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Showing 61 - 70 of 4000 results for "Case"

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... decision is an important milestone, and will aid efficiency, but we are obliged to consider the evidence provided in each case so we can make a decision about the merits of the individual complaint and, if the decision is in favour of the complainant ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... of which 60% are women. "Since tax concessions should act to allow a higher level of savings than would otherwise be the case, this implies the existing structure of tax concessions magnifies gender differences in retirement balances. In particular ...

Colonial First State launches new offering to advisers

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... 10X will offer advisers opportunities to help them achieve their goals. "This year CFS will be using research and practice case studies into the key drivers of business growth to help advisers unlock opportunities," Quirk said. "Driving efficiency, achieving ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... November 2022, just eight months after its launch, when the proceedings were first lodged by ASIC. ASIC viewed it as a 'test case', testing the applicability of existing financial services laws to products and services in the crypto space. ASIC had also ...

Brite Advisors to be wound up

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... over the property, assets and undertakings held by Brite on trust for others. Smith and Kirkman are very familiar with the case, having worked as investigative accountants and as receivers since October last year. The Court was directed to key findings ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... countries are moving to invest in their sovereign defence capabilities. Countries want to be able to defend themselves in case there are wider ramifications from the conflict," he said. "This makes stocks in the defence sector more appealing for investors. ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Despite the rapid progress of artificial intelligence (AI), existing obligations around good governance and the provision of financial services remain robust, according to ASIC chair Joe Longo. Addressing the crowd yesterday at the UTS Human Technology ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... allure of profits from crypto asset mining, but the only thing that HyperFund mined was its investors' pockets." "This case illustrates yet again how noncompliance in the crypto space facilitates schemes where promoters capitalise on the promise ...