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Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
From cyber breaches to mergers and increased regulatory action, there has been a raft of news surrounding the superannuation sector this year. Minimum standard services for super funds welcomed Treasurer Jim Chalmers and former Assistant Treasurer Stephen ...

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... something goes wrong, Macquarie's approach is to report the issue, engage constructively with regulators, fix the problem and apply learnings from any mistakes across the Group. Macquarie continues to invest in a broad range of programs to further improve ...

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
... fund attributable to an individual member, and report that amount to the Australian Taxation Office. The policy will also apply to members of defined benefit schemes. The tax is imposed directly on the individual but can be paid from their superannuation. ...

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
... of controls, ASFA said. In all, the resources bring together the key legal obligations and prudential expectations that apply to trustees in relation to scams and fraud and are developed in collaboration with legal support from Mills Oakley and Legal ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
... Financial Complaints Authority and maintain professional indemnity insurance cover, ASIC said. MW Planning has the right to apply to the Administrative Review Tribunal for a review. MWL Financial Services had its AFSL cancelled in August, while Tohill ...

APRA consults on CPS 230 amendments

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
... and service level obligations outlined in paragraphs 54, 55, 56(d), 57, 58(a) and 58(c) of CPS 230. This exemption would apply only where the arrangement is with a material service provider included in the new Attachment to CPS 230; and the arrangement ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
... consumers includes ensuring the CSLR is there to support them when they need it," he said. "A special levy of $47.3m will apply for the financial year 2025-26 to fund the increased call on the CSLR this year. This will be applied broadly to reduce the ...

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
... to refresh regulatory guidance in 2026-2027 to consider private credit surveillance findings, reflect current risks and apply clearer guidance for wholesale funds. In the catalogue, the regulator reminds fund operators of their obligations under the ...

Morningstar moves to pay-for-play model

RIDDHIMA TALWANI  |  FRIDAY, 5 DEC 2025
... the model will be applicable to Australia and New Zealand. It also added that its existing methodology will continue to apply across all markets to ensure all ratings are based on the same robust analytical framework. To date, Morningstar has operated ...

First Sentier adds second active ETF

MATTHEW WAI  |  WEDNESDAY, 3 DEC 2025
... companies and traces the S&P/ASX 300 Ex S&P/ASX 20 Index, incurring management fees of 0.75% per annum. Performance fees also apply, with 15% of the fund's outperformance plus a hurdle rate of 0.75% p.a. charged, and a maximum fee of 2.5 times the hurdle ...