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Showing 31 - 40 of 153 results for "Courts"

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... pushing out cheap and shoddy advice on a mass scale, provided by unqualified staff," he said. "... It will take years for the courts to clarify new legal definitions and lots of people will lose money in the meantime." Both Super Consumers Australia ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... by an offender, in the lead up to criminal proceedings, available to the victim for the purposes of paying compensation. Courts would also be entitled to access Australian Taxation Office (ATO) data about offenders' superannuation accounts, giving ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... consumers are not adversely affected or harmed," ASIC deputy chair Sarah Court said. Seven cases remain in front of the courts, including those against ACBF Funeral Plans and Youpla Group and Freedom Insurance.

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
... which uses a simple, plain language form for court orders that can be used across the super and legal sectors and by the courts. From 1 April 2022, parties to family law proceedings can apply to the courts for information from the Australian Taxation ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... request for comment, a spokesperson for QSuper told Financial Standard : "QSuper has no comment on a matter before the courts."

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... for potential penalties because of misconduct. Hume points to a recent trend in which several super funds applied to the courts seeking permission to charge members a new fee that builds a financial contingency reserve. Cbus recently made a request to ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... their approach would meet the best financial interests duty. As applications seeking judicial advice are still before the Courts, APRA notes that matters relating to the charging of trustee fees and management of financial resources are likely to continue ...

ASIC looks to extend CFD intervention

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
... sole director, Shlomo Yoshai. ASIC chased several other OTC derivative issuers involved with high-risk CFDs through the courts - resulting in AGM Markets, OT Markets and Ozifin Tech being ordered to pay a total of $75 million in pecuniary penalties. ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... referee to act as a litigation funding fees assessor and for the costs of the referee to be paid by a litigation funder. Courts would also be empowered to approve or vary the proceeds that go towards members of the class action to ensure it is fair. ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... actually don't see a need for reverse onus. Yes, funds should be operating in the best interests of their members, which courts have always interpreted as the best financial interests of members, of course they should be doing that.", Jones added ...