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Showing 441 - 450 of 6425 results for "Regulatory"

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... Income Fund (PIF), to Newmark Capital. Despite the positive results, Australian Unity said it faced challenges from regulatory changes and activity across many of its operating businesses, noting the delay in the implementation of the Aged Care Act. ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
The AFSL of MWL Financial Services has been cancelled, while both its director and its compliance manager have copped bans after they allegedly helped funnel more than $150 million in investments into the Shield Master Fund. MWL recommended Shield to ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
ASIC is targeting the perfect storm of declining public market listings, booming private markets and the growing influence of superannuation funds as key enforcement priorities over the next four years, insisting that it is not sitting on the sidelines. ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
The Australian Taxation Office (ATO) has warned of an increase in "dodgy advice" about accessing superannuation savings for non-critical medical procedures, like cosmetic dental work. The number of people accessing their super under the guise of medical ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
A former financial adviser accused of stealing millions from clients will finally face court after being extradited back to Australia from New Zealand. Marion Pearson allegedly stole $4.1 million from 13 clients between January 2009 and October 2013. ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... Global Emerging Markets Leaders after having "Sustainability" removed from its name in September 2024, partly driven by regulatory reasons. Nelson led the strategy in 2017 before Desai took over lead manager responsibilities in May 2023, while he stayed ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... and by transaction volume it is the world's "largest" centralised crypto exchange. Established in 2017, it holds regulatory approvals or permissions in around 20 jurisdictions. Considering this, AUSTRAC chief executive Brendan Thomas said he expects ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
The Federal Court imposed urgent interim orders to freeze the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, with ASIC concerned more than $50 million of investor funds is at risk. ASIC is investigating FMPE ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... principle of reporting. "The government's announcement it will be introducing 'tell-us-once' legislation to reduce regulatory duplication is a significant win for all Australians, and will benefit everyone with a superannuation account," Delahunty said. ...