‘Systemic failure by Mercer Super,’ ASIC alleges, as it takes $70b fund to court
Australia’s corporate watchdog has launched legal action against superannuation giant Mercer, alleging the fund failed to report serious…
The expensive DBFO fee disclosure glitch
Home > Financial Planning > The expensive DBFO fee disclosure glitch While financial planners await the next tranche…
Identity of NSW man behind $19m ‘ethical’ internet scheme horrifies customers
It was pitched as the opposite of the dark web, an “ethical” version of the internet, raising as…
ASIC close to approving Cboe Australia’s bid to break ASX monopoly — Capital Brief
The news: Financial regulator ASIC is in the final stages of considering a listing market application from Cboe…
Thousands of Australians are set to receive bank refunds. Here’s what to know
More than 800,000 banking customers are eligible for refunds totalling $60 million. It comes after a review of…
Banks to refund $60m of ‘excessive’ fees but CommBank withholds $270m
Thousands of Australians wrongly slugged more than $60 million in excessive bank fees could soon get a refund,…
Brindabella Christian College may have been trading insolvent for years, administrator finds
The administrators of Brindabella Christian College in Canberra’s north say the school spent hundreds of thousands of dollars…
Two more adviser bannings over Shield
Home > Financial Planning > Two more adviser bannings over Shield In further fall-out from the Shield Master…
Optoma releases world’s first Dolby-certified high brightness home projector UHC70LV
COMPANY NEWS: Optoma has just elevated home entertainment with the launch of its flagship projector, the UHC70LV 4K…
Sequoia’s clean hands message to advisers
Home > Financial Planning > Sequoia’s clean hands message to advisers Sequoia Financial Group has sought to reassure…
Super funds urged to make faster payouts as mental health insurance claims see ‘unprecedented spike’
Mental health illness is now the main reason for total and permanent disability (TPD) claims, with consumer advocates…