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Showing 1 - 10 of 4090 results for "Conduct"

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
Most financial advice practices are ill-prepared to manage the sudden death or permanent disablement of a principal, according to new research, underscoring widespread gaps in succession and contingency planning. Business Health's newly released What ...

ASIC puts private credit on notice ahead of EOFY

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
ASIC has put Australia's private credit sector on notice, calling on funds to ensure their June 30 asset valuations are current, accurate and grounded in realistic assumptions. The regulator expects all participants including boards, auditors, responsible ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... the regulator said. The review forms part of ASIC's broader efforts to address high-risk superannuation switching conduct, particularly where consumers are pressured into changing funds through unsolicited calls, social media advertisements or offers ...

Zenith bolsters research, investment capabilities with new hires

MATTHEW WAI  |  TUESDAY, 16 JUN 2026
Zenith has announced two senior appointments to strengthen its research and portfolio management divisions. Charl Marais joined as senior portfolio manager, while Dan Cave returns to the company in a newly created role of deputy head of income research. ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... the same amount in first-day losses to other client accounts, despite owing a fiduciary duty to all investors. Leech's conduct affected both institutional and retail clients, including those relying on him to manage savings and pension plans. "Investment ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... EuropeFX and $29.4 million against BrightAU Capital, trading as TradeFred. The case centred on systemic unconscionable conduct between 2018 and 2020 that resulted in customers of EuropeFX and TradeFred losing more than $83 million. ASIC chair Sarah Court ...

FCA pursues Neil Woodford again

KARREN VERGARA  |  THURSDAY, 11 JUN 2026
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform. The UK's corporate and financial watchdog ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... services, outlines the legal obligations of not making false or misleading statements or engaging in misleading or deceptive conduct. In the updated version, ASIC added its enforcement and regulatory action relevant to advertising conduct. It also folded ...

Banks gaining on private credit firms in construction lending

RIDDHIMA TALWANI  |  WEDNESDAY, 10 JUN 2026
A recent survey by Stamford Capital found major banks are returning to construction lending compared to 2023 when most banks chose to sit on the sidelines. Throughout March and April 2026, the advisory firm conducted an online survey of 110 lenders ...

Former Brite Advisors responsible manager banned

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
... Review Tribunal. The regulator said the findings reflected concerns about Duffy's ability to meet the standards of conduct expected of individuals operating within Australia's financial services industry.
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