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Showing 711 - 720 of 5389 results for "Federal"

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON | THURSDAY, 29 SEP 2022

The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. ...

KPMG proposes tax offset, reform to boost gender equality

ANDREW MCKEAN | TUESDAY, 27 SEP 2022

... difficult for employers to do so, unless they can successfully navigate a lengthy process. "We would encourage the new federal government to look again at this." In addition to the proposals for a CARITO and an amendment of the Sex Discrimination Act ...

Caddick mansion officially on the market

JAMIE WILLIAMSON | MONDAY, 26 SEP 2022

... required to secure a viewing of the property. Gleeson added that the company is well advanced in its application to the Federal Court seeking sale orders regarding Caddick's trove of designer jewellery, clothing and artworks. It is Jones Partners' ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON | FRIDAY, 23 SEP 2022

The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON | TUESDAY, 20 SEP 2022

... million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial Planning, Hillross Financial Services ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON | TUESDAY, 20 SEP 2022

... Advisory will pay $7.2 million for providing inappropriate advice and not meeting client best interests obligations. The Federal Court found that six Dixon Advisory representatives did not act in the best interests of eight clients on 53 occasions. Each ...

Mawhinney ban overturned, to face retrial

JAMIE WILLIAMSON | THURSDAY, 15 SEP 2022

Mayfair 101 managing director James Mawhinney has had his 20-year ban overturned and will return to the Federal Court to have his case reheard. The Full Bench of the Federal Court said ASIC's case against Mawhinney lacked procedural fairness as ...

Financial literacy in Australia drops by almost 10%

CASSANDRA BALDINI | TUESDAY, 6 SEP 2022

... 61.69% of the five financial literacy questions. The data suggests an almost 10% drop in financial literacy since the federal government's 2021 Australian Financial Capability Survey reported that 68% of respondents were financially literate. The ...

Casey Thompson joins First Super board

ANDREW MCKEAN | MONDAY, 5 SEP 2022

... Union manufacturing division. She has worked in a variety of compliance, audit, and communications roles, including in the federal parliament. Prior to becoming a full director, Thompson was a First Super associate director, appointed in January 2021. ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN | FRIDAY, 2 SEP 2022

... investigations were improperly used. In response to one of the case studies, ASIC acted against TAL. In March 2021, the Federal Court found that TAL breached its duty of utmost good faith in handling a claim. ASIC deputy chair Karen Chester said: "Our ...

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

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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