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Showing 941 - 950 of 5393 results for "Federal"

Shadforth appoints Queensland head

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... billion of flows from new self-employed advisers joining the licensees as well as organic inflows. Earlier this week, the Federal Court found that RI Advice Group failed to provide rigorous oversight of a former financial adviser, resulting in bad advice ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment. The court said the licensee failed to take reasonable steps to ensure that its former ...

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... fees for no service charged on corporate superannuation accounts. The regulator has commenced civil proceedings in the Federal Court against six companies that are, or were at the time of the conduct, part of the AMP Limited group. The conduct is said ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... MobiSuper. In N ovember 2019, ASIC filed a case against MobiSuper, Andrew Richard Grover and Tidswell in the South Australia Federal Court alleging Tidswell had failed in its duties as the promoter and trustee of MobiSuper. The court ordered Tidswell ...

Maths an unpopular subject with high schoolers

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... and Stanford's professor Keith Devlin. Actuaries Institute said it will develop a policy position statement and press federal and state governments to review public policy.

BTFM, Asgard Capital fined $3m

KARREN VERGARA  |  MONDAY, 26 JUL 2021
The Federal Court will force BT Funds Management and Asgard Capital Management to pay $1.5 million each for charging fees for no service and making misleading statements. Between September 2014 and August 2017, the court found that the companies harmed ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... rates of infections in Victoria and South Australia lifted hopes that restrictions would be eased as soon as this week. Federal Treasurer Josh Frydenberg estimates that the NSW lockdown is costing the economy $700 million a week. Some estimate a hit ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... most senior executives of financial institutions are significant for millions of Australians and the Australian economy," federal Treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume said in a statement on Friday. ...

Relief payments confirmed for NSW

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 JUL 2021
As the Greater Sydney lockdown is extended a further fortnight, the federal government has confirmed disaster relief payments are on the way to support businesses. "The Morrison government is upgrading its national response to COVID-19 outbreaks with ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
Last week, the federal government announced exemptions for the insurance industry in relation to Royal Commission reforms. According to the Consumer Action Law Centre, these exemptions allow the insurance industry to side-step the Royal Commission recommendations ...