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Showing 11 - 20 of 161 results for "ASIC for"

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
... AusPrac Super and YourChoice Super, as sub-plans of OneSuper, are overseen by Diversa Trustees, which is being sued by ASIC for its involvement in the First Guardian and Shield collapses and, more recently, was hit with additional licence conditions ...

ASIC allows more forms to be lodged via email

STAFF WRITER  |  THURSDAY, 4 DEC 2025
... 5131 Application for appointment of scheme auditor by member of a registered scheme 5132 Application for consent from ASIC for resignation or removal of scheme auditor 5133 Notification of resignation, removal or cessation of a registered scheme auditor ...

FX coaching platform handed additional conditions over compliance failures

MATTHEW WAI  |  WEDNESDAY, 26 NOV 2025
... procedures and frameworks to ensure compliance with financial services law and provide two reports on these matters to ASIC for the watchdog to determine if any further action is warranted. "Compliance with the financial reporting and notification obligations ...

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
... been convicted of two offences and fined $15,000 over failure to lodge financial statements and auditors' reports with ASIC for five years. They have each pleaded guilty to two charges of aiding, abetting, counselling or procuring the firm to commit ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... the advice sector is not "the right approach". Meanwhile, shadow minister for financial services Pat Conaghan blasted ASIC for its handling, claiming it was "too slow" out of the gate and should take some responsibility for the scheme. "If there was ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
HESTA has paid $37,560 to comply with two infringement notices issued by ASIC for misleading statements. ASIC alleged the $100 billion super fund made misleading statements in paid advertisements about its commitment to removing carbon emissions investments. ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... served through our network of 50 advisers. Importantly, no clients suffered any financial loss." Rodwell also criticised ASIC for not getting its priorities right. While the regulator aggressively pursued a technical issue against Crown, he said, large-scale ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... communications currently only supported by paper," they said. Despite the settlement, Cbus is still facing litigation from ASIC for claims handling delays which was launched in November 2024. However, it is understood the super fund is engaging with ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... Australians through superannuation and retail investments," Briggs said. Lastly, the Australian Investment Council commended ASIC for the work it has undertaken in reviewing the private credit market and said it welcomed the confirmation that, for the ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster. Where members have not nominated a beneficiary, Cbus said benefit payments will be paid to the surviving current ...