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NSW Supreme Court Approves $100 Million Settlement in Fees for No Service AMP Class Action

NSW Supreme Court Approves $100 Million Settlement in Fees for No Service AMP Class Action
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Justice michael elkaimJosh frydenbergMaurice blackburnCameron mooreFinancial services industryInvestment commissionSupreme courtAware financial servicesHayne royal commissionRoyal commissionSuper financial servicesNew south walesDeliberate policyAustralian securitiesActing justice michael elkaimMisconduct must end

AMP shareholder class action settlement slashed

Disgruntled AMP shareholders are set to receive $84 million out of the $110 million class action settlement after legal fees are taken out should the court approve the proposed amount.

Maurice blackburnSupreme courtRoyal commissionHayne royal commissionSettlement sumNew south walesCorporations act

Lie after lie : Mounting calls for Senate inquiry into superannuation funds amid distressing allegations

There are calls for a Senate inquiry into super funds with two of the nation’s largest funds forced to apologise to customers for substandard service.

Heather grayNeville buckleyTania mcdonaldWayne swanAndrew braggGary ramageAntonio zisimouMarianne walkerJan jamesHayne royal commissionAustralian financial complaints authorityEconomic references committeeSky news australiaSenator andrew braggEconomic referencesLead ombudsman heather

How FAR does it go? Aon expert lifts lid

"The scope of the regime is certainly far reaching"

Liam hennessyRoyal commissionHayne royal commissionClyde coFinancial services industry hayne royal commissionFinancial accountability regimeFinancial services industryInsurance businessFederal governmentBanking executive accountability regimeRoyal assentCompensation schemeLast resortThe far legislationInancial accountability regime far

FAR: How should insurers approach this regulatory step change?

Expert says it's "tricky to implement"

United kingdomLiam hennessyRachel rileyHayne royal commissionParliament of australiaGriffith universityAustralian prudential regulation authorityClyde coHayne royalSydney based rachel rileyFinancial accountability regime billBanking executive accountability regimeBanking actBills digestFinancial accountability regimeSenior managers

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