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Showing 511 - 520 of 10359 results for "Trust"

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI  |  FRIDAY, 23 JAN 2026
... $500,000 and another man over the age of 60 who had $150,000 stolen. ASIC deputy chair Sarah Court said: "Torre betrayed the trust of his clients and left many of them financially devastated." "The sentence imposed by the court demonstrates the seriousness ...

IFS unveils new pathway for industry super fund advice

MATTHEW WAI  |  THURSDAY, 22 JAN 2026
Industry Fund Services (IFS) has launched a "comprehensive solution" designed for financial advisers who want to specialise in industry super fund advice. The Independent Adviser Licensing Mode provides guidance that aligns with members' priorities ...

Insignia sees $1.5bn inflows, updates on CC Capital takeover

ANGELIQUE MINAS  |  THURSDAY, 22 JAN 2026
... institutional outflows of $1.6 billion from direct asset management capabilities and $758 million of net outflows from master trust. Net inflows into the wrap business were $1.5 billion and multi-asset solutions saw net inflows of $779 million within ...

ASIC seeks relief extension for securitisation entities

KARREN VERGARA  |  WEDNESDAY, 21 JAN 2026
ASIC is seeking to extend a relief for securitisation entities from holding an AFSL for five more years. The regulator is seeking stakeholder feedback on its plans to remake a relief instrument by extending the exemption for securitisation entities ...

Investment managers ramp up AI use in front offices

RIDDHIMA TALWANI  |  TUESDAY, 20 JAN 2026
... platform with real-time decision support. "Good front-office data access is now common, but the strategic challenge remains trust. Firms should define a clear gold standard for the data master that LLMs and analytics can reliably reference," Deloitte ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
While the improved methodology for calculating superannuation earnings was previously applauded by the industry, the SMSF Association (SMSFA) and CPA Australia believe the Better Targeted Super Concessions Bill still fails to strike the "right balance" ...

HUB24 advances HTFS Nominees takeover, FUA hits $152bn

KARREN VERGARA  |  TUESDAY, 20 JAN 2026
HUB24 is in the process of acquiring of one of EQT Holdings' trustee business, HTFS Nominees, as the platform reports a bump in funds under administration (FUA) to $152.3 billion. HTFS Nominees became trustee of HUB24 Super in 2020, replacing Diversa ...

EQT stands firm on defence, blames ASIC, third parties

KARREN VERGARA  |  MONDAY, 19 JAN 2026
Equity Trustees (EQT) is standing firm on defending itself against culpability for the Shield Master Fund collapse and ensuing investor losses, blaming ASIC for not doing its job, as well as third-party providers for their failures. Releasing its Summary ...

Oxfam calls for net wealth tax

ELIZA BAVIN  |  MONDAY, 19 JAN 2026
The average Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year ...

Commonwealth Super anticipates advice take-off

MATTHEW WAI  |  MONDAY, 19 JAN 2026
Use of a service that allows hesitant members to dip their toes in to receiving financial advice is expected to almost double in 2026, with 15% seeking intra-fund advice since the inception of its Super Specialist program. Commonwealth Superannuation ...