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Showing 481 - 490 of 12165 results for "May"

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... lodgment is the most important compliance obligations trustees must meet. If you fail to lodge your annual return on time, there may be penalties and interest applied and SMSF tax concessions can be lost," she said. "If your fund's lodgment is overdue ...

ASIC proposes 'kill switches' for unusual trading

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... Treasury bond futures trading," the financial regulator said. "During periods of heightened volatility, financial markets may be especially vulnerable to risks from unexpected activity by trading algorithms or AI." ASIC said these risks may be increased ...

Montgomery to distribute digital assets fund

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
... futures, and the Bitcoin Index Class, which targets 3% per annum outperformance relative to Bitcoin's returns. Since launching in May 2021, the Digital Income Class has delivered 22.72% per annum net of fees, achieving 50 positive months out of 51, Montgomery ...

NGS Super readies for admin transformation

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
... After close to a year-long delay, NGS Super will begin transferring its administration services to GROW Inc. in October. In May 2024, NGS Super announced it was ending a long-standing administration services arrangement with Mercer, instead handing the ...

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

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... evolving capital markets, the dynamics between public and private markets, putting forth a host of reasons why the sector may need its intervention. The staggering growth of private capital funds, for example, nearly tripled over the past decade, increasing ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... innovative, more differentiated strategies - including backing specialised managers, investment opportunities that arise but may be underweight in the benchmark or even appropriate early-stage opportunities in an array of sectors and asset classes," ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
... significant increase in approvals for the use of CRS for dental treatments in recent years, raises concerns that some practitioners may be placing profits over patient care." Eligibility for early access on compassionate grounds for medical reasons is ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... took action to secure the assets held within Shield. ASIC sought orders to preserve the assets of the scheme so that they may be recovered for the benefit of investors while the investigation was continuing. ASIC understands that, since February 2022 ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... were designed to be broadly and nationally representative. The substantial differences in results suggest that some consumers may think they have a binding nomination when they actually have a non-binding one," SCA said. "Indeed, one quarter of consumers ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
... sought, but Pearson fought the extradition for several years before the New Zealand Supreme Court dismissed her fifth appeal in May this year. Pearson arrived in Australia late last week, facing the Perth Magistrates Court on 136 counts of stealing. ...