australian ...

ClearView announces executive changes

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... counsel. Beaumont joined the company in 2019 from Suncorp Group as general counsel and company secretary and leads ClearView's legal and risk and compliance functions. She is responsible for corporate affairs and regulatory engagement, ClearView said. ...

ASIC makes key appointments to executive team

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... enforcement and compliance, effective 28 October 2024. He is currently employed by ASIC as general counsel and executive director legal services. Savundra brings significant litigation experience to the role from his time with ASIC including some of ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... structure allows long-term crypto participants to transfer their Ethereum into the Monochrome ETF without triggering a change of legal and beneficial title for capital gains tax purposes. There is around $193 million in crypto ETFs in Australia, up from ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... this conduct and his "fundamental lack of competence" and "cavalier attitude" towards his managerial responsibilities and legal compliance, according to ASIC. UGC entered voluntary administration on July 5. One month later, UGC's creditors resolved ...