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CFS settles class action over MySuper transfer delays

Super fund members alleged that Colonial failed to transfer $3. 2 billion of accrued funds to a MySuper product in a timely manner. Maurice Blackburn Lawyers has announced it has reached a $56. 3 mil

Miranda nagyMaurice blackburnJon braggFinancial services royal commissionHigh courtMaurice blackburn lawyersColonial first stateFirstchoice employer superFinancial services royalMomentum mediaInvestor daily

Colonial to pay $56 3m after settling class action

Super fund members alleged that Colonial failed to transfer $3. 2 billion of accrued funds to a MySuper product in a timely manner. Maurice Blackburn Lawyers has announced it has reached a $56. 3 mil

Miranda nagyMaurice blackburnJon braggFinancial services royal commissionHigh courtMaurice blackburn lawyersColonial first stateFirstchoice employer superFinancial services royalMomentum mediaInvestor daily

Opening Statement To The Senate Economics Legislation Committee Additional Estimates - 17 February 2022 - Opening Statement By ASIC Chair Joseph Longo At The Senate Economics Legislation Committee Additional Estimates, 17 February 2022

<p><span>Good morning Chair and Committee members.</span></p> <p><span>I would like to take the opportunity at this last hearing of the Committee for the term of this Parliament to make some brief introductory remarks.</span></p>

Sterling incomeFinancial servicesRoyal commissionInternational sustainability standards boardSenate committeeFinancial regulator assessment authorityCouncil of financial regulationsInsurance australia limitedEthics authorityCredit panelFinancial services royal commissionFinancial services royalFederal courtRegulatory efficiency unitBetter advice actFinancial adviser standards

Parliamentary Joint Committee On Corporations And Financial Services - Opening Statement - 11 February 2022 -Opening Statement By ASIC Chair Joseph Longo At The Parliamentary Joint Committee On Corporations And Financial Services, 11 February 2022

<p><span>Good morning Chair and Committee members.</span></p> <p><span>I would like to take the opportunity at this last hearing of the Committee for the term of this Parliament to make some brief introductory remarks.</span></p>

Sterling incomeFinancial servicesRoyal commissionInternational sustainability standards boardSenate committeeFinancial regulator assessment authorityCouncil of financial regulationsInsurance australia limitedEthics authorityCredit panelFinancial services royal commissionFinancial services royalFederal courtRegulatory efficiency unitBetter advice actFinancial adviser standards

Federal Court hands down $6m penalty over inappropriate retirement advice

RI Advice Group has been ordered to pay a $6 million penalty after one of its authorised representatives allegedly advised clients to invest in complex products that were unsuitable. In an public upd

Miranda brownleeJohn doyleJustice moshinskyRi advice groupMs courtSarah courtFinancial services royal commissionFederal courtFinancial services royalInvestor daily

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