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Search ResultsShowing 1 - 10 of 70 results for "High Court"
ASIC will not appeal wagyu and shiraz decision
ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December ...
High Court rules against Fortescue
ELIZA BAVIN  |  MONDAY, 25 MAY 2020
The High Court in London has lifted an interim injunction preventing news organisations from publishing details of price discounts offered in the low-grade iron ore market by Australian mining giant Fortescue Metals Group (FMG). FMG had applied for ...
QSuper not to appeal AFCA win
KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... QSuper had challenged AFCA's jurisdiction over the matter. The fund yesterday said it had decided not to appeal to High Court after considering the best interests of its membership. However, it said it is concerned of extra obligations for superannuation ...
Fortescue seeks to hide pricing
ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... prevent the publishing of its iron ore prices. FMG asserts that its prices are "confidential" and has asked the UK High Court to disallow the publishing of the information. S&P hit back at the miner, filing its own action in the US District Court for ...
AIOFP launches fresh campaign, criticises FPA
ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... government should listen now or they will feel them at the next election." At the start of this year the AIOFP admitted a High Court challenge to stop the banning of grandfathered remuneration had fallen over as the association failed to raise the required ...
COVID-19 sparks renewed fight for commissions
ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... association has previously accused ASIC of prompting institutions to turn off grandfathered commissions early, even when a High Court challenge of the grandfathered commissions ban was on the cards. "LIF, FASEA, the banning of grandfathered revenue and ...
AMPFPA action progresses, associations merge
JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... Speaking to Financial Standard, AMPFPA chief executive Neil Macdonald said the filing of the action was delayed by a High Court decision in December around how class actions are funded, requiring law firm Corrs to sign up a minimum number of advisers ...
Separate advice and product: AIOFP
ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
... advice pre-2013 and it is a long bow to draw that paying commissions [would have] made the product fail." The AIOFP's High Court challenge to stop the banning of grandfathered commissions recently fell over after it failed to reach its funding target ...
Last stand for grandfathered commissions falls over
ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... The Association of Independently Owned Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered ...
Grandfathering phase out tussle continues
ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... of product failure that has been unfairly blamed on the advice community," Johnston said. The AIOFP is mounting a High Court challenge against the banning of grandfathered remuneration. "We think it is too heavy handed to be shutting down grandfathered ...
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