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Showing 21 - 30 of 1605 results for "Investigation"

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... Court's process," said Singh in an update, noting FIMS as responsible entity has fully cooperated with ASIC's investigation to date. "The company will keep the market informed of progress of the proceedings in accordance with its disclosure requirements. ...

ASIC imposes licence conditions on Cambridge Mercantile

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
... systems, record keeping and monitoring procedures for the classification of its retail and wholesale clients. The investigation also found that Cambridge did not promptly remediate affected clients for amounts that are projected to total millions of ...

Another MWL Financial Services adviser banned

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
... Services (MWL) adviser Neil McPherson for giving advice to certain clients that was not in their best interests. An investigation found that during his tenure with MWL, McPherson recommended some clients invest most of their superannuation into the Shield ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
The Treasurer has appointed a new chair to replace Joe Longo who will serve a period of five years starting on June 1. Sarah Court has been promoted to the top role after serving as deputy chair. Treasurer Jim Chlamer said the Albanese Government will ...

Clime chair assumes investment role

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... million. Clime also shuttered its Australian Income Fund, which at the end of October 2025 was under a preliminary ASIC investigation. Baragwanath said the "company experienced material adverse impacts arising from ASIC attributed statements embedded ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
... between 5 October 2021 and 5 October 2023. Australian Unity in response said: "AUFM co-operated with ASIC in its investigation, and AUFM agreed that it contravened s 994E(3) of the Corporations Act when it failed to take reasonable steps to ensure that ...

Aussie Olympian's brother pleads guilty for role in global scam

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... 10 February 2026 for mention to obtain a sentencing date. The matter is being prosecuted by the CDPP following an investigation and referral from ASIC.

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... detected Forrest's suspicious trading activity in September 2024. ASIC's insider trading team launched an investigation, which led to a search warrant being executed on Forrest's home in November 2024 and charges being laid in August 2025. ...

Magellan records drop in assets under management

ANGELIQUE MINAS  |  WEDNESDAY, 7 JAN 2026
... Management to MFF Capital Investments, while head of global equities Arvid Streimann exited Magellan Financial Group amid investigation following allegations that he was involved with a junior employee. Furthermore, in mid-August of last year, the company ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
... have been applied to other purposes when they were purportedly held in a term deposit account. After a month of investigation, Dubber alleged its then chief executive and the third-party trustee were likely involved in the unauthorised use of those funds. ...