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Showing 311 - 320 of 2501 results for "Legal"

Former AMP advice lead sues The Australian

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... claim Regan has suffered "substantial distress, embarrassment and hurt" as a result of the publication. Regan has hired legal heavyweights Sue Chrysanthou and Craig Osborne to represent him in the matter. Regan worked for AMP for 20 years before stepping ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... implementation of the Delivering Better Financial Outcomes (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... an average taxable income of $460,000. Those in the finance profession also made the top 10 list, along with those in the legal sector. The top 10 highest paid occupations were: Surgeon - $460,356 Anesthetist - $431,193 Financial dealer - $373,733 Internal ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
... the requirements of the Act or the general law." His reasons for this were that, among other things, Block Earner sought legal advice. The judge said that even if he hadn't granted the relief, he would not have awarded any penalty, citing Block Earner's ...

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... arrangement resulted in investors holding only an equitable interest in the fully paid ordinary shares, rather than full legal and equitable ownership rights normally associated with the ownership of ordinary shares." ASIC added that it also acted as ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... ordered them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares into its own name. Prior to the filing ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... scheme or an investment facility." Karaboga also sought advice from the company's head of risk and compliance and received legal advice from Gilbert & Tobin before launching the Earner product. Judge Jackman also argued that Block Earner was not "careless ...

HESTA nabs legalsuper executive

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
HESTA has appointed Alissa Knight to the newly created role of general manager strategic planning, effective June 11. In her new role, Knight will play a crucial role in supporting HESTA's executive leadership team in strategic planning and key ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act 2001 ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... suicidal ideation. The Court subsequently ordered Van Ryn to pay $1.4 million dollars in damages along with the victim's legal costs. But he may never see a cent of this money because the legal loophole by which offenders can hide their assets in ...