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Showing 981 - 990 of 2506 results for "Legal"

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... The regulator had initially left the door open to appeal and said, despite the loss, the case served to examine a range of legal questions that had not previously been tested in court. "Litigation outcomes are inherently unpredictable, however APRA remains ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... May ANZ announced it had agreed to transfer a partial economic interest of its pension and investments business and the legal ownership of its aligned dealer groups to IOOF in July last year. Under the agreement IOOF paid $800 million and ANZ paid a ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Thousands of MySuper account holders with Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused ...

ASIC using intimidation tactics on grandfathering: AIOFP

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... to get grandfathered commissions turned off early by product providers. But, he said he is confident that the AIOFP's legal fight will render ASIC's manoeuvres fruitless, saying advice from its legal team at Corrs Chambers Westgarth and its constitutional ...

Stanford Brown eyes expansion

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... money management, with almost none managing money themselves 10 years from now. But it does not see estate planning and legal coming together. It advises on $1.5 billion in investments, only half of which is now managed through active managers.

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
The AMP Financial Planners Association has appointed a high-profile law firm to explore legal options available to its members following AMP's decision to alter its Buyer of Last Resort policy. The AMPFPA has selected Corrs Chambers Westgarth to ...

UniSuper appoints chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... operating officer. Kevin Roadnight will join the UniSuper executive team in the newly created role to lead its finance and legal and governance functions. The super fund undertook a review of its organisational structure earlier this year, identifying ...

MLC Life strengthens group insurance team

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... of members, super funds and trustees." "She has strong industry experience in group insurance specifically in product and legal roles." The appointment of Wu marks the second to MLC's group insurance business in as many weeks, following that of Andrea ...

Chief investment officer leaves industry fund

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
The chief investment officer of a $4 billion industry superannuation fund has departed. legalsuper will next week begin the search for a new chief investment officer, after Edward Smith left the role in late September. legalsuper confirmed Smith's ...

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... project to simplify our superannuation business and offers, which is being overseen by the trustee board in accordance with legal and regulatory obligations, and in consideration of members' best interests," AMP said. The consumer group made mention ...