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Showing 31 - 40 of 2073 results for "Apply"

Sequoia abandons InterPrac sale

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
Following ASIC's concerns over the transaction, Sequoia Financial Group tore up the agreement to sell InterPrac Financial Planning to Conquest Investment Partners, saying the two parties failed to satisfy all the conditions within the required timeframe. ...

SMC backs proposal to close family violence super loophole

VINNY VUCAGO  |  FRIDAY, 1 MAY 2026
... undermine the intent of the changes. SMC also emphasised trustees would require clear legislative backing and guidance to apply the rules consistently and fairly, particularly in cases involving coercive control, elder abuse or long-term patterns of ...

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
... "The exemption applies only to the specified CPS 230 contractual requirements. All other CPS 230 requirements continue to apply," APRA said in a letter to regulated entities. "These amendments do not reduce the expectation that regulated entities actively ...

Core-satellite models can only be effective with purpose: Vanguard

MATTHEW WAI  |  WEDNESDAY, 29 APR 2026
... between 0.30% and 0.75%. However, across the portfolios analysed, Vanguard said there is a "long tail" of practices that apply the model liberally without clear purpose, which leads to overlapping exposures, style drift, excessive costs and unintended ...

Treasury to abolish CGT discount: Reports

KARREN VERGARA  |  TUESDAY, 28 APR 2026
... will announce the change in the Budget, which will take place on May 12. The AFR states the inflation-based discount will apply to all asset classes, including property and shares. Between 1985 to 1999, the cost base of an asset was indexed so only real ...

ASIC issues roadmap for digital assets law reform

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... new regulatory guidance; its approach to applying discretion in the regime, where appropriate; standard conditions that apply to platform licensees; and a potential streamlining of the licence variation process for certain cohorts of firms. "ASIC will ...

Actuaries Institute proposes pre-set pension for retirees

RIDDHIMA TALWANI  |  THURSDAY, 16 APR 2026
Actuaries Institute has proposed a three-part package to tackle Australians missing out on tax-free income by not transitioning their superannuation to the retirement phase when eligible. Under the proposal, all APRA-regulated super funds would be required ...

NZ Super Fund in court defeat over human rights issues

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
New Zealand's High Court has ruled against the nation's super fund, finding some of its policies are "unreasonable and unlawful" in regards to how it treats companies accused of human rights breaches. The Palestine Solidarity Network Aotearoa (PSNA) ...

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
... protect consumers, promote confidence in the financial system and deter similar misconduct by others." Reilly has the right to apply to the Administrative Review Tribunal to review ASIC's decisions. Last week, ASIC handed down a permanent banning ...

NZ Super chair's term extended by two years

MATTHEW WAI  |  MONDAY, 13 APR 2026
... changes, including the adoption of a revised strategic framework in April 2024. Commenting, Williamson said he will continue to apply the right approach for its members. "Our focus continues to be on ensuring we have the right structure and processes ...