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Showing 11 - 20 of 5953 results for "March 2009"

Tribunal affirms InterPrac, FSGA adviser bans

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
The Administrative Review Tribunal has affirmed ASIC's decisions to ban two former financial advisers from InterPrac Financial Planning and Financial Services Group Australia (FSGA) who were involved in the Shield and First Guardian master funds ...

ASIC zeroes in on recurring compliance breaches

VINNY VUCAGO  |  THURSDAY, 10 SEP 2026
ASIC has warned financial advice licensees to address lapses in reference checking, professional indemnity insurance and superannuation advice practices in an update released this week. The regulator has recently released new guidance for professional ...

Court orders ASIC to preserve assets from doomed trust

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
The New South Wales Supreme Court has ordered ASIC to protect assets in the Deckchair Trust after an associated member sought to take sole control of the trust following winding-up orders. NSW accountant and former solicitor Christopher Edwards purportedly ...

Three super funds fined for misleading investment options

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
Three industry superannuation funds - Australian Retirement Trust (ART), TelstraSuper and Australian Food Super - have been pinged by ASIC for misleading members about their investment options' asset allocation and performance objectives. Each super ...

Allan Gray Australia strengthens retail distribution

STAFF WRITER  |  THURSDAY, 3 SEP 2026
Allan Gray Australia bolsters its retail presence in NSW and South Australia with a recent appointment. The highly respected fund manager, known for its conviction investing approach, has appointed Matthew Roberts, formerly at Centuria Capital Group ...

Invesco APAC head to retire

VINNY VUCAGO  |  TUESDAY, 1 SEP 2026
Invesco Asia Pacific chief Andrew Lo will retire from the global asset manager next March after 32 years with the firm, closing out more than three decades spent building its presence and partnerships across the region. Marty Franc will succeed Lo as ...

AFCA consults on rule changes under upcoming scam framework

MATTHEW WAI  |  TUESDAY, 1 SEP 2026
The Australian Financial Complaints Authority (AFCA) is seeking feedback on proposed changes to consider scam-related complaints under the Scam Prevention Framework (SPF) that will come into effect early next year. The government passed the Scams Prevention ...

Kaplan winds up pooled super trust

KARREN VERGARA  |  MONDAY, 31 AUG 2026
Kaplan Funds Management has shuttered its $12.6 million Kaplan Pooled Superannuation Trust (PST) amid merger pressure from prudential regulator APRA. As trustee, Diversa Trustees told investors the move reflects the rising costs and compliance obligations ...

VanEck cuts fees on gold ETF

ELIZA BAVIN  |  MONDAY, 24 AUG 2026
VanEck announced it is reducing the management fee for its Gold Bullion ETF (ASX: NUGG) to 0.14% per annum, effective 1 September 2026. VanEck chief executive and managing director, Asia Pacific, Arian Neiron said NUGG will be the most-effective way ...

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI  |  FRIDAY, 21 AUG 2026
The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. ASIC commenced proceedings against Netwealth after accepting a court enforceable ...