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Showing 331 - 340 of 4158 results for "Action"

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... made aware of a backlog in death benefit claims in November 2020 but, ASIC said, "failed to take prompt and appropriate action to prevent and redress the backlog, including by its failure to... terminate its arrangements with Link... cease charging monthly ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... employees. BGC is seeking damages and costs from IAM. The employees and the company deny the allegations and have defended the action, and the parties have progressed into confidential mediation," IAM said. "In the meantime, IAM continues to incur legal ...

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... made modest inroads with gender parity, and closing the wealth and financial literacy gap, but the reality is accelerated action is needed from the government and private sector to tackle entrenched inequalities as an economic imperative. This year's ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... that either proposal will result in a transaction at this time. "Insignia Financial shareholders do not need to take any action in relation to either proposal," the board said. The $5 per share offer proposed by both bidders also considers the value ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
The Securities and Exchange Commission (SEC) has filed a joint stipulation to dismiss its civil enforcement action against Coinbase Inc, and its parent company, Coinbase Global. The decision follows the formation of the SEC's Crypto Task Force in January ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
ASIC has taken action to freeze the assets of the First Guardian Master Fund and its responsible entity Falcon Capital nearly one year after investors were locked out from accessing their funds. The First Guardian Master Fund is run by First Guardian ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... court in the proceedings as one of the pieces of evidence that we relied upon, and obviously there were concerns about any action by any superannuation trustee that indicates an attempt to benefit the trustee over the interests of the member." During ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... said. "After extensive review of the options available to Perpetual shareholders, we believe this is the right course of action to deliver long-term value for our shareholders. My conviction in the quality, performance and growth opportunities across ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... and reality. CFS executive director of retirement and growth Marissa Powe said it is important for Australians to "take action" if they would like to achieve a comfortable retirement. "Speaking to your super fund or financial adviser is a great place ...