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Showing 421 - 430 of 8706 results for "Regulator"

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

MATTHEW WAI  |  FRIDAY, 24 OCT 2025
The fall of the Shield Master Fund and First Guardian Master Fund calls for tougher scrutiny of research houses and licensees to strengthen their governance framework, according to experts, who warn that an entrenched system requires an urgent shakeup. ...

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
... address regulatory overlap. But APRA also heard caution around the potential impact of some proposals," APRA said. The regulator said it carefully considered the feedback and has written to the industry advising it will modify three of the original proposals ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... disturbing question: do they know the processes at all? ASIC commissioner Simone Constant told Financial Standard the regulator will continue to apply pressure on the sector to ensure that all funds - no matter how big or small - are meeting their obligations ...

ASIC bans adviser attached to UGC, MWL

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... business or performing any function involved in the carrying on of a financial services business for seven years. The regulator said Videkanic gave inappropriate advice to certain clients which was not in their best interests between July 2020 and February ...

Complaints still too high: AFCA annual review

ANGELIQUE MINAS  |  THURSDAY, 23 OCT 2025
The Australian Financial Complaints Authority's (AFCA) annual review shows that in FY25, and for the second consecutive year, more than 100,000 complaints were lodged. In investments and advice, large scale collapses in the financial advice industry ...

Equip Super searches for new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 OCT 2025
The industry super fund is on the lookout for a new chief executive following the resignation of Scott Cameron. Cameron has led Equip Super for six years, taking over when Equip entered a joint venture with Catholic Super to operate under the Togethr ...

Insignia Financial posts strong quarter

MATTHEW WAI  |  THURSDAY, 23 OCT 2025
Insignia Financial delivered a strong first quarter for FY26, with funds under management and administration now exceeding $340 billion. Over the period, the business saw total net inflows of $1.0 billion, driven by $1.3 billion of net inflows into ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... of the scale of delays but did not report the issue to ASIC in a timely manner and, when it did, allegedly misled the regulator as to whether the issue was ongoing. Also in November 2024, AustralianSuper paid $4.2 million in remediation to about 7000 ...

Adviser banned after $11.3m loss

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... involvement in the Noon Investment Fund and the Quant Fund, after a ruling by Administrative Review Tribunal (ART) allowed the regulator to make the ban public. ASIC said Northcott used algorithms to conduct foreign exchange trading with investors' money. ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
ASIC has banned Wade Spooner of Melbourne for eight years for advising his clients to invest their superannuation into the Shield Master Fund while he was an authorised representative of MWL Financial Services. Spooner, also a member of MWL's investment ...