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Showing 121 - 130 of 4084 results for "Conduct"

Housing Australia Future Fund under audit

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
... estimates. "I believe it is appropriate that you exercise your powers under section 11 of the Auditor-General Act 1997 and conduct a performance audit of the expansion of the HAFF availability payments to ensure the efficient and prudent use of taxpayer ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... Justice Button said unless Mawhinney is restrained "there is an unacceptable risk" that he will re-enter the fray and conduct, most likely through corporate vehicles, a financial services business that "adopts a financially reckless approach that exposes ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... marketing First Guardian to clients. Last month, ASIC added to Merhi's allegations, saying he engaged in unconscionable conduct, failed to act in the best interests of clients, gave conflicted advice, and provided defective statements of advice whilst ...

Netwealth invokes Part 23 of SIS Act in First Guardian response

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... returns and valuations have proven unreliable. "Netwealth considers that Falcon Capital Limited engaged in fraudulent conduct resulting in losses to the Netwealth Superannuation Master Fund. Netwealth believes fraudulent conduct by other entities and ...

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

MATTHEW WAI  |  FRIDAY, 24 OCT 2025
The fall of the Shield Master Fund and First Guardian Master Fund calls for tougher scrutiny of research houses and licensees to strengthen their governance framework, according to experts, who warn that an entrenched system requires an urgent shakeup. ...

Adviser banned after $11.3m loss

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... Administrative Review Tribunal (ART) allowed the regulator to make the ban public. ASIC said Northcott used algorithms to conduct foreign exchange trading with investors' money. However, ASIC said it found that in March and April 2022, the Noon Investment ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
... setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review was initiated by the Council of Australian Life Insurers (CALI) in July and is being led by former ASIC deputy ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... ASIC has already flagged its enforcement priorities within managed accounts in its 2025-26 Corporate Plan, saying it will conduct a surveillance of AFSLs recommending and offering managed accounts to retail clients. "We will consider compliance with ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
Two former Statewide Super executives who were terminated by the fund and then charged with dishonesty offences have been acquitted. In January 2020, Statewide Super terminated its chief risk officer Kieran Netting and chief financial and operating ...

Rest Super team defects to Channel Capital

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
Rest Super's operational due diligence team is defecting to Channel Capital in a major coup for the local investment manager. The move comes as Channel Capital launches a specialist global operational due diligence (ODD) business to meet growing ...