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Showing 31 - 40 of 8795 results for "Regulator"

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation. This follows Australian Fiduciaries' inability to pay the amount determined by the Australian Financial ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... changes to AFCA's rules and jurisdiction. Meantime, the laid expectation on APRA is almost identical to ASIC's, but as regulator for the superannuation and insurance sector, APRA should continue to maintain a core focus on the ongoing resilience for ...

NGS Super names head of strategy

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
NGS Super has appointed a former board member of the Association of Superannuation Funds of Australia (ASFA) as head of strategy, as the fund aims to strengthen its retirement offering. Nick Callil has joined NGS Super in the newly created role, bringing ...

FAAA warns adviser levies could exceed $5k as ASIC costs climb

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
... arrangements. The comments follow ASIC's release of its 2025-25 Cost Recovery Implementation Statement, which lifted the regulator's estimated recoverable costs to $400.5 million as it expands supervision and enforcement activity. The FAAA estimates ...

Another MWL adviser banned over Shield collapse

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
ASIC has banned another MWL Financial adviser Nicole Niu from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business for ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
EQT AB has sweetened its offer bid for Perpetual, after the financial services firm rejected the unsolicited takeover bid from the Swedish private equity giant earlier in the month. The revised offer price of $22.07 is a 2% bump from its previous offer ...

FEATURE | Retirement | A layer of confidence

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... positive steps in the right direction," he says. "There's also been an increased level of expectation by the prudential regulator about what it wants to see from superannuation funds in terms of how they are adherent to the retirement income covenant. ...

ASIC seeks to wind up Capital Guard AU

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
ASIC is seeking to wind up fixed-income specialist Capital Guard AU amid "serious concerns" about its management and how it handled investor funds mounting to about $17.4 million. ASIC told the Supreme Court of New South Wales it seeks the appointment ...

First Mutual unregistered MIS wound up

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
First Mutual Private Equity's (FMPE) unregistered managed investment scheme (MIS), which allegedly gambled $80 million of investor money, has been wound up by the Federal Court. Justice Button approved ASIC's application to facilitate the orderly ...

NAB-owned WealthHub cops $1m ASIC fine

VINNY VUCAGO  |  WEDNESDAY, 15 JUL 2026
NAB-owned online broker WealthHub Securities has been hit with a $1.055 million penalty after ASIC found it failed to accurately report regulatory data more than 9.5 million times over a decade. ASIC said he reporting failures undermined the corporate ...