FEDERAL COURT

Financial planning

The proposed merger between insurance houses Promina Group and Suncorp Metway received positive support from shareholders yesterday paving the way for the merger to be fi...

Financial planning

The Financial Industry Complaints Service has prevailed in a Federal Court application over its jurisdiction to resolve Westpoint complaints, but it has turned out to be ...

image
Financial planning

An Australian Federal Court has ruled that the Financial Industry Complaints Service has the jurisdiction to deal with complaints against financial advisers who recommend...

image
Financial planning

The Australian Securities and Investments Commission has sought orders from the Federal Court of Australia for the winding up of several Melbourne-based investment scheme...

Financial planning

The corporate regulator is currently seeking orders in the Federal Court of Australia to stop Sample & Partners, a mortgage broking company, from engaging in misleading a...

Financial planning

The Australian Securities and Investments Commission has been granted Federal Court orders to wind up a total of 14 companies associated with the failed Westpoint group....

Financial planning

One former financial adviser has been banned from providing financial services for three years, and another for 12 months, at the hands of the corporate regulator for var...

Financial planning

Two unregistered managed investment schemes and three associated companies will be wound up following a Federal Court of Australia order initiated by an Australian Securi...

Funds management

The financial services regulator has obtained undertakings in the Federal Court of Australia stopping the activities of the operators of an unregistered investment scheme...

Financial planning

The promoter of a scheme offering the early release of superannuation benefits has pleaded guilty to dishonestly inducing persons to deal in financial products in the Sou...

Financial planning

The corporate regulator has commenced proceedings in the Federal Court of Australia against a mortgage broker for his conduct in applying for two lo-doc loans for one of ...

Financial planning

The Tasmanian District Registry of the Federal Court of Australia has issued orders to wind up two unregistered investment schemes that attracted over $5.5 million in inv...

Editorial

Financial incentives will determine the role that institutional investors will play in shareholder class actions, writes Michael Legg....

Financial planning

A judgement by the Federal Court will make it easier for clients of the Melbourne-based company, Money for Living, to seek legal advice after an announcement last week th...

Superannuation

An unregistered managed investment scheme involving the Victoria Garden Retirement Village and Primelife Corporation had a liquidator appointed to it this week following ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 3 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 6 days ago