Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 564 results for "Proceedings"

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
... enforcement action when they are not," she said. "Financial services laws exist for the protection of investors." Proceedings against Scholz were first filed in December 2021.

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... numbers, features and functionality, she added. Asgard Independence Plan Division Two was the subject of Federal Court proceedings brought by ASIC over insurance premiums that were charged to close to 10,000 members, through to 2020. The issue was the ...

Super fund reaches dispute settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2023
... Super and JG Service will receive $415,000 for their troubles. Amaero noted that the dispute had been settled prior to proceedings being issued, with Amaero having allowed for the payments at the time of announcing its decision to change plans. Spirit ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... This included cleaners and real estate agents who referred customers to ANZ in return for an upfront commission. The proceedings, initiated by ASIC, will see ANZ also pay ASIC's legal costs. Between March 2017 and March 2018, the court found that ANZ ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... the Australian Institute of Company Directors (AICD) Australian Governance Summit. On Tuesday, ASIC announced court proceedings against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading statements ...

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... which had refused to provide documents and information to AFCA, failed to pay an AFCA determination, and commenced proceedings against complainants and an AFCA staff member. General Commercial director Dale Heremaia and his son Eden Capital director ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... compensation. The proposals will make certain super contributions made by an offender, in the lead up to criminal proceedings, available to the victim for the purposes of paying compensation. Courts would also be entitled to access Australian Taxation ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... states. Acknowledging the action via an ASX statement, Link Group said: "LFS will vigorously defend itself against the proceedings." There is also a third class action that has been served against Link, representing a further 3200 claimants. The Woodford ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... company or its share in the stories, which was usually done in a way which indicated that he liked that company." Proceedings against Scholz were first filed in December 2021, with the Federal Court making interim orders that he be restrained from continuing ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... Westpac Life, allowing Westpac Life to earn fees without providing a valuable service. Slater and Gordon launched legal proceedings against the bank in 2019 as part of its Get Your Super Back campaign. The law firm's special counsel Nathan Rapoport ...