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Showing 411 - 420 of 5204 results for "2015-16 ASIC"

Small industry super funds beat giants on trust, service, value

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
Small industry super funds lead on trust, service, and value for money, according to CoreData's annual member engagement survey. CoreData research consultant Alana Devitt told Financial Standard that members' trust in small industry funds is built through ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
The Financial Advice Association Australia (FAAA) and four other professional bodies are urging the Australian Financial Complaints Authority (AFCA) to name and shame financial firms that fail to follow through on a determination as more than 60 have ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC is investigating Queensland financial services firm Australian Fiduciaries, which has $160 million of investor money, and seeks asset preservation orders and the appointment of receivers. ASIC believes that about 600 retail investors have invested ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has launched another inquiry into the ASX, this time focusing on its overall governance, capability, risk management frameworks and practices. The inquiry will be led by a panel that will make recommendations to address any identified shortcomings ...

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
ASIC chair Joe Longo has hailed the superannuation industry's $4.1 trillion war chest, which is larger than the ASX's total market capitalisation, as an impressive achievement. But for all its size and influence, Longo reinforced at the AmCham Regulator ...

$15m crypto scam costs former adviser 10 years

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... Centre purports to be a UK-based trading platform - one that Rogan should have been suspicious of since at least October 2022, ASIC said. It is now listed on ASIC's Investor Alert List, having been added in February 2024. During this time, Rogan was ...

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... advice from online sources such as social media, including finfluencers. Since it began cracking down on finfluencers in 2022, ASIC said it has seen a significant drop in the number of social media posts spruiking financial products and services by unauthorised ...

Aussies feeling FOMO on private markets: Survey

MATTHEW WAI  |  THURSDAY, 12 JUN 2025
Investors are afraid of missing out on opportunities in private markets, but many are hesitant about the asset class for one reason. Natixis Investment Managers' survey of over 7000 investors around the world found that a third (32%) of Australian ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... more. They all face a maximum penalty for the conspiracy offence of 15 years' imprisonment and a fine of over $1 million. ASIC alleges the four individuals formed a private group on Telegram to discuss and select penny stocks that they would then share ...