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Showing 71 - 80 of 2447 results for "Court"

Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... significant role in shaping its case against the super fund. During questioning, ASIC confirmed it had put forward to the court internal communications from staff at the fund which said: "It benefits the member by stopping the $1.50 charge on their duplicate ...

RM Capital, SMSF Club to pay $925k over conflicted remuneration

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
The Federal Court has ordered licensee RM Capital to pay a $575,000 penalty and its authorised representative SMSF Club to pay $350,000 over conflicted remuneration breaches. The penalties follow ASIC succeeding in its case against RM Capital in 2024 ...

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... could be between 298 million and 1.5 billion short sales. ASIC lodged civil proceedings against MSAL in the NSW Supreme Court in May. MSAL has also admitted to incorrectly reporting regulatory data for more than 633,000 orders submitted to the market ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
... trustees of the fund, Netwealth Superannuation Services (NSS) and Netwealth Investments Limited (NIL), will now face ASIC in court after admitting it "did not assess sufficient information about the First Guardian Master Fund, or make sufficient independent ...

Receivers appointed to First Mutual Private Equity

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
The Federal Court has appointed receivers for the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton over allegations investor funds were gambled. Robert Woods and Salvatore Algeri of Deloitte SRT have been appointed ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced in the Federal Court of Victoria against AMP Financial Planning (AMPFP), Charter Financial Planning (Charter), Hillross Financial Services ...

ASIC takes action on Spice Capital Partners, founder

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... contributed to the companies' failures and that a disqualification is justified. It is seeking an order from the Federal Court to disqualify Catsoulis from managing corporations.

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. In the Federal Court, ASIC put forth several allegations, starting with Diversa failing to conduct adequate due diligence before allowing its ...

Brookfield, GIC seal $4bn National Storage REIT acquisition

RIDDHIMA TALWANI  |  MONDAY, 8 DEC 2025
... transaction is expected to be held in April 2026. The transaction is subject to various approvals including NSR shareholders, the court, as well as regulatory approval from the Foreign Investment Review Board and the New Zealand Overseas Investment Office. ...

ASIC allows more forms to be lodged via email

STAFF WRITER  |  THURSDAY, 4 DEC 2025
... members of firm of auditors 315 Notification of resignation, removal or cessation of auditor 318 Notice of application to court to manage corporation 488 Application to change the review date of a company or registered scheme 491 Change to scheme details ...