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Showing 561 - 570 of 4503 results for "Case"

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
Reforms underway to expand financial advice will have positive ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say. The first day of the annual ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... time, the policy provided little to no coverage. Court documents show Rest has until March 28 to file its defence. The first case management hearing is scheduled for May 10. According to Shine Lawyers' practice leader Hadi Boustani, up to 500,000 ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... by the Federal Court for its involvement in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic underpayments through individual flexibility ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... decision is an important milestone, and will aid efficiency, but we are obliged to consider the evidence provided in each case so we can make a decision about the merits of the individual complaint and, if the decision is in favour of the complainant ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... of which 60% are women. "Since tax concessions should act to allow a higher level of savings than would otherwise be the case, this implies the existing structure of tax concessions magnifies gender differences in retirement balances. In particular ...

Colonial First State launches new offering to advisers

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... 10X will offer advisers opportunities to help them achieve their goals. "This year CFS will be using research and practice case studies into the key drivers of business growth to help advisers unlock opportunities," Quirk said. "Driving efficiency, achieving ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... November 2022, just eight months after its launch, when the proceedings were first lodged by ASIC. ASIC viewed it as a 'test case', testing the applicability of existing financial services laws to products and services in the crypto space. ASIC had also ...

Brite Advisors to be wound up

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... over the property, assets and undertakings held by Brite on trust for others. Smith and Kirkman are very familiar with the case, having worked as investigative accountants and as receivers since October last year. The Court was directed to key findings ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... countries are moving to invest in their sovereign defence capabilities. Countries want to be able to defend themselves in case there are wider ramifications from the conflict," he said. "This makes stocks in the defence sector more appealing for investors. ...