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Showing 241 - 250 of 2421 results for "Aware"

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
... advice to retail clients while unregistered. Both licensees immediately registered the advisers in question after becoming aware they were not, ASIC noted. The regulator also noted that the court could impose a fine of $62,600 for each offence, and said ...

MySuper delivers 10.3% in FY25

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
... 10.3% p.a. and Vanguard Super achieved one of the highest returns at 13.5% p.a. HESTA returned 10.2% p.a. to members, while Aware Super delivered 11.9% p.a. for its Future Saver High Growth option for under 55s. Stragglers include AustralianSuper's ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... jumped to CWS Finance, which is under Interprac Financial Planning, between July 2023 and January 2024. ASIC said it was aware authorised representatives from Interprac Financial and Next Generation Advice recommended clients move their money to Shield. ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... responsible manager. ASIC believes Moore is not adequately trained or competent as he failed to notify ASIC despite becoming aware of the fees for no service, and delayed reporting the conduct to ASIC until at least six months after it was first identified. ...

AustralianSuper's MySuper option returns 9.5%

KARREN VERGARA  |  MONDAY, 7 JUL 2025
... pleasing". For their default options, Australian Retirement Trust (ART) made 11.2% p.a. while HESTA returned 10.2% p.a. Aware Super delivered a return of 11.9% p.a. and Vanguard Super's default MySuper Lifecycle product made 13.5% p.a. During the ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... and April 2024. Shine Lawyers is encouraging affected members to register their interest, adding that many may not even be aware that their superannuation savings were eroded due to excessive insurance fees. "This class action is about seeking justice ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... service conduct in relation to 14 clients. While she was on leave for much of this period, ASIC also alleged that Roper was aware of the fact fees were being charged despite no services being provided, and that she failed to report it immediately to ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
Aware Super has sold its stake in ProTen to KKR for an undisclosed amount. Established in 2001, ProTen develops, owns, and operates farm infrastructure for Australia's poultry supply chain. The company manages poultry infrastructure including more than ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... what we do to protect financial stability and to improve risk management in their organisations," he said. "We are also aware of the need for us to strike the right balance between financial safety and not unnecessarily burdening industry in a way that ...