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Showing 31 - 40 of 2493 results for "Legal"

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... entered into the heads of agreement with ASIC to pay the $7.3 million pecuniary penalty. It will also reimburse ASIC for its legal costs of about $650,000. The product disclosure statement of DSAF was found to have "contained ESG Statements and Systems ...

TPB consults on AI usage rules

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... disclose any information relating to a client's affairs to a third party without the client's permission, unless there is a legal duty to do so," the draft guidance read. TPB chair Peter de Cure said the TPB is committed to supporting innovation in the ...

Legalsuper chief to take top job at Equip

JAMIE WILLIAMSON  |  MONDAY, 30 MAR 2026
Legalsuper will bid farewell to its chief executive Luke Symons, who is set to become chief of Equip Super. It is also losing its chief investment officer. Symons has been named incoming chief executive of Equip Super, taking over on July 1. Last week ...

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
... activity, in a case brought by ASIC. The court found Star's former chief executive Matthias Bekier and former chief legal and risk officer Paula Martin breached their duties owed to Star under section 180 of the Corporations Act 2001. However, the ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings against the crypto platform in December 2024 alleging the entity breached multiple obligations, including inadequate ...

Equip Super appoints acting chief executive

JAMIE WILLIAMSON  |  THURSDAY, 26 MAR 2026
... naming an interim replacement while the search for a successor continues. At the same time, the fund has welcomed a chief legal officer. With Cameron finishing up at the end of March, Equip Super has appointed its chief financial officer Marc Pizzichetta ...

Law blocking abusers from hiding assets in super enters parliament

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
The government has tabled the Treasury Laws Amendment (The Survivors Law) Bill 2026 in the House of Representatives today which seeks to prevent convicted child sexual abusers from hiding their assets in superannuation to avoid paying compensation to ...

Sequoia offloads InterPrac in $50k fire sale

KARREN VERGARA  |  MONDAY, 23 MAR 2026
... Victoria. InterPrac's sole director Justin Harding will remain with the business post-sale. He is also currently the head of legal, risk and compliance at Sequoia. InterPrac currently has a professional indemnity (PI) insurance policy worth $20 million ...

Fidelity expands ESG role

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Vision', aimed at achieving gender balance in executive leadership. She has held responsible investment roles in the UK (Legal & General) and the US (Wespath Benefits and Investments) before settling in Australia. Jaramillo is a non-executive director ...

Challenger slashes offer price for Pepper Money

RIDDHIMA TALWANI  |  WEDNESDAY, 18 MAR 2026
... in residential mortgages at the end of September 2025. Pepper Money signed a binding asset sale agreement to acquire the legal title to the loans and will be appointed as servicer of the portfolio.