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Showing 91 - 100 of 3201 results for "Scheme"

ASIC seeks feedback on updating financial reports relief guidance

MATTHEW WAI  |  TUESDAY, 13 JAN 2026
ASIC has commenced a consultation on updating the Regulatory Guide 43 Financial reports and audit relief (RG 43), to ensure clarity in granting relief from the financial record-keeping, financial reporting, and audit requirements. The update aims to ...

Cbus hires corporate governance head

ELIZA BAVIN  |  MONDAY, 12 JAN 2026
... to Financial Standard. Prior to ESSSuper, Tromans was the head of governance and risk for Australia Post Superannuation Scheme. In October, Cbus agreed to pay $23.5 million to settle the matter brought against it by ASIC in relation to delayed death ...

GESB alignment strategy sees member, FUM growth

JAMIE WILLIAMSON  |  FRIDAY, 9 JAN 2026
... May 2025, GESB implemented its One Fund strategy, which involved several State Superannuation Act amendments to allow the scheme to receive contributions for members from non-government employers, meaning they can now keep their GESB account when they ...

Super moves: WATC, Medibank, HESTA, Future Fund

ELIZABETH FRY  |  THURSDAY, 8 JAN 2026
... senior associate with Universities Superannuation Scheme's private markets team in the UK. The £76.8 billion pension scheme for higher education employees is one of the largest in the country. During his three and a half years at First Sentier ...

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
... remain members of the super funds that wronged them are now able to transfer out. Since the collapse of the investment scheme, members of AusPrac Super and YourChoice Super were essentially forced to remain members of the funds throughout the liquidation ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
... misconduct continues to be a key enforcement priority for ASIC." Notably, BDO is also the auditor of the collapsed investment scheme Shield Master Fund, which confirmed that Keystone Asset Management, the responsible entity of Shield, had complied with ...

Pump and dump conspirators sentenced

MATTHEW WAI  |  TUESDAY, 23 DEC 2025
The four people who conspired in a pump and dump scheme were delivered their sentences at the Sydney District Court, ASIC said. Larisa Quinlan, Kurt Stuart, Emma Summer, and Syed Yusef have been sentenced to between 14 months and two years' imprisonment ...

AFCA streamlines approach to over 1800 Shield, First Guardian complaints

MATTHEW WAI  |  MONDAY, 22 DEC 2025
The Australian Financial Complaints Authority (AFCA) has released details of its lead decision approach for Shield Master Fund and First Guardian Master Fund complaints, aiming to deliver a "consistent and fair" outcome for all affected investors. The ...

Adviser of MWL, UGC banned for seven years

MATTHEW WAI  |  MONDAY, 22 DEC 2025
... representative of MWL facing repercussions for recommending their clients to invest in the collapsed superannuation investment scheme, Shield Master Fund. While authorised by MWL, Van Coppenhagen provided "inappropriate" advice by recommending his clients ...

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
Treasury is seeking industry feedback on the proposed reforms that aim to reduce tax concessions under Division 296 "enjoyed by individuals with large superannuation balances." The proposed changes centre on applying a 30% tax rate on earnings from ...