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Showing 841 - 850 of 3918 results for "law"

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade a quick merger as Musk had discussed the move with Morgan Stanley and Twitter founder Jack Dorsey to secure their ...

Breach reporting regime a distraction: Report

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
A survey of compliance professionals has found 67% believe ASIC's breach reporting rules distract from other issues and the greatest proportion of reports filed relate to financial advice failures. A report from CoreData, Lawcadia and Gadens looks ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Industry Super Australia has unleashed on the loose laws and 'light touch' compliance that's costing working Australians billions in unpaid super. In a statement, ISA said: "The auditor has found the Australian Tax Office's (ATO) reluctance to 'proactively' ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
National Australia Bank (NAB) has avoided a civil penalty for issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB ...

Reframing disability: A world-changing opportunity

ANDREW MCKEAN  |  THURSDAY, 28 APR 2022
At the 2022 ASFA Conference yesterday, senior representatives of TAL and Rest emphasised the importance of supporting people with disability with a holistic claims experience. Explaining the common challenges customers experience, TAL chief claims officer ...

Pallas Capital strengthens distribution team

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... has extensive expertise working in funds management across Asia Pacific and an educational background in both finance and law. ​ ​"Pallas Capital has grown over the years to become one of the leading lenders in the industry, not just in Australia ...

Maritime Super slapped with infringement

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... fees and costs because of the investment partnership. Paying the infringement notices is not an admission of breaching the law. "Maritime Super is focused on net returns to members. Since we moved our investments to the Hostplus Pooled Superannuation ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... in an April 15 Tweet, Musk said that he will: "Endeavour to keep as many shareholders in privatized Twitter as allowed by law." On the radical move, Twitter's independent board chair Bret Taylor said: "The Twitter board conducted a thoughtful and ...

Hines enters Australian industrial sector

CHLOE WALKER  |  FRIDAY, 22 APR 2022
The global investment firm has purchased a portfolio of four logistics properties in Sydney and Brisbane for a combined $211.5 million from local fund manager Pipeclay Lawson. They will be held by the Hines Asia Property Partners (HAPP) a diversified ...

Rest simplifies super splitting

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Industry fund Rest has adopted a new super splitting method, aimed at making the distribution of superannuation assets simpler for members. Rest's Super Split initiative allows super assets to be split when a member becomes divorced. It includes a new ...