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Showing 391 - 400 of 2498 results for "Legal"

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... sustainability goals and activities, even if they are well intentioned or plausible, to avoid threats of tarnished reputations and legal action. "There is a need for clear, updated guidance from the regulator or accounting bodies as to what constitutes ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... reporting and audit surveillance program is designed to improve the benchmark of financial reporting, ensuring compliance with legal standards. To monitor adherence to the Corporations Act 2001 and Australian Accounting Standards, the regulator frequently ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... with any monies available in any account with any financial institution in Australia and elsewhere in which Brite has any legal or equitable interest. ASIC said the interim order aims to help protect the beneficiaries of the assets under management by ...

Insignia appoints to board

CHLOE WALKER  |  MONDAY, 30 OCT 2023
... who is stepping down from the board after nine years. Boasting over three decades of experience in financial services and legal industries in Australia and abroad, McGrath currently sits on several boards in both the listed and non-listed spaces. Previously ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
The corporate regulator's bid to run an expanded case against Mayfair 101's James Mawhinney was rejected by the Federal Court yesterday, with the judge saying fresh claims brought by ASIC would place Mawhinney in "significantly greater jeopardy." Having ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... Bridgeway, the first action targeted IG Markets and also represented traders who lost hundreds of millions. While CFDs are legal in Australia, they have been banned in many other countries, with the Federal Court of Australia describing these products ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... might be contravened: it is enough that the applicant's conduct suggests she is either careless with respect to her legal obligations, or is prepared to disregard them," said McCabe. On the other side, counsel for Grubisa disputed ASIC's characterisation ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
... asked about the greatest challenges in leaving a bequest, the report highlighted key themes like navigating uncertainty, legal and administrative issues, financial pressures, family dynamics, ensuring fairness for the family, and fulfilling personal ...

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... exchange". "A conversion raises considerable complexities requiring significant work to address and Magellan will have regard to legal, regulatory and tax matters that require detailed assessment. Any conversion would be subject to a number of conditions ...