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Showing 211 - 220 of 12370 results for "May"

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... ASIC believed that Block Earner should pay a penalty of as much as $350,000 and escalated the matter to the High Court last May. In response to the judgement, Block Earner co-founder and chief executive Charlie Karaboga acknowledged the decision and ...

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... resulting in significant disruption for clients and considerable distress for family members, as the value of the business may be materially diminished," the report read. Interestingly, preparedness appears to improve with scale and revenue. Advice firms ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and insurers, APRA defined geopolitical risks ...

ASIC puts private credit on notice ahead of EOFY

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
... lift practices in line with its published principles. ASIC recently also conducted a survey into the sector from March 26 to May 14, collecting responses from 22 managers covering 52 funds and around $76 billion in assets under management. While it noted ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... additional entities involved in superannuation lead generation activities as part of an ongoing review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately. The regulator updated a list first published ...

Mercer reviews small caps, Aussie equities mandates

KARREN VERGARA  |  WEDNESDAY, 17 JUN 2026
... Investments, Greencape Capital, Plato Investment Management, Vinva Investment Management and WaveStone Capital. Effective May 28, Mercer trimmed the lineup to Ausbil, Greencape, Pendal, Plato and First Sentier Group's quantitative equities arm RQI ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... Economy Council of Australia's (DECA) submission suggested to widen its no-action period. "It was raised with us that others may wish to bring themselves into the regime by becoming a corporate authorised representative.... we're going to reissue ...

RBA on hold, rate cuts expected

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2026
... risks were still present. There was also a focus on a plausible scenario where inflation is higher and activity lower than the May forecasts, largely dependent on the path of the Middle East conflict from here," Allen said. "At this stage we expect the ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... advertising," he said. More than 6500 AFS licensees have been invited to submit their website details since the initiative launched in May, with ASIC aiming to add the majority of licensee websites to the register in coming months. Kirkland said ASIC ...

HESTA launches campaign around super tax benefits

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... super tax benefits ahead of the end of the financial year. According to HESTA's research, based on a survey of 437 members in May 2026, more than half (58%) are not planning to take advantage of any super tax benefits before June 30, with many not clear ...