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Showing 31 - 40 of 4311 results for "VIC"

Regulatory reform omnibus bill passage trims CSLR levy disallowance period, payouts

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
The passage of Regulatory Reform Omnibus Bill 2026 overnight will amend how levies are collected under the Compensation Scheme of Last Resort (CSLR) and pay compensation to eligible victims more quickly. The package of reforms was passed by both houses ...

Court orders ASIC to preserve assets from doomed trust

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
The New South Wales Supreme Court has ordered ASIC to protect assets in the Deckchair Trust after an associated member sought to take sole control of the trust following winding-up orders. NSW accountant and former solicitor Christopher Edwards purportedly ...

Retiree super spending injects $121bn into Aussie economy

RIDDHIMA TALWANI  |  WEDNESDAY, 9 SEP 2026
New research has found retirees will spend close to $121 billion from their superannuation in 2026, bolstering the Australian economy and supporting jobs. Commissioned by the Super Member Council (SMC) and conducted by ACIL Allen, the research surveyed ...

Shorter CSLR payout timeframe awaits major bill passage

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
The looming passage of a major bill will amend how levies are collected under the Compensation Scheme of Last Resort (CSLR) and, in turn, speed up compensation payments to eligible victims. The reform is part of the Regulatory Reform Omnibus Bill 2026 ...

MAM acquires half of Aware Super's Victorian land registry stake

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
Macquarie Asset Management (MAM) has acquired Aware Super's 50% stake in Secure Electronic Registries Victoria (SERV), the private operator of Victoria's register of land. The superannuation fund will continue to retain and manage the remaining ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
Diversa Trustees deflected responsibility at a parliamentary inquiry that criticised its governance and structural problems, particularly its role in the failed First Guardian Master Fund, in which members invested about $240 million. At the recent ...

Fidelity International appoints investment director

STAFF WRITER  |  THURSDAY, 3 SEP 2026
A global and US equity strategies portfolio specialist from T. Rowe Price moves to Fidelity International to help grow the fund's fundamental equities franchise in Australia. Tamzin Manning will be working closely with portfolio managers, clients ...

Actuaries Institute launches AI risk management guide

RIDDHIMA TALWANI  |  TUESDAY, 1 SEP 2026
Actuaries Institute and UTS Human Technology Institute (HTI) have partnered to launch a practical risk management guide to help financial services firms manage artificial intelligence (AI) risks. With rapid AI adoption, the Institutes note governance ...

Pacific Current eyes return to active management

RIDDHIMA TALWANI  |  THURSDAY, 27 AUG 2026
Pacific Current is mulling a return to active management, two years after it stepped back from active investing and externalised management of its portfolio. The move follows a year of asset sales that left the firm debt-free and holding $158 million ...

AFCA moves to reinstate APT Strategy, opens doors for victims

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
The Australian Fiduciaries-linked APT Strategy has been reinstated as a member of the Australian Financial Complaints Authority (AFCA), paving the way for victims to come forward. AFCA today announced APT Strategy, which is in liquidation, is once again ...