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Showing 391 - 400 of 8706 results for "Regulator"

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... without the client also taking on the additional responsibilities, and in some cases additional costs, of an SMSF." The regulator will also be looking to ensure licensees include SMSF suitability factors and additional SMSF considerations within policies ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
... practice, and that during this period of rapid growth in the sector robust minimum standards are necessary to maintain regulator and consumer confidence in the industry." The FSC said it will continue to engage with ASIC during this process to promote ...

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
Australians do not want their super invested in digital assets, despite some super funds and overseas pension funds dipping their toes in. According to Swyftx's fifth Annual Australian Crypto Survey, based on a survey of some 3009 Australian adults ...

ASIC considers 'cooling off period' for super switching

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... remember, that often involves lead generators and financial advisers." Longo said while there are no silver bullets, the regulator is considering options to slow the process of super switching from the beginning. "I'll call it like a cooling off, it's ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... address data gap." ASIC will also look at the role superannuation funds play in private markets. In the report, the regulator warned trustees of their obligations to members, particularly how they are handling limited transparency and limited price discovery. ...

Feature: Retirement | The right mix

LACHLAN COLQUHOUN  |  WEDNESDAY, 5 NOV 2025
There are many myths about retirement, and one of the most common is that people will run out of money. Even as Australians live longer and many spend up to three decades of their lives retired, the Retirement Income Review (RIR) found the typical retiree ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

Cboe calls time on Australian market

MATTHEW WAI  |  MONDAY, 3 NOV 2025
Cboe Global Markets (Cboe), the parent company of Cboe Australia, is selling the Australian business to sharpen its strategic focus on emerging growth opportunities. Announcing the decision during its Q3 business update, Cboe has initiated the sales ...

APRA to rejig non-traditional service providers framework

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
APRA is proposing changes to superannuation funds' arrangements with non-traditional service providers (NTSPs), which forms part of the newly implemented CPS 230. APRA said the proposed amendments will clarify its expectations for super funds' arrangements ...