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Showing 201 - 210 of 4925 results for "MIS"

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
Macquarie Securities (Australia) Limited (MSAL), the broking arm of Macquarie Group, has admitted to misreporting millions of short sales over several years and has agreed with ASIC to pay a $35 million fine. MSAL has admitted it failed to correctly ...

Most read in 2025: Financial advice

STAFF WRITER  |  FRIDAY, 19 DEC 2025
There was no shortage of news impacting the financial advice community this year, with advisers bearing the brunt of negative sentiment in the wake of First Guardian and Shield collapses. But there were some bright spots throughout the year, including ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

Super tax receipts to increase by $10.9bn

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
The superannuation sector is expected to get a bigger tax bill with super tax receipts expected to increase by $10.9 billion over forward estimates, Treasurer Jim Chalmers revealed in the mid-year economic and fiscal outlook (MYEFO). "Superannuation ...

Mark Delaney to step down from AustralianSuper

JAMIE WILLIAMSON  |  TUESDAY, 16 DEC 2025
Mark Delaney is stepping down as chief investment officer and deputy chief executive after 25 years at the fund. Delaney is set to leave the fund on 30 June 2026. Until then, the nation's largest super fund will conduct a global search for his replacement. ...

BlackRock loses $8.9bn pension fund mandate

MATT TOLEDO  |  TUESDAY, 16 DEC 2025
PME Pensioenfonds, a Dutch pension fund with $105 billion in assets, has terminated an $8.9 billion equity mandate with BlackRock due to the manager's misalignment with the fund's environmental, social and governance framework. According to a release ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
ASIC has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets. The updated Regulatory Guide 181 AFS Licensing ...

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and the Scams Policy Template, are now available and ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
The warning by JPMorgan Chase chief executive Jamie Dimon about the possibility of there being more "cockroaches" in the US private credit market has sparked a flurry of debate about risks in the market at a time when its potential is being assessed ...