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Showing 711 - 720 of 2456 results for "Court"

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... in relation to common fund orders. Meanwhile, recommendation 11, 12, 13 and 16 refer to giving more power to the Federal Court of Australia to reject, vary of amend the terms of any litigation funding agreement and for the Court to appoint a referee ...

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... financial products at any time between 1 January 2016 and 1 January 2019, and has not been banned, disqualified or subject to a court enforceable undertaking. A relevant provider is an AFS licensee or its representative, and is authorised to provide ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
... helping them to make good decisions in order to meet their retirement goals." The fee changes come as AMP faces Federal Court over fees for no service charged on corporate super accounts between 2015 and 2019. It is alleged the misconduct saw AMP pocket ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... referred the matter to the Commonwealth Department of Public Prosecutions, which will prosecute the case in the Federal Court. The alleged conduct from CBA that is the subject of these charges was revealed during the Royal Commission and is the subject ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
ME Bank has appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers. It is also alleged that the bank failed to provide written notice about annual interest rate ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... ahead. Following an ASIC investigation, Vaughan Bowen was charged with two counts of insider trading in Melbourne Magistrates Court. Bowen disposed of 5.6 million shares in Vocus Group on 4 June 2019. ASIC alleges Bowen knew the EQT Infrastructure IV ...

Criminal charges in property investor collapse

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... week, Richard Marlborough, Colin MacVicar, David Domingo, Liam Young and John Ramsden appeared in the Brisbane Magistrates Court charged with criminal offences relating to the collapse of the Members Alliance and Benchmark group of companies in 2016 ...

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... auditor may take genuine steps to comply with the standards, yet still fall foul of these provisions if a regulator or a court were to apply the threshold at a different point in time," SMSF Association chief executive John Maroney said. "An auditor ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... Amendment (2021 Measure No. 6) Bill 2021 (Schedule 5) allows the ATO to share information when an individual applies to the court to request their former partner's superannuation information. The applicant will have to be a party to a family law ...