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Showing 101 - 110 of 6679 results for "Review"

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... of a cross-claim relating to ASIC's proceedings for its involvement in First Guardian. Praemium said it will "will review the claim and take advice and update the market in due course." Diversa Trustees has said it will be "vigorously defending" ...

KPMG details action plan to address whistleblower probe

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... independent members to the Australian board and ensure a balance between KPMG representatives and independents. The firm will review and update the board's role and remit in line with corporate governance best practice. This will include involving independent ...

Pendal shutters Global Select Fund

KARREN VERGARA  |  WEDNESDAY, 24 JUN 2026
... return before fees, costs and taxes that exceeds the MSCI ACWI NR Index in AUD over rolling five-year periods. "We regularly review our product offerings and investment capabilities to ensure that our business continues to maintain a product suite that ...

Small fee increases cost nest eggs $77k: Vanguard

KARREN VERGARA  |  WEDNESDAY, 24 JUN 2026
A new analysis from Vanguard Australia shows superannuation funds charging marginal fee increases can cost members $77,000 in retirement. Full-time workers paying an extra 0.5 percentage points in fees each year can cost $77,000 by the time they reach ...

Global X awards mandate for ETF business

ELIZA BAVIN  |  TUESDAY, 23 JUN 2026
... selected Citi as the new custodian and fund administrator for its Australian ETF business, following a comprehensive market review process. Global X said Citi's appointment forms part of its ongoing commitment to strengthening its operating model, enhancing ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... scheme was "fraudulent." ASIC has not made any claims against PAL, Powerwrap or OVWS to date. Praemium said it will "will review the claim and take advice and update the market in due course." APRA imposed additional licence conditions on Diversa in ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... seeking advice and then implementing that advice. That's where we see real value." Total improvement ASIC's scathing review of the death benefit claims-handling process released in March 2025 found not one trustee tracked the life of a claim ...

ASIC moves to preserve derivatives and securities relief framework

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... certain substantial holding disclosure requirements under the Corporations Act. The consultation forms part of ASIC's regular review of legislative instruments approaching sunset. While the regulator has flagged minor amendments, it's said the overall ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... (ETSL), after facing continued scrutiny over the Shield and First Guardian collapses. Equity Trustees commenced a strategic review of its super business early this year. It said this is part of a strategic repositioning to focus on its core corporate ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
... and dismissed by the tribunal on June 16. Newbound and Freedom Wealth Services have also appealed to the Administrative Review Tribunal for a review of ASIC's decision, with a hearing date for a review on the decision not yet set. Newbound was an authorised ...