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Showing 51 - 60 of 107 results for "Federal Court of Australia"

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
A Melbourne based financial advice provider is to appear in the Federal Court of Australia for alleged contraventions of the Future of Financial Advice obligations. Following an ASIC investigation, Wealth and Risk Management (WRM), and its related companies ...

Federal Court approves Zurich's Macquarie acquisition

ALEX BURKE  |  MONDAY, 26 SEP 2016
Six months after the deal was first made public, the Federal Court of Australia has finally approved Zurich's acquisition of Macquarie Life's risk business. Following the acquisition, Zurich will become Australia's fourth-biggest retail life insurer ...

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... claim against former directors Simon Tickner and Lisa Darcy following the close of the case in the Federal Court of Australia. In 2014 ASIC began proceedings in the Federal Court seeking financial penalties and banning orders following the collapse of ...

Court fines SMSF admin for "free setup" ads

ALEX BURKE  |  WEDNESDAY, 4 NOV 2015
The Federal Court of Australia has fined Superannuation Warehouse Australia (SWA) for misleading "free setup" advertising. ASIC commenced legal action against SWA in May for advertising self-managed superannuation fund setup services on two separate ...

Liquidator appointed in suicide case

MARK SMITH  |  TUESDAY, 25 AUG 2015
... Perth-based promoter, who is believed to have taken his own life after defrauding investors for years. The Federal Court of Australia has made orders appointing EY partner Vince Smith as a provisional liquidator of Oceanic Asset Management, Oceanic Equities ...

TASA breach costs business $900,000

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
... breaches of the Tax Agent Services Act 2009 (TASA) that all financial advisers need to comply with. The Federal Court of Australia ruled against Peter Kolya and his Canberra-based business HP Kolya because they were not registered tax agents. Between ...

ASIC begins legal action against LM Investment Management

MARK SMITH  |  THURSDAY, 20 NOV 2014
... orders following the collapse of the Gold Coast-based fund manager. The civil penalty proceedings in the Federal Court of Australia are against Drake, Francene Maree Mulder, Eghard van der Hoven, Simon Jeremy Tickner, and Lisa Maree Darcy. ASIC alleges ...

BOQ reaches $17 million settlement with Storm victims

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... borrowers advised by Storm Financial. The ASIC's unregistered managed scheme proceedings started in the Federal Court of Australia in December 2010 and the class action started in December 2012. BOQ said that "the financial impact is not material" and ...

Mariner chairman resigns

JAMES FERNYHOUGH  |  TUESDAY, 26 AUG 2014
... financial penalties and disqualification orders, stating: "ASIC's civil penalty proceedings in the Federal Court of Australia are against Mariner, its chief executive and managing director Darren Olney-Fraser, current director Donald Christie and former ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
... Scheme of Arrangement to acquire 100% of ordinary shares in SFGA. SFGA will now seek orders from the Federal Court of Australia for the approval of the Scheme at the second court hearing, scheduled for Wednesday 6 August 2014. If approval is gained ...