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Showing 141 - 150 of 4150 results for "Action"

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
... and centre of the First Guardian and Shield Master Fund collapses, saying it should take accountability for its delayed action and it is high time for its reformation. Conaghan took the opportunity to reprimand the regulator at the annual Financial Advice ...

SMC makes recommendations to safeguard super

ELIZA BAVIN  |  MONDAY, 17 NOV 2025
... prevent consumer harm from high-risk super switching. The call comes as the corporate regulator continues to launch legal action against those involved in the collapses of Shield and First Guardian. ASIC deputy chair Sarah Court said the misconduct was ...

ASIC acts against MWL, its director and lead generator

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
ASIC is taking legal action against MWL Financial Services, its former director Nicholas Maikousis, and lead generator Imperial Capital Group Australia over alleged Shield advice failures. ASIC alleges that MWL operated a business model that provided ...

Industry bodies offer Payday Super resources

KARREN VERGARA  |  TUESDAY, 11 NOV 2025
... that try to do the right thing and resolve any issues quickly. This will "not be the focus of the ATO's compliance action." "We're working closely with industry groups, tax professionals, digital service providers and super funds to help prepare ...

Wealthy families double down on private markets: JP Morgan

RIDDHIMA TALWANI  |  MONDAY, 10 NOV 2025
... report read. Over 70% of principals are dedicated to philanthropy, viewing giving as grounds for stewardship and value in action. "My father spent 101% of his time on making money, not giving it away. I see it a little differently," one principal sai ...

TAL to provide mental healthcare program via partnership

MATTHEW WAI  |  MONDAY, 10 NOV 2025
... claims in relation in 2024-25 alone. It comes as the Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims to ensure claimants are assessed appropriately.

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
As HESTA and Vision Super move to divest members' money from Israeli bonds and shares, other superannuation funds' ethical options continue to overlook human rights abuses. HESTA confirmed the move, saying that as part of its investment strategy ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
Senator Jane Hume's Superannuation Legislation Amendment (Tackling the Gender Super Gap) Bill 2025 sparked a wave of backlash during its second reading in the Senate this week. The bill, which seeks to allow spouses to split superannuation annually ...

ASIC cracks down on adviser CPD failures

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... sitting panels between March and May 2025. The panel decided to give four financial advisers reprimands and to take no action in relation to one financial adviser. ASIC said it is important financial advisers remember continuing professional development ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... incident to ASIC and paid the infringement notices on 3 November 2025. "Once we identified the issue, we took immediate action to remove the content from publication and self-reported the incident to ASIC," the super fund said. "HESTA takes our regulatory ...