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Showing 31 - 40 of 1233 results for "licensees"

APRA kicks off Retirement Reporting Framework consultation

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... benefit bracket, and retirement status. APRA and ASIC will jointly use the data as part of tracking progress by RSE licensees against retirement income strategies required by the Retirement Income Covenant. It will then share the data with ASIC, Treasury ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
... directors of retail corporate collective investment schemes (CCIVs); and the NTA requirements for other categories of licensees as this will inform future ASIC work. ASIC said it will announce its final position by 31 July 2026. The last time NTA financial ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... early warning system, which would cover superannuation fund trustees, responsible entities (REs) and financial advice licensees to help identify issues in areas such as distribution, growth and management. REs should also "reflect the complexity and ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
... was up 7% in the period to 5294 subscribers. GDG noted Lonsec will also launch a new governance offering to support licensees, platforms, and wealth business in managing approved product lists (APLs) and investment menus in response to heightened governance ...

HUB24 posts record HY inflows, advisers on platform jump by 8%

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026
... for advisers to switch platforms. These includes regulatory changes, a shift in advisers from aligned to independent licensees, diversified wealth groups separating from their advice businesses and a general reduction in the number of advisers. "These ...

SMSF advice requires specialist skills, professional judgement: SMSFA

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... confidently and responsibly. Sixty-two files showed the adviser failed to comply with the best interests duty, while some licensees had inadequate pre-vetting procedures to manage conflicts of interest. "We don't like seeing any cases of inappropriate ...

Netwealth reports HY loss after $100m payment to First Guardian victims

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... based on FY26 earnings (excluding FG expenses). "We expect momentum to continue in FY27, with existing advisers and licensees expected to benefit from strong demographic tailwinds, AI and process automation, in addition to opportunities commencing in ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
Two years on from a review into cold calling and lead generators, ASIC is launching another into the advice licensees that use them. ASIC said the aim of the review is to address practices that inappropriately or unnecessarily encourage consumers to ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... controls put clients and companies at real risk," ASIC deputy chair Sarah Court said. "ASIC expects financial services licensees to be on the front foot every day to protect their clients. FIIG wasn't - and they put thousands of clients at risk. "In ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... million of capital to maintain robust financial resources and ensure independence of its clearing and settlement facility licensees. ASIC had initiated an inquiry into ASX in June 2025 around its questionable ability to "maintain stable, secure and resilient" ...