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Showing 161 - 170 of 4120 results for "Conduct"

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 ...

ASIC bans another former Lighthouse Partners director

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
... and financial adviser Timothy Archibald from providing financial services for 10 years, for fees for no service (FFNS) conduct. This comes after the regulator also banned Lighthouse director, shareholder and adviser Kiriley Roper for a period of 10 years ...

Full automation key for business success, but not investments

MATTHEW WAI  |  WEDNESDAY, 8 OCT 2025
... disclosures in their financial plans or advice documents to flag any inconsistencies, automate compliance monitoring, conduct anti-money laundering checks, track adviser licensing, and more. "Among AdviceTech Stars, usage rose from 30% in 2024 to 42% ...

AWAG to snap up 20% stake in First Mutual

RIDDHIMA TALWANI  |  TUESDAY, 7 OCT 2025
ASX-listed Australian Wealth Advisors Group (AWAG) will acquire a 20% stake in licensee First Mutual, in a bid to expand its AFSL and licensing services. The investment is on a cash basis and First Mutual will retain its autonomy and ownership structure ...

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
... Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance (ESG) fund. ASIC is alleging Fiducian failed to act with care and diligence ...