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Showing 1 - 10 of 28 results for "Federal Court proceedings"

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 ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... offences, is alleged to have fabricated evidence related to Berndale funds in overseas bank accounts in Federal Court proceedings. D'Amore and Kirby are also alleged to have made a false statement or submitted false or misleading documents to ASIC ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... numbers, features and functionality, she added. Asgard Independence Plan Division Two was the subject of Federal Court proceedings brought by ASIC over insurance premiums that were charged to close to 10,000 members, through to 2020. The issue was the ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... not be aired publicly," Roberts said. "ASIC froze our client's access to funding in two previous Federal Court proceedings which denied them the ability to afford a defence. This gave ASIC a significant unfair advantage in obtaining judgments in ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation fund, alleging that between May 2017 and June 2020 the fund ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... American real estate fund. Its troubles did not stop. On September 4, ASIC announced it had initiated Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. The firm has since moved ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ...
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