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Showing 1 - 10 of 282 results for "Managed Investment Schemes"

FAAA urges insolvency crackdown to curb soaring CSLR costs

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
... advocacy and standards Phill Anderson said much of the increase had been driven by the collapse of managed investment schemes linked to Dixon Advisory, Shield and First Guardian. "Insolvency should not be an easy solution for those who have caused detriment ...

ASIC consolidates compliance rules for platforms

RIDDHIMA TALWANI  |  WEDNESDAY, 8 JUL 2026
... 2023/669. ASIC Instrument 2023/668 provided relief to responsible entities of IDPS-like schemes from managed investment schemes, fundraising, financial reporting, and disclosure requirements under the Corporations Act. ASIC Instrument 2023/669 provided ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... days unless revoked earlier, ASIC said. These stop orders arose from ASIC's risk-based surveillance of managed investment schemes, as the market watchdog has recently ramped up its scrutiny on private credit, focused on "poor private credit practices ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... 3500 complaints submitted to the Australian Financial Complaints Authority (AFCA) in relation to the managed investment schemes. In total, the CSLR has processed 1567 claims, up from 912 in the initial levy estimate, it said. As a result, the personal ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... parts of the value chain also play important roles, including advice licensees, responsible entities of managed investment schemes, research houses, and the regulators who monitor the sector and approve financial services licenses and approve the registration ...

Accounting sector rejects shifting CSLR costs to SMSFs

VINNY VUCAGO  |  THURSDAY, 11 JUN 2026
... Treasury's focus on SMSF members and retail clients as potential solutions to the funding challenge, arguing managed investment schemes have been largely overlooked despite their role in generating claims. The bodies said the CSLR's sustainability depended ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
... Australians with SMSFs a choice to opt in or opt out that no-one else gets," Schubert said. SMC called for managed investment schemes to be included in the funding base, compensation payments to be limited to actual losses, and stronger consumer protection ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... Burgess says reform is needed for greater accountability around the distribution and production of managed investment schemes (MISs), instead of forcing a levy towards self-managed super fund investors. Burgess attended a roundtable hosted by minister ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... and not-for-profit models." Equity Trustees said it strongly supports proposals by Treasury to reform managed investment schemes (MISs) and their responsible entities (REs), as well as the regulation of lead generators. It said the most critical point ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... Securities and Investments Commission (ASIC) has moved to extend relief measures applying to a range of managed investment schemes, proposing to remake six legislative instruments due to expire later this year. Under the proposal, the instruments will ...
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