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Showing 101 - 110 of 5198 results for "2015-16 ASIC"

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... hiring former ASIC commissioner Danielle Press as independent chair of its inaugural AFSL Governance Committee. Last November, ASIC commenced civil penalty proceedings in the Federal Court against InterPrac. Sequoia is expected to complete its statement ...

UniSuper faces fresh greenwashing allegation

JAMIE WILLIAMSON  |  MONDAY, 23 FEB 2026
The Environmental Defenders Office (EDO) claims changes the super fund made to its Global Environmental Opportunities (GEO) option last year have resulted in members being misled. The Environmental Defenders Office has made a formal complaint to ASIC ...

SMSF advice guidelines require improvement: AFCA

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
... around self-managed superannuation funds (SMSF), claiming some suggestions were not "done well at all." In INFO SHEET 274, ASIC provided six recommendations, aiming to give advisers a better understanding of their obligations when advising SMSFs, including ...

Super outflows persist but profits up at Insignia Financial

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026
Insignia Financial's Master Trust has posted net outflows of $1.5 billion in 1H26, an increase from $671 million in 2H25. "In the Master Trust business, advised and personal channel outflows remain challenging. We are progressing targeted initiatives ...

Equity Trustees places superannuation arm under review

JAMIE WILLIAMSON  |  THURSDAY, 19 FEB 2026
As it continues to face scrutiny over the Shield and First Guardian collapses, Equity Trustees has commenced a strategic review of its superannuation business. As part of its half year results announcement this morning, Equity Trustees said it is reviewing ...

SMSF advice requires specialist skills, professional judgement: SMSFA

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... were in this this review to improve their own processes," he told the annual SMSFA Conference in Adelaide. In the report, ASIC urged advisers to use professional judgement when determining whether a self-managed super fund is the right option. "Now ...

ASIC fines Fundhost for misleading fund performance

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... performance of the Polen Capital Global Growth Fund. Fundhost is the responsible entity of the Polen Capital Global Growth Fund. ASIC said between 15 March 2021 and 20 February 2025, a performance chart depicted the performance of the Polen Capital Focus ...

Opposition leader unveils fresh shadow cabinet

RIDDHIMA TALWANI  |  WEDNESDAY, 18 FEB 2026
Newly appointed Opposition leader Angus Taylor has unveiled his shadow cabinet, promoting Tim Wilson from the industrial relations portfolio to the position of shadow treasurer. Taylor became the leader of the Opposition after winning a Liberal Party ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
Two years on from a review into cold calling and lead generators, ASIC is launching another into the advice licensees that use them. ASIC said the aim of the review is to address practices that inappropriately or unnecessarily encourage consumers to ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... funds management unit reported $6 billion in assets, up from $5.6 billion from the prior corresponding period. Last October, ASIC sued Fiducian for alleged greenwashing and failing to act with care and diligence as the responsible entity of the Diversified ...