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Showing 261 - 270 of 5204 results for "2015-16 ASIC"

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
Praemium has calculated the impact of its exposure to the First Guardian collapse, reducing its total funds under administration (FUA) by close to $300 million. Praemium reduced its FUA by $286 million in relation to First Guardian holdings in the September ...

ASIC issues interim stop orders to TruePillars

RIDDHIMA TALWANI  |  TUESDAY, 21 OCT 2025
ASIC has told private credit manager TruePillars to halt distribution of its product disclosure statements (PDSs) for two offerings. The interim orders prevent the fund from offering, issuing, selling or transferring interests in the Pooled Unit and ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
The independent review of the Life Insurance Code of Practice (Life Code) has released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
... trustees who are meeting baseline expectations and those who have embraced retirement as a strategic and competitive imperative. ASIC, this week, also slammed superannuation trustees for poor retirement communications practices, finding that many funds ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... manager Robert Oayda were involved in contraventions of conflicted remuneration laws between November 2017 and October 2018. ASIC alleged that they were involved in prioritising driving insurance sales rather than customer needs. ASIC also claimed that ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
Stopping short of calling it vertically integrated, ASIC warns it aims to uncover any conflicts of interests in the managed accounts sector particularly as more AFSLs build in-house products. ASIC commissioner Alan Kirkland said the managed accounts ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... December 2022 both Netting and Eastwood were charged with dishonesty offences. Both pleaded not guilty in February 2024. ASIC alleged Eastwood dishonestly used his position in the procurement of a firm, Cosight, to provide services to Statewide. For ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... account, the Australian superannuation system has evolved to safeguard members, and those safeguards must be fully utilised." ASIC has its sights set on the trustees involved, having launched proceedings against Equity Trustees over its alleged due diligence ...

Can IPOs ever recover? Experts aren't sure

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
Despite ASIC and the ASX having displayed a "good regulatory mindset" in revitalising the listed environment, opportunities from the private markets continue to drag initial public offerings' (IPOs) down. In a panel at the Citi Investment Conference ...

BlackRock looks to add Bitcoin ETF to local suite

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
BlackRock is gearing up to list a Bitcoin ETF for Australian investors, according to ASIC filings. Last month, a new managed investment scheme titled 'iShares Bitcoin ETF' appeared on the ASIC Register, followed by the registration of a 'Trustee ...