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Showing 11 - 20 of 97 results for "High Court"

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
... to the ATO as part of this process. Sukkar also highlighted the significant decision handed down on April 6 by the High Court of Australia in Commissioner of Taxation v Carter. "The decision concerned the effect, under tax law, of a beneficiary 'disclaiming' ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... implied recommendation in each call and the intention was to "close" the deal while on the phone. In February, the High Court dismissed Westpac's appeal of the Federal Court's 2019 decision. At the time, Press said: "The High Court has provided ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... comprehensive advice to their clients. Separately, AIA New Zealand has been ordered to pay NZ$700,000 by the Auckland High Court after the insurer admitted it misled and made false representations to customers. The Financial Markets Authority instigated ...

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
... some success in the past. Roberts said many of the lawyers that will be assisting Mawhinney's appeal also worked on a High Court appeal in December 2020 against Parks Victoria, which successfully stopped Parks Victoria shooting 600 Australian brumbies ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... needed to protect consumers," chief executive Dante De Gori said. The findings follow ASIC's win over Westpac in the High Court in February, confirming that Westpac Securities Administration and BT Funds Management did provide personal financial ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
The outcome of the High Court decision on general advice will have an interesting and simplifying effect on the design and distribution obligations coming into effect later this year, according to a lawyer. Speaking at a Financial Services Council (FSC) ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... to respond to the letter. If Link does not agree to compensate investors, Leigh Day will commence proceedings to the High Court. Law firm Harcus Parker is also suing Link, alleging that Link failed to ensure investors could redeem their shares on request ...

Westpac exec goes part-time

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
... relating to breaches of anti-money laundering and counter terrorism laws. The bank also had its appeal dismissed by the High Court of Australia regarding two of its subsidiaries providing unlicensed personal financial advice. In addition, APRA's review ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... year after an extraordinary general meeting and at the special meeting of WTW shareholders which was ordered by the High Court of Ireland. The merger was proposed in March 2020 with an agreement to merge operations in an all-stock transaction with an ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
The High Court has affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. In a decision handed down today, the High Court of Australia dismissed Westpac's appeal, determining the ...