CommSec has been ordered to pay a $20 million penalty for breaches including overcharging customers more than $4.3 million in brokerage fees.
Jamie Williamson
 | Jamie Williamson is the editor of Financial Standard. Prior to this she was a senior journalist, covering wealth management including financial advice, superannuation and life insurance. Before turning to journalism, she worked in public relations, specialising in financial services. She has a Bachelor's degree in communications from the University of Newcastle. Connect with Jamie Williamson on LinkedIn. |
Showing 41 to 50 of 74 results for Jamie Williamson:
AMP will pay $14.5 million for charging close to 1500 super members fees for no service, while Dixon Advisory will pay $7.2 million for providing inappropriate advice.
She founded KKW Beauty and the SKIMS shapewear line. Now Kim Kardashian has a new venture, launching her own private equity firm, SKYY Partners.
Four years on from the banking royal commission, the final reforms will be introduced to parliament this week, a move financial services minister Stephen Jones says is "long overdue".
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time.
Aussies who bought policies from Freedom Insurance could be entitled to compensation after ASIC uncovered shocking sales tactics.
Almost a million super accounts, largely held by women, single parents and the unemployed, were closed or nearly emptied during COVID-19.
Suncorp is set to pay $33 million to settle a class action brought by super fund members, but $19 million of that will go towards legal fees.
Squirrel Super claimed that metro residential property was likely to double in value every seven to 10 years - claims they repeated more than 9000 times.
The chair of Spaceship Capital has been banned by ASIC for failing to understand the group's services, after a number of members were assigned to the wrong super product.
