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Showing 281 - 290 of 6922 results for "Act 1993"

ASIC to monitor union redundancy funds

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
Following a consultation process that was launched in June, ASIC has outlined its approach to the regulation of employee redundancy funds under the Corporations Act 2001 (Corporations Act), once the current relief expires on 1 April 2026. Operators ...

Inflation hits 3.8% in October

KARREN VERGARA  |  WEDNESDAY, 26 NOV 2025
Inflation rose 3.8% in the year to October, according to the Australian Bureau of Statistics (ABS), beating market expectations of 3.6%. The largest contributors to annual inflation were housing (+5.9%), clothing and footwear (5.4%), education (5.4%) ...

Super funds lagging RIC obligations: Pulse Check

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
ASIC and APRA have released the findings of the 2025 Pulse Check on retirement income covenant (RIC) implementation, painting a fairly dire picture of how super funds are understanding and meeting member needs. While the regulators said some improvements ...

Sequoia shares dive nearly 50%

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
Sequoia Financial Group's share price has dived nearly 50% since the start of the year, compounded by ASIC's recent lawsuit against subsidiary InterPrac Financial Planning, which has wiped millions from its market cap. Sequoia's share price ...

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
Directors of Sheffield Insurance Pty Ltd (trading by the name of Sheffield Insurance Services), Phillip Bird and Daniel Holmes, have been convicted of two offences and fined $15,000 over failure to lodge financial statements and auditors' reports with ...

PE activity to continue momentum in 2026: Corrs

RIDDHIMA TALWANI  |  FRIDAY, 21 NOV 2025
Private equity activity will continue gaining momentum in the next year, according to the 2026 outlook by Corrs Chambers Westgarth. Corrs expects continued appetite for growth in technology, business services and financial services, and growing interest ...

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
Although financial advice is not part of the group that will fall under the upcoming anti-money laundering/counter-terrorism financing (AML/CTF) reform, an expert told the Financial Advice Association Australia (FAAA) Congress advisers may be caught ...

Hostplus snares LGT Wealth deputy CIO

ELIZABETH FRY  |  THURSDAY, 20 NOV 2025
The deputy chief investment officer of LGT Wealth Management has joined the investments team at Hostplus, the $140 billion superannuation fund. Kevin Wan Lum has taken up the post of executive manager of investment research - a critical role given that ...

Talent crunch lifts base salaries for advisers: Kaizen

RIDDHIMA TALWANI  |  THURSDAY, 20 NOV 2025
The shortage of financial advisers is seeing firms increasingly raise base salaries by as much as $50,000, according to a report by Kaizen Recruitment. The recruitment firm's latest wealth management salary guide found it comes as superannuation funds ...

Why risk advice is on the verge of collapse: Experts

MATTHEW WAI  |  WEDNESDAY, 19 NOV 2025
The challenges around risk advice have forced many advisers to abandon the sector. With greater complexity and a dwindling number of specialists, experts fear the risk market may cease to exist, the FAAA Congress 2025 has heard. There are currently ...