FEDERAL COURT
Funds management
BOQ has reached a $19.7 million settlement with ASIC and borrowers who were advised by Storm Financial....
Financial planning
The Commonwealth Bank has moved to inject plaintiff law firms into its advice review processes....
Financial planning
SFG Australia Limited shareholders have voted to support IOOF Holdings Limited’s proposed acquisition of 100 per cent of the company’s ordinary shares....
Superannuation
The FSC and industry funds are again at loggerheads over how default superannuation funds should be selected....
Financial planning
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
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
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
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
The Fair Work Commission has formally acknowledged that its default fund selection process has been suspended....
Financial planning
The FSC has won its Federal Court case challenging the make-up of the FWC’s expert superannuation panel....
Policy & Regulation
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, Iain Ross denies the existence of continuing conflicts of interest relating to the FWC’s expert superannuation panel....
Policy & Regulation
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
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
The FSC has sought to scotch industry super claims that banks are offering incentives to employers on the selection of default funds....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...