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Showing 1 - 10 of 23007 results for "super"

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... $380,000 of her retirement savings when she invested it in First Guardian, prompted by the now-defunct lead generator Aus Super Compare. For Kee's portion, Justice Beach's order compelled InterPrac to pay $368,903.11 and legal costs of $3500 ...

Trustees, platforms, cyber risk under APRA spotlight

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator. APRA laid out its priorities in its newly published 2026-27 Corporate Plan, firing warning shots at trustees ...

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI  |  FRIDAY, 21 AUG 2026
... indicators to monitor potential harm," Constant warned. She went a step further to draw parallels between the issues at ASX and super trustees. "Both have had failings that have impacted the public's confidence in their ability to provide critical services," ...

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI  |  FRIDAY, 21 AUG 2026
... The First Guardian Diversified Class and Growth Class were made available to adviser-led members through Netwealth's Super Accelerator Plus product from March 2021, ASIC noted and were closed to new investments in December 2022. Between March 2021 ...

Zurich completes ClearView takeover

VINNY VUCAGO  |  FRIDAY, 21 AUG 2026
Zurich Financial Services Australia has completed its acquisition of ClearView Wealth, with the insurer now the registered holder of all ClearView shares. The scheme of arrangement was approved by ClearView shareholders on 27 July 2026 and by the Supreme ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ...

HESTA appoints new heads of risk and finance

ELIZA BAVIN  |  THURSDAY, 20 AUG 2026
... HESTA said. The role reports directly to chief financial officer Natalie Kelly. O'Sullivan will join HESTA from Rest Super, where he has served as chief financial officer since January 2024, leading the fund's financial reporting, regulatory ...

APRA targets platform trustees, welcomes stronger powers

KARREN VERGARA  |  THURSDAY, 20 AUG 2026
... meet their obligations under the proposed compensation scheme. This is in lockstep with Mulino empowering ASIC to direct super trustees to commence remediation where an investment option fails and there is "reasonable suspicion" a trustee has breached ...

Australians struggle to navigate super and age pension divide

VINNY VUCAGO  |  WEDNESDAY, 19 AUG 2026
... were unsure the steps they needed to take to prepare for life after work, while 61% supported greater integration between super funds and Centrelink to simplify access to the Age Pension. The findings come as 2.7 million Australians ages 65 and over ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
Assistant treasurer Daniel Mulino will forge ahead with the New Class of Advisers (NCAs) as part of highly anticipated Delivering Better Financial Outcomes (DBFO) reforms and laid out a blueprint of how the Compensation Scheme of Last Resort (CSLR) ...
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