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Showing 61 - 70 of 4150 results for "Action"

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... for cases where we can define the line of responsibility for directors. Provided we have a reasonable basis for taking action, we won't shy away from cases where the outcome is uncertain." Corrs Chambers Westgarth partner Andrew Lumsden said the extensive ...

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
... its involvement in the Shield collapse, namely its failure to ensure clients' best interests were looked after. The action comes as Sequoia is reviewing the viability of Interprac, having announced last month that the negative media attention it ...

Brisbane financial adviser appears in court on dishonesty charges

RIDDHIMA TALWANI  |  TUESDAY, 10 MAR 2026
Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
... investments in Shield. ASIC made interim stop orders on four product disclosure statements for Shield. In June 2024, ASIC took action to secure the assets held within Shield. ASIC sought orders to preserve the assets of the scheme so that they may be ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... person's estate, they are dealt with differently to other assets where courts can determine the appropriate course of action. In December 2024, the Parliamentary Joint Committee on Corporations and Financial Services recommended an amendment to the ...

Vanguard pays $40m in ESG antitrust lawsuit

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2026
... advocate for the setting of specific output or emissions targets... such as Net Zero Asset Managers (NZAM), Ceres, or Climate Action 100+." Vanguard's US business dropped out of PRI in November 2025. It withdrew from NZAM in December 2022, and it ...

Financial services' gender pay gap improves at 21.4%

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... "Employers should treat gender equality like their other business goals. Do a detailed analysis to find the issues, create an action plan to address them and set targets to be accountable for ensuring progress happens," Wooldridge said Commenting on ...

TAL to create Pathways for simpler mental health claims

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
... circumstances from a report last year. Despite the Council of Australian Life Insurers (CALI) is now developing an industry action plan to address the exacerbating issue, DHCRC chief executive Annette Schmeide said the wait to better support people during ...

Life insurer sanctioned for invalid access to customer information

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for collecting customers' medical information without valid medical authority for four years. According to the committee, the unnamed insurer collected medical information ...

New SMC campaign to help Aussies care for 'golden super goose'

RIDDHIMA TALWANI  |  MONDAY, 2 MAR 2026
... far away for them. SMC chief executive Misha Schubert said the initiative strives to close the gap between education and action. "The evidence is strong and clear: when people better understand their super, they're more likely to take actions that improve ...