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Showing 221 - 230 of 18680 results for "Act"

APRA imposes additional licence conditions on Fiducian

RIDDHIMA TALWANI  |  WEDNESDAY, 1 APR 2026
APRA has imposed additional licence conditions on Fiducian over concerns the super trustee failed to ensure proper oversight of the investment options made available to members on its platform. The step by the regulator follows a thematic review of ...

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... liable to mislead the public as to the nature and/or the characteristics of financial services" thus contravening the ASIC Act, Fiducian said in a statement. FIMS, as the responsible entity (RE) of the DSAF, also contravened section 601FC(1)(b) of the ...

Australians lose $13.5bn by delaying retirement switch: HESTA

RIDDHIMA TALWANI  |  TUESDAY, 31 MAR 2026
Australians missed out on up to $13.5 billion in tax-free investment returns between 2017 and 2025 by not transitioning their super to the retirement phase when they became eligible, HESTA said. HESTA's latest whitepaper Make the move: guiding members ...

Hostplus weighs digital asset exposure for members

RIDDHIMA TALWANI  |  TUESDAY, 31 MAR 2026
... cryptocurrency, and that interest is an important factor in our ongoing exploration of this option." "As your super fund, our job is to act in your best financial interests, which means thoroughly assessing any new asset class before deciding whether ...

Another former Venture Egg adviser slapped with four-year ban

MATTHEW WAI  |  TUESDAY, 31 MAR 2026
A Victorian financial adviser, who was supervised by Ferras Merhi of United Financial Advice and Ferras Merhi Pty Ltd (Venture Egg), has been banned for four years over inappropriate advice and deceptive conduct, including impersonating other advisers. ...

Legalsuper chief to take top job at Equip

JAMIE WILLIAMSON  |  MONDAY, 30 MAR 2026
... taking over on July 1. Last week, Financial Standard reported Marc Pizzichetta, Equip's chief financial officer, will act in the role until Symons' arrival. Symons has served as chief executive at legalsuper for three years, having joined in ...

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
... former chief legal and risk officer Paula Martin breached their duties owed to Star under section 180 of the Corporations Act 2001. However, the court dismissed ASIC's case against seven former non-executive directors after finding they did not breach ...

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
... duplicate accounts," Treasury explained in the exposure draft explanatory statement. "These amendments made to the Corporations Act and to the Corporations Regulations will help empower employees to make better-informed choices by making it easier to ...

Morningstar names most compelling funds

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
In its inaugural Best of Breed - Australia and New Zealand report, Morningstar has named which active funds provide Australian investors with the best long-term potential. The report selected six equity strategies, five Australian and one from New Zealand ...

Blue Owl says its private credit loan books remain healthy

RIDDHIMA TALWANI  |  FRIDAY, 27 MAR 2026
US alternative asset manager Blue Owl Capital, with over US$307 billion in assets under management, is not seeing any increase in defaults in its loans amid rising concerns over the health of the country's private credit sector. Speaking at the Asia ...