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Female partner drops sex discrimination case against ISG
Employment 2023-04-14 11:31 pm By Christine Caulfield

A sex discrimination case by the only female partner at global tech research company Information Services Group has been discontinued after a judge panned the “ludicrous” number of witnesses expected to give evidence.

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‘Absolutely ludicrous’: Judge pans witness numbers in ISG sex discrimination case
Employment 2023-04-03 11:59 am By Christine Caulfield

The judge overseeing a sex discrimination and harassment lawsuit by the only female partner at global technology research company Information Services Group has lashed out at the parties for proposing to call a parade of 16 witnesses and estimating the trial would take three weeks.

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ā€˜Surprising and concerningā€™: AMP hit with $14.5M penalty in fees for no service case
Financial Services 2022-09-20 11:00 pm By Cindy Cameronne

A judge has imposed a $14.5 million penalty on five AMP entities, saying it was ā€œsurprising and concerningā€ that the wealth manager deducted $356,000 from customers’ superannuation accounts for advice they never received, despite numerous complaints.

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‘No real contrition’: ASIC seeks $17.5M penalty against AMP in fees for no service case
Financial Services 2022-08-29 9:00 pm By Sam Matthews

ASIC has told a judge AMP should face a $17.5 million penalty for deducting $356,000 from customers’ superannuation accounts for advice they never received, saying the wealth manager had shown “no real contrition” for its conduct.

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AMP to face off against ASIC over penalty for charging dead customers
Financial Services 2022-08-17 12:49 pm By Cat Fredenburgh

AMP has admitted ASIC’s allegations that it acted unconscionably in charging life insurance premiums and advice fees to deceased customers, but the wealth manager will go head to head with the regulator over how much it should pay for its contraventions.

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AMP denies acting unconscionably by charging dead customers for life insurance
Financial Services 2022-05-10 9:50 pm By Cindy Cameronne

AMP has admitted two of its units charged customers fees for no service but denied it acted unconscionably in a case brought by the corporate regulator alleging it continued to charge advice fees and life insurance premiums to customers who had died.Ā 

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Flying Eureka Flag at construction sites banned under building code, court finds
Employment 2022-03-11 9:24 pm By Miklos Bolza

A court has found that flying flags associated with the Eureka Rebellion or displaying material bearing union mottos and indicia at construction sites contravenes the Building Code.

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AMP to face penalty in ASIC’s fees-for-no-service case
Financial Services 2022-03-10 3:59 pm By Sam Matthews

AMP has admitted to contraventions and will face a penalty in ASIC proceedings over fees-for-no-service conduct that allegedly led to upwards of $600,000 being unlawfully withdrawn from superannuation member accounts.

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Rex boss threatened cadets in letter urging ‘fierce loyalty’, appeals court says
Employment 2021-12-17 10:13 pm By Bianca Hrovat

Australiaā€™s leading regional airline faces further litigation after an appeals court found it sent a threatening letter to prospective cadet pilots, urging them to stay in cheap, ā€œinappropriate accommodationā€ in order to demonstrate their commitment to the company.

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AMP denies it broke the law by charging dead people for life insurance
Insurance 2021-09-01 2:44 pm By Miklos Bolza

AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice fees for life insurance after they died.

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