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Showing 351 - 360 of 3936 results for "Law"

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... consequences for deliberate and repeated failures. SMC deputy chief executive Georgia Brumby said passing payday super into law is crucial to ensuring the millions of Australis who are short-changed get every dollar of super they're owed. "Unpaid super ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... were adequately trained and competent. "Many digital assets and related products are financial products under the current law," Court said. "We are consulting with the sector to improve regulatory clarity, and ASIC will continue to use the full range ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
... decision'." Bonderman graduated from the University of Washington in 1963 with a major in Russian studies and went on to Harvard Law School where he graduated Magna Cum Laude in 1966. While at Harvard, he won a fellowship that took him to Egypt and the ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... that Bit Trade continued offering the product, despite knowing or having ought to have known, it was likely in breach of the law. "... Bit Trade's contraventions were serious and motivated by a desire to maximise revenue," he said. ASIC chair Joe ...

Engage Financial launches practice management firm

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... Engage Financial said the new partner firm is designed specifically for financial advisory, accounting, mortgage brokerage, and law firms. The company aims to transform leadership teams and business operations, enabling clients to achieve measurable ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... action filed in the Federal Court against auditors for SMSFs run by Melissa Caddick. The class action - led by Melbourne-based law firm Mackay Chapman - was filed on behalf of 21 original group members. Just prior to settlement another 10 joined the ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... across the fields of business, administration of companies, financial markets, financial products and financial services, law, economics, accounting, taxation and credit activities and credit services. The reappointed members are Shabnam Amirbeaggi ...

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

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
MLC will pay close to $65 million to settle a class action that alleged it delayed transferring more than 300,000 members to cheaper MySuper options. Maurice Blackburn has today advised it reached a settlement with MLC Super Fund, NULIS Nominees and ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... perpetrators in no way should financially benefit from the death of victim-survivors. It went on to suggest amending the Family Law Act 1975 as the division of superannuation falls in property settlements under this remit. The committee urged lawmakers ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... basic questions about how they set themselves up for retirement, and the fund has got to say to them, 'I'm sorry, the law doesn't allow me to answer those questions' and they have to refer them off to a licensed financial adviser. And, for some ...