Search Results | Showing 31 - 40 of 506 results for "Guardian" |
| | | ... licence conditions," Equity Trustees said. Despite ongoing legal issues with ASIC, the assessment of the Shield and First Guardian matters "remains unchanged", with no additional provisions or contingent liabilities recognised beyond those already disclosed. ... |
| | | | ... intervention would have seen the Sequoia group of entities divest itself of liabilities stemming from the Shield and First Guardian master fund collapses. |
| | | | ... consumers." Empathising with former Australian Fiduciary and APT Strategy clients, Melinda Kee, a victim of the failed First Guardian Master Fund commented: "This has been a long and complicated process for Australian Fiduciaries investors, and I'm genuinely ... |
| | | | ... administration in FY26, though its statutory result was weighed down by $74 million in after-tax costs related to the First Guardian Master Fund collapse. The platform provider incurred a $71 million post-tax compensation charge for affected members ... |
| | | | ... Limited, following two ASIC lawsuits alleging failures in care, skill and diligence in the recommendation of the First Guardian Master Fund. Equity Trustees has since announced that it is defending against the claims. ASIC alleges EQT failed to exercise ... |
| | | | Two victims of the First Guardian Master Fund linked to InterPrac Financial Planning, who collectively lost $465,000, have won a small victory in the Federal Court. Justice Beach on August 13 ordered InterPrac to pay the sums, which were calculated ... |
| | | | ... at trustees and platforms, in particular, which have been in the hot seat since the collapse of the Shield and First Guardian master funds. "Trustees offering platforms should expect intensive and risk-based supervisory oversight. This will include ensuring ... |
| | | | ... balances using fake signatures from a deceased adviser. "That's alarming - especially in the wake of the Shield and First Guardian collapses. Oversight isn't optional - it's your job as a trustee and it's what Australians expect," she said. She urged ... |
| | | | ... Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. ASIC commenced proceedings against Netwealth after accepting a court enforceable undertaking requiring it to compensate ... |
| | | | ... Ultimately, APRA said it wants better oversight and accountability from platform trustees in the wake of the Shield and First Guardian Master Fund collapses, in which one or both sat on several platforms such as Equity Trustees and Netwealth. While the ... |
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