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Showing 1071 - 1080 of 28215 results for "NOT"

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... having undisclosed bonus arrangements tied to recommending Shield. Other serious compliance failures ASIC alleges included not taking reasonable steps to ensure advisers provided appropriate advice that was in the clients' best interests; providing ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

ASIC proposes 'kill switches' for unusual trading

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
ASIC is consulting on proposed changes to modernise market integrity rules (MIRs) governing participants' trading systems and automated trading. ASIC said the proposed changes aim to keep pace with continued developments in technology, including artificial ...

ESG labelling could 'destabilise' super system: RIAA

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... introduced in the EU, many investment managers abandoned sustainable labels altogether as their investment strategies were not eligible under the rigid criteria applied. This is in part because some elements of the regime require a minimum percentage ...

Aware Super invests in $1bn venture

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Aware Super has partnered with European fund manager Equitix and the UK National Wealth Fund (NWF) to invest $1.04 billion (£500m) in a UK battery storage platform. Led by Equitix, the consortium will fund Eelpower Energy to build, own, and operate ...

NGS Super readies for admin transformation

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
... channels. The fund said members should consider making necessary account updates and transactions ahead of October 23 as they will not be able to transact on their account during the limited service period. All income and pension payments will be paid ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... the growing influence of superannuation funds as key enforcement priorities over the next four years, insisting that it is not sitting on the sidelines. The watchdog singled out drastic changes in these three areas in its 2025-26 Corporate Plan, flagging ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... volatility in the annual trimmed mean measure of inflation from the monthly CPI reports also once again justifies the RBA decision not to cut rates in July and instead wait for evidence of easing inflation in the more reliable quarterly report later ...

QIC harvests rare earth elements to turbocharge net zero transition

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... Crombie said for the net zero transition, the need for REEs has become a strategic priority. "Recent export restrictions have not only raised geopolitical concerns, but international markets are actively seeking alternative, reliable sources of REE supply," ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... opportunity exists to modernise this test, to ensure that it is fit for purpose for future opportunities. Regulation should not be set and forget." Delahunty said the performance test has given rise to "unintended consequences", including benchmark hugging ...