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Showing 731 - 740 of 2456 results for "Court"

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 ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... the defendants. ASIC has prevented the defendants from leaving the country. The matter has been adjourned in the Federal Court until August 25.

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... customers' best interest when recommending life insurance products. ASIC is also taking action against CFSI in the Federal Court regarding its communication to members about the rollout of MySuper. CBA will pay a final dividend of $2.00 a share ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... took into account Kourieh's remorse and cooperation with the investigation when handing down her decision in Parramatta Court on August 6. Kourieh was a director of Nexus Financial Planning which was trading as Hillross Bella Vista, from 8 June 2010 ...

Shadforth appoints Queensland head

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... of flows from new self-employed advisers joining the licensees as well as organic inflows. Earlier this week, the Federal Court found that RI Advice Group failed to provide rigorous oversight of a former financial adviser, resulting in bad advice to ...

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... 24 th rank (with 8.2% p.a. returns). It is ranked 34 th on five- and seven-year horizons. Essential Super is currently in court, with ASIC alleging CBA used conflicted remuneration in breach of Corporations Act to distribute the fund to 390,000 customers. ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment. The court said the licensee failed to take reasonable steps to ensure that its former ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... on the information that I've been given by the company, and which...seems to have been supported by statements in the court...has caused a problem for Tandem." Liberal MP and chair of the standing committee on economics Tim Wilson led Neal into the ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... comprehensive advice to their clients. Separately, AIA New Zealand has been ordered to pay NZ$700,000 by the Auckland High Court after the insurer admitted it misled and made false representations to customers. The Financial Markets Authority instigated ...

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... for no service charged on corporate superannuation accounts. The regulator has commenced civil proceedings in the Federal Court against six companies that are, or were at the time of the conduct, part of the AMP Limited group. The conduct is said to ...