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Showing 431 - 440 of 12163 results for "May"

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... approach to materiality". "Superannuation trustees should carefully consider whether sponsorship and advertising expenses may be qualitatively material to members, even when the amounts are not quantitatively material, and therefore should be separately ...

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... register, and he has the right to appeal to the Administrative Review Tribunal for a review. Under the Corporations Act, ASIC may permanently ban a person from providing financial services if they are convicted of fraud.

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... then none of this is really going to matter to the people who are using it," Worn says. It is also assumed that super funds may take the lead on the digital advice front given so many are seizing opportunities to scale advice, namely by partnering with ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
... ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership in May 2025 after entering liquidation and cancellation of its AFS licence. However, many consumers were unable to lodge complaints ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... financial services Daniel Mulino said. "Australians should not be discouraged from undertaking genetic testing out of fear it may impact their ability to get life insurance. "We want to ensure that the legislation delivers on the objectives of the ban ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... scheme's collapse and the desire for a swift solution. ASIC said it also considered the fact a quick, court-based outcome may encourage other super trustees to comply with their obligation in the context of choice platforms. "This is an important ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... more than the minimum from their super, and lump-sum withdrawals are a normal part of retirement; and recognise that retirees may want to keep their super in an accumulation account for extra flexibility in being able to contribute or maintaining separate ...

S64, Vista Equity Partners roll out unit trust

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
... Australian unit trust (AUT) that provides exposure to global software and technology firms early next year. As first flagged in May, the partnership launched VistaOne in the Asia Pacific region. The new product - S64 VistaOne AUT - will launch to local ...

La Trobe shuts online portal access

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... the portal. " ASIC orders did not place any restrictions on La Trobe's online investor portal and any questions as to why it may be down would best be directed to La Trobe," the ASIC spokesperson said. "At this time, we would recommend that investors ...

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... costs of the fund were described as "significantly higher" than the industry median, with the trustee pointing out that this "may indicate retirement balances being inappropriately eroded". It was also highlighted that as funds under management continue ...