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Showing 131 - 140 of 3204 results for "Scheme"

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
ASIC is taking Interprac Financial Planning to court over its failure to ensure representatives acted in clients' best interests. It's also been accused of lacking adequate risk management systems. The regulator said it was because of "critical ...

Global X to launch Japan TOPIX 100 ETF

MATTHEW WAI  |  WEDNESDAY, 12 NOV 2025
... Japan TOPIX 100 ETF was registered on the Australian Business Register, followed by the appearance of a managed investment scheme of the same title on the ASIC register on September 22. Further, details of J100 were displayed in Global X's product disclosure ...

ASIC releases new ETP guide amid booming market

KARREN VERGARA  |  MONDAY, 10 NOV 2025
ASIC has released a new regulatory guide for exchange-traded products (ETPs) to help participants comply with their obligations in a booming market. RG 282: Exchange-traded products targets issuers, responsible entities and market operators. In the ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
... December 2021, CBA completed the sale of a 55% interest in CFSIL to KKR. On 15 March 2021, the Federal Court approved a scheme which provided that AIA Australia was liable for certain liabilities of CMLA as specified in the scheme. CBA assumed carriage ...

Vanguard proposes tax-free way to save extra cash

RIDDHIMA TALWANI  |  WEDNESDAY, 5 NOV 2025
Vanguard has proposed the introduction of a new scheme through which young Australians could move excess cash into a tax-incentivised investment account. The proposed MyInvestment scheme would involve an account with an annual contribution limit of ...

Perpetual confirms exclusivity with Bain Capital

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... transactions that the board believed could be in the best interests of shareholders. "Following the termination of the scheme implementation deed, the board decided that in order to continue to invest in our businesses, we would also explore the sale ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
Private credit fund managers downplay the risks of their products and flout basic disclosures of the state of their investments, ASIC's investigation reveals, fearing they have the potential to harm investors, the sector itself and the broader financial ...

APRA to rejig non-traditional service providers framework

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
APRA is proposing changes to superannuation funds' arrangements with non-traditional service providers (NTSPs), which forms part of the newly implemented CPS 230. APRA said the proposed amendments will clarify its expectations for super funds' arrangements ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... offences involving six investors, totalling more than $34 million, when he was operating an unregistered managed investment scheme at AMS Holdings (WA) as far back as January 2010. The Federal Court ordered the wind-up of the scheme and company on 7 ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...