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Showing 461 - 470 of 6425 results for "Regulatory"

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... allegedly making misleading statements in relation to the CHESS replacement project. "We've experienced heightened regulatory scrutiny following the CHESS Batch Settlement Incident last December and we are committed to demonstrating we can address concerns ...

Mercer Super sued over 'longstanding and systemic' failures

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
Mercer Super allegedly failed to report seven investigations it undertook into serious member services failures, including one into premiums charged to dead members being refunded incorrectly. Lodged with the Federal Court today, the proceedings allege ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The Federal Court has ordered National Australia Bank (NAB) and its subsidiary ASFH Nominees to pay a pecuniary penalty of $15.5 million for failing to respond to customers facing hardship. The court found that between 2018 and 2023, NAB and ASFH failed ...

High-risk super options pay off: Morningstar

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
... relative softer flows into sustainable options are not a rejection of ESG but perhaps a recalibration," Olsen said. "As regulatory focus and member expectations continue to evolve, funds with transparent, outcomes-focused ESG approaches are best placed ...

ASIC to review RG97 to boost property supply

JAMIE WILLIAMSON  |  WEDNESDAY, 13 AUG 2025
... disclosures in a bid to boost their investment in property. Super funds have long held concerns that obligations under Regulatory Guide 97: Disclosing fees and costs in PDSs and periodic statements (RG97) can negatively impact their performance test ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
The Administrative Review Tribunal has upheld ASIC's decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years, after he lodged a review of the ban handed down in June 2024. The Tribunal conducted two hearings since the application ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
A former employee of Kerr Neilson's family office, Rodney Forrest, has been charged with insider trading and procuring others to trade Platinum Asset Management shares. At Sydney's Local Court yesterday, Forrest pleaded guilty to two counts ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... enabling the deduction of a fee from a product, even for new accounts, is a flaw in the law that has caused a significant regulatory burden for all parties," Anderson said. The FAAA reached out to Treasury in January to seek guidance and a solution. ...

PC suggests removing excessive entry requirements for advisers

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... advice at a time when they need it most, such as nearing retirement," Freeland said. "The cumulative effect of the regulatory burden imposed on the profession in recent years has demoralised advisers to the point where many are now walking away from ...

ETF Shares awards fund administration mandate

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
... turnarounds. Apex Group's support will help ETF Shares build a scalable tech platform that meets both operational and regulatory requirements," Bradford said. "We're seeing a clear trend of allocation towards ETFs in Australia, where assets under management ...