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Showing 21 - 30 of 3445 results for "Update"

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... the incidents "had the potential to have a detrimental effect on members." The matters included the super fund failing to update some member accounts leading to higher fees and less favourable insurance arrangements, charging insurance premiums after ...

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 ...

ASX to focus on pattern of problematic behaviour in listed entities

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
ASX has told listed companies it intends to focus on repeated conduct to ramp up a company's share price through inappropriate use of the market announcements platform. In its Listed Entity Supervision Report 2026, ASX noted over the last 18 to 24 months ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
Generation Life has provided an update regarding a cyber incident that took place in April, confirming information of a "limited number" of individuals has been impacted. The business suffered a cyber incident that involved an unauthorised third-party ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... ASIC's proceedings for its involvement in First Guardian. Praemium said it will "will review the claim and take advice and update the market in due course." Diversa Trustees has said it will be "vigorously defending" ASIC's allegations, arguing ...

KPMG details action plan to address whistleblower probe

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... members to the Australian board and ensure a balance between KPMG representatives and independents. The firm will review and update the board's role and remit in line with corporate governance best practice. This will include involving independent board ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... made any claims against PAL, Powerwrap or OVWS to date. Praemium said it will "will review the claim and take advice and update the market in due course." APRA imposed additional licence conditions on Diversa in late 2025. APRA said it has concerns relating ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... superannuation clients currently exploring the option available to them to internalise trusteeship," it said. A further update regarding the future of the super trustee services business is expected to be provided prior to the FY26 earnings announcement ...

ASX puts 25% cap on new share issuances during mergers

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
The ASX has put a 25% cap on the amount of new shares large listed companies can issue during mergers without first getting shareholder approval. "This gives shareholders a say before significant dilution. Shareholders are also given flexibility to ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... identified 44 entities linked to lead generation, referral arrangements and advice businesses that acquire leads. The latest update brings the total number of names entities to 63. ASIC stressed that inclusion on the list should not be interpreted as ...