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Showing 51 - 60 of 190 results for "Sarah Court"

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... "free comparison service lets you compare the benefits and prices of a range of popular insurer." ASIC deputy chair Sarah Court said the regulator is acting to stop companies taking advantage of consumers trying to shop around for the best deals. "We ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... consumers to believe that the Lifecycle Investment Strategy's performance was better than it truly was," ASIC deputy chair Sarah Court said. "Superannuation is the largest asset of many Australians outside their family home. This notice is a reminder ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... its representatives were complying with the law when interacting with consumers were inadequate. ASIC deputy chair Sarah Court said AFS licensees are responsible for the conduct of their representatives and must have adequate supervision arrangements ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... Crimes Act 1900 (NSW), with a further four offences taken into account for sentencing. Commenting, ASIC deputy chair Sarah Court said the sentence demonstrates the seriousness of the misconduct and will deter others from committing in similar conduct. ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... contravened the obligation of a credit licensee to act "efficiently, honestly and fairly", ASIC said. ASIC deputy chair Sarah Court said the approach is "particularly unfair for customers", especially for those experiencing domestic violence, bereavement ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... assistance". Valvo's guilty plea was taken into account by the Judge when handing down sentence. ASIC deputy chair Sarah Court said Valvo betrayed his clients' trust. "Instead of showing the honesty and integrity required of someone who works in the ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... it used unfair and misleading terms that can deter customers from making a claim. In a win for ASIC, deputy chair Sarah Court said: "ASIC brought this case to ensure consumers were not misled about their rights and the extent of their cover by HCF Life's ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... according to ASIC. Meanwhile, APRA said it is "business as usual" regardless of which party won. ASIC deputy chair Sarah Court told the Australian Shareholders' Association Investor Conference this morning that a change in government is something ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... were "strikingly different" from what was suggested, excessively weighted toward real property. ASIC deputy chair Sarah Court said misconduct exploiting superannuation savings is an enforcement priority. ASIC updated its guidance on conflicted and banned ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... in 2021 and 2022. Active Super and Vision Super merged on March 1, now home to 165,000 members. ASIC deputy chair Sarah Court said: "This is a significant penalty that sends a strong message to companies making sustainable investment claims that those ...