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Showing 151 - 160 of 18680 results for "Act"

Prime Super awards mandate to boutique manager

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
Prime Super has expanded its roster of domestic investment managers, awarding a new Australian equities mandate to Merlon Capital Partners. The $8 billion fund will utilise Merlon's Concentrated Australian Share strategy, which focuses on high conviction ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
ASIC has issued warning notices to four finfluencers suspected of providing unlicensed financial advice or engaging in misleading or deceptive conduct, as well as commencing a review of several licensees and their supervision of 15 finfluencers operating ...

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
Speaking at the National Press Club on Wednesday, minister for health and ageing Mark Butler said he will soon introduce a bill to ensure the sustainability of the National Disability Insurance Scheme (NDIS), seeing about 160,000 recipients' entitlements ...

Addressing modern slavery risks more critical than ever: RIAA

KARREN VERGARA  |  THURSDAY, 23 APR 2026
... The first is a mandatory risk-based modern slavery due diligence obligation for reporting entities under the Modern Slavery Act. The second is a mechanism for the commissioner to declare that a product, service or industry carries a high risk of modern ...

ASIC bans another former MWL adviser

ELIZA BAVIN  |  THURSDAY, 23 APR 2026
ASIC has banned Sydney-based former financial adviser John Morgan from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ...

Perpetual AUM falls by $8.3bn in March quarter

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
Perpetual's total assets under management (AUM) declined by $8.3 billion to $219.2 billion in the March quarter. The decrease was due to unfavourable currency movements of $3.6 billion, net outflows of $2.8 billion and negative market movements of $1.9 ...

arcpoint OCIO wins three mandates

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
Newly launched arcpoint OCIO scored its inaugural clients, winning mandates from three advisory firms. The Sydney-based firms are Capella Advisory, ek Private Advisory and United Advisory. For ek Private Advisory, which services high-net-worth (HNW) ...

Treasury's proposal adds flexibility for new advisers: FAAA

MATTHEW WAI  |  WEDNESDAY, 22 APR 2026
... financial advice profession, it is also essential that the government is careful with the introduction of other reforms that could act as a disincentive for potential new entrants, including through the imposition of further levy increases or other limitations ...

AustralianSuper ups Syrah stake to 49.6%

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2026
AustralianSuper has increased its stake in Syrah Resources to 49.6%, acquiring around 356 million additional shares through a retail entitlement offer. Syrah said the shares represented entitlements that were not taken up by eligible retail shareholders ...

Advisers reprimanded over fee-for-no-service conduct

MATTHEW WAI  |  WEDNESDAY, 22 APR 2026
... complaint to the adviser's licensee. As a result, the panel said the relevant provider contravened s921E(3) of the Corporations Act 2001, and the Code of Ethics 's values of trustworthiness and diligence and breached Standards 2 and 7. In a separate ...