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Showing 51 - 60 of 3960 results for "Law"

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
Praemium and its subsidiaries are now caught up in the ASIC-led First Guardian legal saga, having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... have a right to expect claims will be handled efficiently, honestly and fairly - this is an obligation for trustees under law," she said. "ASIC will consider the full range of regulatory tools at our disposal, including enforcement action, if trustees ...

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... finding that the term was liable to mislead the public remains intact, the Court upheld the finding that the term was not, in law, unfair. "In the present case the pre-existing condition terms had a purpose consistent with the protection of the respondent's ...

Super balances rise but gender retirement gap remains stubborn

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
Australian's superannuation balances continued to grow over the 2023-24 financial year, but new data has highlighted a persistent gender retirement gap, particularly among those approaching retirement. Analysis by the Super Members Council (SMC) ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... not retrospective litigation. It is unfortunate that such significant questions about the application of financial services law to digital assets have had to be tested through enforcement against a small, innovative Australian startup. "We're excited ...

ASX puts 25% cap on new share issuances during mergers

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
... transactions that can have a significant impact on shareholders. It received 45 submissions from asset managers, industry bodies, law firms, investment banks and listed entities.

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... entities to 63. ASIC stressed that inclusion on the list should not be interpreted as evidence of wrongdoing or a breach of law. However, it said consumers should exercise caution when dealing with businesses that use lead generation practices and exhibit ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... imprisonment. The sentencing is scheduled for September 21. Buckley added the plea reflects the "commitment of this Office and its law enforcement partners to protecting everyday investors - in New York City and abroad - from investment advisers who ...

Budget changes could drive SMSF adoption: FAAA

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
The Financial Advice Association Australia (FAAA) has warned the government's proposed capitals gains tax (CGT) and negative gearing reforms could unintentionally drive Australians towards self-managed super funds (SMSFs) as a vehicle for residential ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives. ASIC described the court action ...