... misleading statements about the sustainable nature and characteristics of some of its super investment options. The Federal Court found Mercer members who took up the 'Sustainable Plus' options had their money invested in industries that the ...
Booktopia customers face a costly final chapter, The Good Guys taken to court over allegations of misleading promotions, and the $200 billion investment Aussies are flocking to. Here are five things you may have missed this week. Booktopia customers ...
... investments that posed a risk to the environment and the community, including gambling, coal mining, and oil tar sands. Court documents showed that Active Super said it wouldn't invest in companies deriving more than 10% of their revenue from gambling. ...
... after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting several fraudulent applications ...
... expenses, and business expenses of Refocus. Following an ASIC investigation, he appeared before the Maroochydore District Court and entered pleas of guilty to nine counts of fraud totalling $652,500. He was sentenced to six years imprisonment with eligibility ...
The social media landscape is awash with finfluencers - amateur 'financial advisers'. While some are helping to improve financial literacy, it's an area fraught with danger for consumers. It's hard not to admire Kim Kardashian. The reality TV star turned ...
... between May 2021 and July 2022. This week the airline agreed to pay $20 million to affected customers plus a $100 million court penalty. Qantas says impacted customers will receive payments of $225 for domestic flights and $450 for international flights. ...
... received independent legal advice before signing the agreement, and they must not have been terminated or set aside by a court. Each party must have their own lawyer. The average time to finalise an agreement is one to three months. 4. What is the difference ...
... to ensure they comply with regulatory obligations in order to protect consumers," ASIC chair Joe Longo said. The Federal Court last week appointed Anthony Connelly, Kathy Sozou, and Jamie Harris of McGrathNicol as receivers over the digital currency ...
... Wallet would've been required to hold an Australian Financial Services Licence to offer such a product. However, the court disagreed with ASIC's assertions and ruled in favour of Finder Wallet. ASIC lodged an appeal today against the decision ...
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