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Showing 851 - 860 of 4503 results for "Case"

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
The corporate regular has refreshed guidance on remediation activities, as it reveals close to $2 billion in redress remains unpaid. Over the past six years, ASIC has overseen at least $5.6 billion in remediation for an estimated seven million consumers ...

Adviser of the Year named

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... the advice profession, along with her innovative approach to the delivery of quality financial advice provided a compelling case. We were privileged to have three outstanding finalists this year, each of whom are exceptional advisers with an absolute ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
... profile is changing or if the broader financial landscape is changing around them," Hackett said. Though this is no longer the case, as Hackett explained, you can now create more value within the product by not securing the investment risk forever, having ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... complaint process, sometimes exceeding the likely payout resulting in licensees choosing to settle, even if they felt their case was solid," he said. "It does break your heart sometimes when you see a single adviser licensee who has a dispute at AFCA ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Dixon Advisory will pay $7.2 million for providing inappropriate advice and not meeting client best interests obligations. The Federal Court found that six Dixon Advisory representatives did not act in the best interests of eight clients on 53 occasions. ...

Mawhinney ban overturned, to face retrial

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... 101 managing director James Mawhinney has had his 20-year ban overturned and will return to the Federal Court to have his case reheard. The Full Bench of the Federal Court said ASIC's case against Mawhinney lacked procedural fairness as the regulator ...

Aussie farmland sees significant growth: ANREV

CHLOE WALKER  |  MONDAY, 12 SEP 2022
... have been at record lows," Vogel said. Slower growth in farmland prices is, however, forecast for 2023 and beyond. "Our base case forecast is that farmland price growth will continue, but we expect a significant slowdown in the rate of growth of prices ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... the victims of the Sterling Group collapse would not be covered under the proposed scheme," Abood said. "This is also the case for most investors in the Mayfair 101 Group products. These products were often promoted directly to investors (using the wholesale\sophisticated ...

Super wars not over: Swan

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
... aren't over yet. We're going to have to keep going back to the very basics of the system, because it's such a powerful case that Australian working people are getting a slice of the profits their hard work generated, and getting it returned ...

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... what's the industrial logic that you're trying to execute when you're bringing a merger together," she said. "In the case of LGIAsuper, the key thing we wanted to maintain over time was our great face-to-face service in workplaces, so we ...