Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 252 results for "Victims"

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... Superannuation Trustees, Women in Super, HESTA and Women's Legal Service Victoria said the reform is an important win for victims of domestic violence. "This new law means women leaving violent relationships will have a better chance of getting their ...

Investment scams set to double

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... enhance their legitimacy, the ACCC said. In addition, imposter bond scams that impersonate legitimate companies and offer victims the opportunity to purchase fake corporate bond are also on the rise. In the first half of this year, there were over 58 ...

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
The Compensation Scheme of Last Resort (CSLR) will lock out victims of financial misconduct or fraud who pursue court proceedings - something that is inherently unfair, according to law firm Maurice Blackburn. Maurice Blackburn principal lawyer Josh ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... totals $823 million; nearly $600 million represents payments to customers. Only $35 million has been paid to those who were victims of bad advice. AMP said it has completed identifying the clients affected by any inappropriate advice and those who were ...

Companies failing harassment victims: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
... structural issues with the ways in which companies handle sexual harassment complaints which inherently discriminate against victims, the Australian Council of Superannuation Investors (ACSI) conference has heard. That was the message heard during a ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... Superannuation Trustees (AIST) is calling on Parliament to ensure abusive partners cannot hide their super from domestic violence victims. In a submission, AIST supported the proposed Treasury Laws Amendment (Measures for Consultation) Bill 2021: Superannuation ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... received reports of an alleged fraud committed against an 86-year-old woman and received more tip offs from other alleged victims thereafter. Fineff was a member of the Financial Planning Association of Australia. Sentinel managing director Justin Hooper ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... Hopkins as a "trusted financial adviser, managing funds pretending it was business-like, lawful and profitable. Each of the victims trusted and relied on him for his expertise. Some considered him a friend". The judge also disqualified Hopkins from managing ...

What COVID-19 did to super brand

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... sacrosanct then we had the early release program. What happened after that? It's raid super for domestic violence victims, raid super to buy a house," Madigan said. Madigan said that to combat this harm, the super industry needs to identify an "enemy" ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... Accountants as its administrator. In August 2020, AFCA determined a compensation of amount of just $118,957.60 for the victims. Marie's banning is recorded on ASIC's Financial Advisers Register and the Banned and Disqualified Persons Register ...