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Showing 241 - 250 of 14183 results for "Current"

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... "There is no justification or reasoning to segment the subsector by risk, as this is inconsistent with how it is applied to current leviable subsectors," Burgess said. "It is not credible or fair to consider levying SMSF investors while continuing to ...

Future Fund chief says staff departure not at 'worrying level'

RIDDHIMA TALWANI  |  FRIDAY, 29 MAY 2026
Future Fund chief executive Raphael Arndt said the current turnover running rate of around 6% in the senior investment team has not reached a "worrying level". Arndt was speaking at a Senate Estimates Committee hearing yesterday about the rise in turnover ...

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
APRA hit Equity Trustees' subsidiary and the trustee for the HUB24 Super Fund, HTFS Nominees, with additional licence conditions. The new licence conditions centre on HTFS Nominees' weak, ill-defined and inconsistent investment option selection ...

AFCA puts InterPrac determinations on ice

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
The Australian Financial Complaints Authority (AFCA) is pausing all InterPrac Financial Planning-related determinations as court proceedings instigated by the latter are underway. For people affected, the pause in determinations mean their complaints ...

Sequoia Financial chair resigns

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... from the embattled financial services firm, effective June 16. "Mr Ryan's resignation reflects the expansion of his other current board responsibilities, which impact upon the time available for his continuing role of the Sequoia board in the future," ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... consumer protection and operational resilience. Commonwealth Bank of Australia group executive Stuart Munro described the current pace of technological development as "an exceptional moment in history", pointing to the explosive adoption of generative ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
... superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries Summit 2026, Magill called ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... to expire later this year. Under the proposal, the instruments will be extended for a further five years beyond their current expiry date of 1 October 2026, with ASIC stating the measures continue to form a "necessary and useful" part of the legislative ...

More advisers go self-licensed to avoid associative risks

MATTHEW WAI  |  THURSDAY, 28 MAY 2026
An industry expert said financial advisers are increasingly moving towards a self-licensed model to gain better control of their business, while avoiding the risks of operating under large dealer groups. My Dealer Services (MDS) managing director Alex ...

Inflation eases, experts split on next RBA move

VINNY VUCAGO  |  WEDNESDAY, 27 MAY 2026
... contrast, VanEck head of investments and capital markets, Russel Chesler said the RBA is unlikely to hike rates in June, as current inflation trends and softer unemployment are already factored in, though one more increase later in the year remains possible. ...