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Showing 371 - 380 of 9048 results for "BES"

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
ASIC has heaped more allegations against former financial adviser Ferras Merhi, claiming he engaged in "unconscionable conduct" related to the First Guardian Master Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said ...

Real estate private credit market tips towards $153bn

MATTHEW WAI  |  MONDAY, 1 SEP 2025
Although it faces headwinds in part of Asia Pacific, the real estate private credit market is performing strongly, with the local market expected to almost double by 2028. According to The Rising Tide of Asia Pacific Real Estate Private Credit report ...

Betashares launches first private credit fund

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
Betashares has launched the first offering from its newly established private capital division, the Betashares Private Capital Cliffwater Private Credit Fund. The unlisted fund provides wholesale investors and financial advisers with cost-effective ...

Trust key to client satisfaction in advice: Report

MATTHEW WAI  |  FRIDAY, 29 AUG 2025
Russell Investments' annual report on the value of financial advice shows ability to trust remains the core expectation when seeking advice. The 2025 Value of an Adviser Report, surveying some 700 Australian investors (advised and unadvised) and nearly ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
The AFSL of MWL Financial Services has been cancelled, while both its director and its compliance manager have copped bans after they allegedly helped funnel more than $150 million in investments into the Shield Master Fund. MWL recommended Shield to ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

ASIC proposes 'kill switches' for unusual trading

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
ASIC is consulting on proposed changes to modernise market integrity rules (MIRs) governing participants' trading systems and automated trading. ASIC said the proposed changes aim to keep pace with continued developments in technology, including artificial ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty has welcomed the Treasurer's review of the superannuation performance test, saying modernising the test will provide the certainty and flexibility funds need ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
A former AustralianSuper executive has joined the Super Members Council (SMC) to strengthen its policy development for the superannuation sector. Nick Coates has commenced in the role of executive general manager policy reform and regulation. He was ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...