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Showing 21 - 30 of 61 results for "Court case"

Impact of dementia on estate planning efficacy

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2017
... Hacker added. Having said that, she added, dementia is not the only reason for needing a statutory will. "Another recent court case involved a young child who had severe physical disabilities as a result of problems at birth. He had received $3.2 million ...

Wills should be reviewed, not refuted: EQT

JAMIE WILLIAMSON  |  THURSDAY, 19 OCT 2017
Financial advisers must ensure clients' estate plans are being regularly reviewed to avoid the potential diminishment of assets as a result of costly family drama when they're gone, Equity Trustees said. The asset management and estate planning experts ...

CBA climate risk court case abandoned

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
Shareholders attempting to take the Commonwealth Bank to the Federal Court for historically failing to disclose climate change risks in its annual reports have withdrawn the claim. Legal correspondence between social justice group Environmental Justice ...

Future Fund and AustralianSuper settle court case

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
The legal battle between two of Australia's funds management giants has ended with a multi-million dollar settlement. The Future Fund will pay AustralianSuper $7 million which will contribute to the legal costs of the country's largest industry fund ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... a Federal Court clash between the Financial Services Council (FSC) and Industry Super Australia (ISA) in June. The court case was over the role of the Fair Work Commission (FWC) in selecting default super funds for modern awards. The FSC initially argued ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
The Federal Court's ruling on a case involving two self-managed super fund (SMSF) trustees who used their fund for personal matters has highlighted the uncertainty around penalties. The fund, totaling more than $260k, was used to purchase residential ...

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
The Financial Services Council (FSC) had the backing of Employment Minister Eric Abetz in its Federal Court case against the constitution of the Fair Work Commission's superannuation expert panel, it has emerged. On Friday the Federal Court published ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... interest duty under section 961B(1) of the Corporations Act. "It was undefined and we would have had to wait for a court case to define it," the FPA general manager of policy and government relations Dante De Gori said. "The best interests' duty sets ...

Ray King added to Ashington super fund court case

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Claims for damages have risen to $14 million and a new defendant has been added to a court case against four prominent super fund - Mercer partner Ray King. The case relates to the collapse of Ashington property group in 2011. Ashington founder Craig ...

FPA slams detractors of best interest amendment

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
The Financial Planning Association (FPA) has stated that "consumers have nothing to fear from the proposed amendments" that will remove a sub-section of the Future of Financial Advice (FoFA) legislation referring to the best interest duty. "We are witnessing ...