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Showing 61 - 70 of 1325 results for "AFFECTED"

AMP settles class action for $120m

ELIZA BAVIN | MONDAY, 15 SEP 2025

... savings managed with integrity and diligence. We are proud to have helped deliver accountability and compensation to those affected." The settlement, subject to Federal Court approval, will provide financial redress to eligible AMP superannuation mem ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA | FRIDAY, 5 SEP 2025

... interests and takes its compliance obligations seriously. ETSL understands the deeply distressing circumstances for those affected by the misconduct of now banned financial advisers and allegedly fraudulent promoters, responsible entities and managers ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA | TUESDAY, 26 AUG 2025

... positions redundant as it works to streamline the business. While the company declined to comment on how many roles were affected, it is understood it is less than 20% of the workforce. "Allianz Australia Life Insurance Limited (AA Life) recently announced ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN | TUESDAY, 26 AUG 2025

... substance of the claim in due course". "Equity Trustees recognises the deeply difficult circumstances for individuals affected. We have fully cooperated with ASIC's investigation and are carefully reviewing the claim," Equity Trustees managing director ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI | THURSDAY, 14 AUG 2025

... law. Handing down her decision Justice Neskovcin said impacts to customers may have been avoided if NAB had provided the affected customers with the required notices within the prescribed timeframes. "The total number of admitted contraventions of s ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA | FRIDAY, 8 AUG 2025

... recognise that the receivership of the Shield Master Fund and First Guardian Master Fund is causing significant distress for affected members. These developments are deeply concerning," Sequoia said in an ASX statement released yesterday. "We remain ...

ASX flags up to $35m in additional operating costs

ELIZA BAVIN | THURSDAY, 7 AUG 2025

... to notify it that it would be rectifying the situation by cancelling the trades and contacting all market participants affected by the cancellation prior to TPG recommencing trade. "This issue arose from an inadvertent human error and I recognise this ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA | THURSDAY, 31 JUL 2025

... your approved product lists," Longo said. The investigation into the collapse of the two managed investment schemes has affected 11,000 investors. This does not factor in victims of Australian Fiduciaries, ISG, and United Global Capital (UGC), which ...

Treasury opens consult on non-compete reforms

ELIZA BAVIN | FRIDAY, 25 JUL 2025

... or to negotiate for better wages and conditions in their current role. "Limiting job mobility does not just hurt the affected workers, but also the entire economy. Improved job mobility promotes a flexible, more dynamic labour market, by improving the ...

Two more Shield Master Fund advisers banned

MATTHEW WAI | FRIDAY, 25 JUL 2025

... potential class action against the Shield Master Fund and First Guardian Master Fund - calling for investors who have been affected to come forward and contact the firm.

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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