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Showing 41 - 50 of 203 results for "Sarah Court"

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... compliance failures exposed thousands of Australians to poor advice and significant financial risk," ASIC deputy chair Sarah Court said. "We allege Interprac failed to ensure certain authorised representatives acted in their clients' best interests ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... the representations, HESTA overstated its commitment to reducing investment in carbon emissions," ASIC deputy chair Sarah Court said. "Consumers relying on HESTA's representation may have been denied the opportunity to make informed decisions about ...

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
... on enforcing well-established legal obligations that prohibit misleading and deceptive conduct," ASIC deputy chair Sarah Court said. "Fund managers need to make sure that they accurately represent the nature of both their direct and indirect investments ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... aiding fraud in 2023 for her involvement, but was acquitted of all charges last month. Commenting, ASIC deputy chair Sarah Court said the sentence puts an end to "one of the most serious" frauds ASIC has ever investigated. "The sentence handed down by ...

UGC auditor 'comprehensively failed', registration stripped

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... gatekeepers, and when they fail in their duties, the consequences for investors can be severe," ASIC deputy chair Sarah Court said. The AFCA membership of UGC has been temporarily reinstated so that impacted investors can make complaints through until ...

ASIC bans adviser attached to UGC, MWL

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... services law," ASIC said. The banning order took effect from 25 August 2025. Last month, ASIC deputy commissioner Sarah Court told a parliamentary committee that the regulator has identified around 140 financial advisers who were involved in super switching ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... demonise all financial advisers. There's a lot of blame to go around here," Longo says. However, deputy commissioner Sarah Court did note that around 140 advisers are on an internal list at ASIC that have either had action brought against them, are ...

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
... and procedures that applied to logging, investigating, managing and responding to those concerns. ASIC deputy chair Sarah Court said responsible entities are responsible for the governance of investor funds and, as such, must have proper processes, procedures ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... members' retirement savings after they used Macquarie's platform to invest their super in Shield," ASIC deputy chair Sarah Court said. "Many members thought their funds were safe when they used Macquarie's super platform to invest in Shield ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... court to have been operating unlawfully in Australia while unregistered for more than six years. ASIC deputy chair Sarah Court said: "This type of misconduct undermines trust and confidence in Australia's financial services." "Firms dealing in financial ...