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Showing 501 - 510 of 959 results for "Federal Court"

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... trial in the District Court of South Australia. ASIC announced in February 2014 it had made an application to the Federal Court in Adelaide, which froze all assets owned or otherwise held by Nowak, and his wife, Betty. Charterhill group operated as a ...

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... along with the subsequent class actions and regulatory investigations. In November last year AUSTRAC applied to the Federal Court seeking civil penalty order against Westpac relating to "systematic" non-compliance with the Anti-Money Laundering and Counter ...

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... over treatment of an insurance claim but had the appeal thrown out. Queensland resident Daniel Chapman went to the Federal Court wanting QSuper to pay him a greater interest on a delayed TPD benefit -- an appeal that had already been thrown out by the ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... AMP Financial Planning, Charter Financial Planning or Hillross Financial Services. The action will be filed in the Federal Court of Australia.

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
The Federal Court has ordered AMP to pay $5.175 million for failing to ensure its financial advisers complied with the best interests duty by engaging in insurance churn. In a case brought in June 2018, ASIC alleged that a number of AMP Financial Planning ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... facing 23 million alleged breaches of anti-money laundering and counter terrorism laws with AUSTRAC applying to the Federal Court seeking civil penalty orders against Westpac.

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... were not losing money on higher fees and unnecessary or unused services." MLC Nominees and NULIS are also facing a Federal Court action from ASIC alleging the trustees misled MasterKey super members. ASIC is alleging that NULIS and MLC deducted approximately ...

Mayfair fights for use of word

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... of service which Mayfair Platinum's investors receive." Mayfair Platinum filed its defense and cross-claim in the Federal Court on 17 January 2020, stating Platinum Asset Management should never have been allowed to trademark the word in the Financial ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... a former Vanguard Australia director and three other non-executive directors to its board, as ASIC chases it in Federal Court. NULIS, which oversees NAB's superannuation funds with $75 billion in assets under management, in December added Steve Schubert ...

US private investment firm appoints first Aussie partner

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... and New York for three years prior to this. He began his career as a lawyer, working as a Judge's Associate at the Federal Court of Australia. Bain Capital Private Equity's Asia-Pacific investments include day care providers Camp Australia and Only About ...