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Showing 41 - 50 of 219 results for "Constitution"

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
ASIC has commenced proceedings, seeking a civil penalty against La Trobe Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... Scheme for Australian Universities (SSAU) via a successor fund transfer that came into effect on 1 October 2000. The constitution of the merged fund provides for a board of eight to eleven people.

AllianceBernstein Australia eyes ETFs

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... and unlisted units coming out of the same investment pool, similar to Magellan. Doing so required AB to change the constitution of the fund, which Driscoll said passed with a 100% vote in favor of the resolution. "We are excited to move forward with ...

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
... in the FSSA as "associates" is widely defined," APRA said. Licensees need to ensure they review the RSE licensee's constitution, shareholder deed and/or risk management framework to ensure the controlling stake requirements are incorporated and the requirement ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... constitutional if it doesn't return initial capital. He questioned if the system breached the same section of the constitution relating to the acquisition of property "on just terms". Rennick also branded industry super fund-owned news website The New ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... distribution by July 24 and a final distribution following the expiration of the 60 day notice period required per its constitution. Redpoint will continue to offer the strategy as model portfolio, which at May end had $151.8 million in total assets ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
It didn't happen overnight, but it did happen. After five days of deliberation, negotiation and compromise, leaders of the 27 governments that make up the European Union (EU) unanimously agreed to an unprecedented €750 billion "Next Generation ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... said, with the company set up so that no one could ever benefit from a future sale. "The company is governed by a constitution that very clearly spells out a charitable purpose, and the people who have donated money are relying on the members of the ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... Cirami said. "A geopolitical fissure began to emerge in reaction to China's new law that supersedes the Hong Kong constitution and threatens the end of 'one country, two systems'." These tensions, as well as various EM's response to the pandemic, have ...