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Showing 541 - 550 of 2456 results for "Court"

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... contributions, including any made for a spouse, and only in instances where the time period to allow an appeal to a higher court has lapsed to avoid the risk of an appeal exonerating the accused after monies from super have been paid out. The government ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... of approximately $322 million. Dye & Durham was poised to takeover Link Group. This fell through last September after a court rejected the deal as necessary conditions could not be satisfied. This included the Woodford fund issues.

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... ASX-listed company. Evans, also known as Richard Simon Evertz, was represented by his lawyer in the Downing Centre Local Court yesterday. The corporate watchdog alleges that roughly around 10 January 2017, Evans made the offence and communicated the ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... interest rates well below the market so that for CFSIL could retain the margins for its own benefit. As ordered by the Federal Court, CBA will need to mediate this issue by 13 October 2023. The second class action relates to fees charged by the FirstChoice ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
Consumer bodies have criticised the Quality of Advice Review's final report, saying the proposals create a two-tier system whereby poorer Australians will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran ...

Mining company shares manipulator sentenced

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2023
One of the three men involved in manipulating Quantum Resources shares back in 2015 has been sentenced in the Supreme Court. Don George Evans was sentenced in the Supreme Court of Western Australia to 12 months in prison, to be released immediately ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... AFCA is a necessary step for clients to preserve their possible eligibility under a potential future CSLR". The Federal Court recently ordered Dixon Advisory to pay $7.2 million for failing to act in the best interest of eight clients on 53 occasions ...

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... advice and deal in financial products, and that he was banned from providing financial services by order of the Federal Court. The Commonwealth Director of Public Prosecutions is prosecuting the matter after a brief was referred by ASIC. It will be listed ...

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
A court ruling has reaffirmed that financial institutions must cooperate with the Australian Financial Complaints Authority (AFCA) or face penalties. The ruling came in a case ASIC brought against home finance companies, General Commercial and Eden ...

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
... executive and managing director Rob Adams said it was a significant quarter for Perpetual, following Pendal shareholder and court approval for the acquisition. "The acquisition will see Perpetual substantially grow its asset management business, creating ...