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Showing 1 - 10 of 35 results for "Federal Court proceedings"

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... dispute resolution scheme if financial firms can simply refuse to pay determinations and drag victims into Federal Court proceedings instead? That is not consumer protection. That is consumer exhaustion." Kee is part of the First Guardian and Falcon ...

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
Interprac Financial Planning has commenced Federal Court proceedings against the Australian Financial Complaints Authority (AFCA), believing it has not been treated fairly. Sequoia Financial Group, Interprac's parent company, said the case relates ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
... proofs of. ASIC commissioner Alan Kirkland told an industry event yesterday the regulator has 10 separate Federal Court proceedings against 18 defendants with more to come. This spans the entire value chain, from research houses and financial advisers ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... Chris Marco to defraud more than $29.5 million from six investors. The criminal charges followed earlier Federal Court proceedings taken by ASIC against Marco and the company previously run by him, AMS Holdings (WA). In those proceedings, the Federal ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper, alleging the fund failed to process death benefit claims efficiently, honestly and fairly between ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... breaches since they partnered which have had a material impact on the fund and its members. ESSSuper filed Federal Court proceedings against Iress and its Financial Synergy Holdings subsidiary, claiming material breaches of contract and pre-contractual ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... since they partnered which have had a material impact on the fund and its members. ESSSuper has filed Federal Court proceedings against Iress and its Financial Synergy Holdings subsidiary, claiming material breaches of contract and pre-contractual misrepresentations. ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... Looking at a 10-year performance period, Active Super achieved the highest returns at 8.5%, even amid Federal Court proceedings from ASIC over allegations of greenwashing. Aware Super's High Growth strategy and Hostplus' Balanced option also ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... and firms that promote tax avoidance. Further, it will increase the time limit for the ATO to bring Federal Court proceedings on promoter penalties from four years to six years after the conduct occurred. The new legislation will also increase the power ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... advisers and firms who promote tax avoidance. It will also increase the time limit for the ATO to bring Federal Court proceedings on promoter penalties from four years to six years after the conduct occurred. Further, it explained limitations in tax ...
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