federal court

Superannuation

The FSC and industry funds are again at loggerheads over how default superannuation funds should be selected....

Financial planning

Federal Court grants interim asset preservation orders against WA adviser

The Federal Court has made interim asset preservation orders by consent against former Western Australia-based financial adviser Marion Joan Pearson and Colisa Pty Ltd, f...

Financial planning

Planner liability thrown into confusion by court decision

The level of proportionate liability for the actions of planners and licensees has been made uncertain after the Federal Court contradicted itself in recent ruling....

Financial planning

'Ponzi scheme’ investors to pay portion of Wealthsure’s appeal costs

Investors who were encouraged to invest in what a Federal Court judge called “a Ponzi scheme” will have to pay 30 per cent of the costs of their financial adviser’s appea...

Financial planning

Sandhurst to face class action over Wickham Securities collapse

Shine Lawyers is set to launch as class action against Sandhurst Trustees after securing a Federal Court ruling relating to the $30 million collapse of failed property le...

Superannuation

FWC halts default fund selection

The Fair Work Commission has formally acknowledged that its default fund selection process has been suspended....

Financial planning

FSC’s Court win on default funds

The FSC has won its Federal Court case challenging the make-up of the FWC’s expert superannuation panel....

Policy & Regulation

FSC lawyers ask FWC president to declare intentions

Lawyers representing the Financial Services Council have asked the FWC president, Justice Iain Ross, to clarify his intentions on the expert panel selecting default funds...

Superannuation

FWC president denies continuing conflicts

FWC president, Iain Ross denies the existence of continuing conflicts of interest relating to the FWC’s expert superannuation panel....

Policy & Regulation

FWC and FSC quarrel nearing end

The controversial Federal Court dispute between the Financial Services Council (FSC) and the Fair Work Commission (FWC) may be defused by a letter from FWC president, Jus...

Superannuation

FSC mounts court challenge to FWC on defaults

The FSC has fulfilled its threat to take the FWC to court challenging the constitution of its expert panel in the default super process....

Funds management

Banks not offering incentives on defaults – FSC

The FSC has sought to scotch industry super claims that banks are offering incentives to employers on the selection of default funds....

Financial planning

FSC to pursue legal action on defaults

FSC moves to Federal Court to challenge FWC process....

Funds management

ASIC seeks penalties against Mariner directors

ASIC begins legal proceedings over failed takeover bid...

Editorial

Why it's time to standardise Statements of Advice

With research showing that Statements of Advice remain almost impenetrable documents for consumers, Bruce Keenan argues it could be time for a change. ...