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Showing 121 - 130 of 4494 results for "Case"

ASIC fines Fundhost for misleading fund performance

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... fund, as a result showing the fund outperformed the index since its inception on 15 March 2021, when in fact this was not the case. The performance chart did not appear on Fundhost's website, but rather on Montgomery Investment Management's website ...

AMP profits fall as Alexis George prepares to step down

ELIZA BAVIN  |  THURSDAY, 12 FEB 2026
... capacity to participate in inorganic opportunities when they arise. We will consider these only where there is a compelling case to build our scale or accelerate development of our capabilities," George said. Commenting on her upcoming departure announced ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... failures that went on for years and saw the private data of clients compromised and, in some cases, leaked. ASIC brought its case against FIIG Securities in March 2025 after it found the firm failed to have adequate cyber risk management systems in place ...

Aged care advice needs regulatory intervention: Research

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
In a new report, The risk of unrelated aged care advice: protecting older Australians and ensuring quality advice paper, Aged Care Steps identifies key issues with how aged care advice is being provided in Australia, calling for reform. Older Australians ...

Interprac ordered to pay $120k over Shield advice, blames Macquarie

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... in relation to the Shield Master Fund, the Australian Financial Complaints Authority (AFCA) lead decision reveals. In this case, the complainant received financial advice from Interprac in June 2022 to establish an account in the Macquarie Super Fund ...

ASIC acts against 28 SMSF auditors

MATTHEW WAI  |  FRIDAY, 30 JAN 2026
... Review Tribunal. Currently, Morey and Yianni have requested that ASIC reconsider their disqualification decisions, and in each case, the disqualifications have been confirmed. Both have since applied to the Administrative Review Tribunal for review of ...

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... coming in February. "All up, it appears to be game, set and match for a rate rise at the February policy meeting. My base case is that the RBA will raise rates by 0.25%, taking the cash rate to 3.85%," he said. "What's more, if the March quarter 2026 ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... unlicensed conduct and $12 million for misleading and deceptive conduct. ASIC chair Joe Longo described the outcome as a test case for the crypto industry, and a warning to companies offering digital assets. "The size of these penalties underscores the ...

Genetic testing ban may drive up insurance cost, premiums: FAAA

KARREN VERGARA  |  WEDNESDAY, 28 JAN 2026
... to engage with genetic testing. It is appropriate to provide greater certainty." Further, the FAAA argued it is often the case that people seeking genetic testing are doing so in response to clinical testing results confirming the existence of health ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
ASIC has said operational failures by superannuation fund trustees as well as the rise of artificial intelligence (AI) will drive the local regulatory space in 2026. Operational failures among super trustees and administrators, such as delays in processing ...