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Showing 401 - 410 of 4156 results for "Action"

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... been impacted by the delays in claims processing since September 2022 through to this month, and that Cbus has since taken action to improve servicing with additional people deployed across assessments, case management and complaints teams. ASIC alleges ...

intelliflo partners with Capital Preferences

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Financial advice technology provider intelliflo has partnered with client engagement platform Capital Preferences. Capital Preferences will provide interactive assessments to help advisers better understand client preferences backed by science and behavioural ...

AMP makes operations, product, strategy hires

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... leadership and client servicing of the highest calibre," Maloney said. Maloney added the appointments will "turn strategy into action and drive an agile delivery approach to transformation." "Our new hires bring broad market experience and are all keenly ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... opportunity ahead of the company's upcoming Annual General Meeting to reassure investors that it's taking appropriate action to address these governance failures. Alongside MinRes, Woodside, and Santos remain HESTA watchlist companies. On Monday ...

Federal Court appoints receivers to ALAMMC Developments

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
... the Court within 28 days. The appointment of receivers over the 13 ALAMMC Developments corporate entities follows urgent action taken by ASIC to obtain asset preservation orders, and the appointment of the same receivers over the personal property of ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... 27. E&P's leaders claim the company is materially undervalued thanks to the barrage of regulatory proceedings and class action litigation it faced in recent years. These issues have sustained a negative impact on the share price, the board said, noting ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... may be some unforeseen financial impacts from various legal proceedings brought against it. Westpac said while the class action filed against BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... expected to occur in the first quarter of 2025, the result of which will also determine if there will be any enforcement action taken against ANZ. "We are giving this investigation the highest priority given the seriousness of the alleged misconduct ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... million (US$151m) to settle four separate enforcement actions by the Securities and Exchange Commission (SEC). In a fifth action, the SEC opted not to issue a fine. The SEC found that JPMS made misleading disclosures to brokerage customers who invested ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... financial climate where borrowers are more likely to be at risk of serious financial hardship. ASIC will continue to take action where we consider business practices are designed to avoid consumer credit protections." In August, a spokesperson for ASIC ...