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| | | ASIC has warned investors against dealing with Yepbit and Yepbit Exchange after receiving reports customers have been unable to withdraw funds from the purported digital assets and futures trading platform. Yepbit claims to operate globally, including ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) said Australia's Compensation Scheme of Last Resort (CSLR) is the only scheme of its kind worldwide funded from the retirement savings of people who cannot claim from it, and that needs to ... |
| | | | Financial advice practices are serving more clients, charging higher fees and reporting record levels of satisfaction with their licensees, despite the weight of compliance, according to CoreData. The average number of clients per practice has increased ... |
| | | | ASIC has delivered 150 administrative enforcement outcomes in 2025-26, including the removal or restriction of 87 individuals and businesses from providing financial services as the regulator intensifies action against misconduct across the financial ... |
| | | | For much of Australia's compulsory superannuation era, investing for retirement has been built on a quiet understanding: contribute consistently, trust professional fund managers and allow time to do the work. For a growing number of younger Australians ... |
| | | | Former Berndale Capital Securities director Stavro D'Amore has been sentenced to almost four years' imprisonment after admitting to dishonestly misusing nearly $700,000 of company funds and authorising false statements to ASIC. The Federal Court sentence ... |
| | | | The Super Members Council (SMC) has raised questions on the research methodology of the recently published Superannuation Call Centre Experience Report by Super Consumers Australia (SCA). The data within the report was based on 1000 customer telephone ... |
| | | | Treasury has launched part two of the negative gearing and capital gains tax (CGT) reforms, hoping to clarify some more of the "complex issues" that apply to a range of specific circumstances and structures. Among the key measures, the government has ... |
| | | | Despite heightened expenses of $95.3 million in FY26, reflected by losses from its principal investments, Pinnacle Investment Management (ASX: PNI) saw its net profit after tax (NPAT) surge to over $30 million, with affiliates' funds under management ... |
| | | | The $430 billion superannuation fund is increasing its administration fees for the first time since 2022. From October 31, the administration fee for accumulation members will increase from 0.10% to 0.12% per year. For balances of up to $50,000, for ... |
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