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Showing 11 - 20 of 958 results for "Superannuation Trustees"

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI  |  FRIDAY, 21 AUG 2026
... consultation as part of minster for financial services Daniel Mulino's reform package unveiled this week. "Superannuation trustees are a critical safeguard for Australians' retirement savings and must undertake rigorous due diligence before making investment ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... navigating retirement without facing prohibitive advice costs. Mulino will also legislate an obligation for superannuation trustees to implement and enforce advice fee deduction caps for members. He acknowledged concerns raised by regulators about poor ...

Mulino unveils sweeping reforms to cold calling, MISs

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... another Shield and First Guardian disaster. Mulino proposed a new framework empowering ASIC to direct superannuation trustees to commence remediation where an investment option fails and there is "reasonable suspicion" that a trustee has breached its ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... best financial interests of superannuation fund members," APRA chair John Lonsdale said. "APRA expects superannuation trustees to ensure remuneration decisions reinforce accountability and appropriately reflect risk and performance outcomes, particularly ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
APRA has inserted geopolitical risks into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... that have acquired leads, including Lunaris Wealth, Solara Wealth and Wise Investments Direct. ASIC said superannuation trustees should review the warning signs identified in its report against their own data to help detect potentially harmful switching ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... unnecessary distress." "Grieving Australians should not have to suffer further stress because of the failure of superannuation trustees to approach claims in a timely, clear, and respectful manner," Constant said. "Trustees have not put in place meaningful ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
APRA has intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... First Guardian classes as investment options based on the information it had available," Court said. "Superannuation trustees play a critical role helping their members save for retirement, but we allege Equity Trustees failed to put the interests of ...