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Showing 191 - 200 of 18673 results for "ACT"

ASIC hands down 10-year adviser ban

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
... performing any function involved in the carrying on of a financial services business, under ss920A and 920B of the Corporations Act 2001, for a period of 10 years. ASIC found Godfrey failed to comply with financial services laws; was involved in the ...

Former Venture Egg adviser permanently banned

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2026
A financial adviser who allowed others to provide Statements of Advice (SOAs) in his name and was actively involved in the dodgy referral processes that led to significant client losses due to the Shield and First Guardian collapses is now banned. Aristotle ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... compensation to victims when they fail to protect their members from harm." O'Halloran added consumers expect trustees to act as gatekeepers and creating incentives for them to do their job will support a safer system. In the CSLR reforms, Treasury proposes ...

Div 296 requires fixing before finalisation: Industry

MATTHEW WAI  |  THURSDAY, 9 APR 2026
Industry bodies have raised concerns over the drafted Division 296 regulations, warning the current design could create unnecessary complexity, higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed ...

FEATURE: Global equities | Triaging tech's second act

RIDDHIMA TALWANI  |  WEDNESDAY, 8 APR 2026
"I think the odds are on our side." That was the message from Anthropic chief executive Dario Amodei at the World Economic Forum in Davos, as the race for global dominance in artificial intelligence (AI) gains historic pace. Anthropic is building the ...

Sale of Interprac raises eyebrows at ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 8 APR 2026
ASIC wants the Federal Court to appoint a receiver to investigate the fire sale of Interprac Financial Planning to Conquest Investment Partners, saying it has concerns over what it may mean for the advice group's creditors. The regulator has applied ...

VFMC names head of portfolio strategy

RIDDHIMA TALWANI  |  WEDNESDAY, 8 APR 2026
Victorian Funds Management Corporation (VFMC) has appointed KC Low as its head of portfolio strategy and asset allocation on a permanent basis. KC took over the role for an interim term in July last year following the departure of VFMC's head of ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... comply with the additional regulatory obligations under the licensing regime. Anit-hawking prohibitions in the Corporations Act aim to protect consumers from uninvited real-time contact. Treasury is now considering a broad-based ban on non-consumer initiated ...

Australian Ethical launches climate-focused private markets fund

MATTHEW WAI  |  WEDNESDAY, 8 APR 2026
Australian Ethical has launched a new fund for wholesale investors to access institutional grade private markets investments, with a cornerstone commitment of up to $125 million from the Clean Energy Finance Corporation (CEFC). CEFC's commitment to ...

Viridian targets double-digit growth

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2026
Viridian Financial chief executive Raamy Shahien told Financial Standard he is focused on continuing to grow the business through hires and more mergers and acquisitions (M&A), targeting a double-digit growth rate. "We've always been clear that ...