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Showing 891 - 900 of 5394 results for "Federal"

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court in against A One Multi Services and its Gold Coast-based directors Aryn Hala and Heidi Walters. Hala allegedly told investors ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... advice and engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial Group (EP1) to the Federal Court, and also named subsidiary Dixon Advisory and Superannuation Services in the lawsuit for their alleged involvement ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... previously referred the matter to the Commonwealth Department of Public Prosecutions, which will prosecute the case in the Federal Court at a later date. CBA's conduct was revealed during the Royal Commission and was the subject of a case study in the ...

Major legislations hit parliament

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... intermediation, securities dealing, and credit provision should their case fail with the Australian Financial Complaints Authority. Federal treasurer Josh Frydenberg wants CSLR to commence as soon as possible so that it can start paying claims from 1 ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... makes it difficult for workers to keep track of their money and allows payments to fall through the cracks," ISA said. "Federal politicians have known about this solution for years but have failed to act. MPs get super paid on payday and so should workers." ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

HESTA pushes for net zero legislation

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The federal government's refusal to commit to net zero by 2050 will lead to Australia losing a massive amount of green foreign investment, superannuation fund HESTA warned. At a recent Investor Group on Climate Change event, HESTA chief executive Debby ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... (financial) advice by subjecting them to one disciplinary and registration system. Further, the new legislation gives the federal government power to extend the cut-off date for existing financial advisers to pass the exam, such as the extension of the ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds. Following a review and recent scandal, the Federal Reserve has moved to prohibit ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... year, ASIC ordered Dover Financial Advisers and its founder Terry McMaster to pay over $1.4 million in penalties by the Federal Court of Australia.