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Showing 521 - 530 of 22622 results for "Service"

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
ASIC has successfully introduced two instruments on the Federal Register of Legislation relating to reliefs for secondary distribution of eligible digital assets and the omnibus account structures for those that are classified as financial products. ...

Brookfield, sovereign wealth fund sign AI joint venture

JAMIE WILLIAMSON  |  WEDNESDAY, 10 DEC 2025
... there is much more to the AI infrastructure investment opportunity, including supporting infrastructure like cooling-as-a-service platforms and high-capacity fibre connectivity. Brookfield is making the investment via its Brookfield Artificial Intelligence ...

ASIC takes action on Spice Capital Partners, founder

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
ASIC is taking further action against Spice Capital Partners and its founder Colin Oxlade for providing unlicensed financial services and financial product advice that ultimately raised nearly $2 million from investors. ASIC alleges that Oxlade, who ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... is the parent company of YourChoice and AusPrac. Diversa said it "will continue to work hard to support members and the service providers essential to the operation of our products." To help YourChoice, AusPrac and Praemium victims, the trustee has arranged ...

Cbus appoints chief financial officer

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
Cbus has welcomed a chief financial officer to oversee finance, data and analytics, business risk and compliance, and investment enablement. Tim Elliott joins Cbus from Housing Australia where he was the chief financial officer for a year. He brings ...

APRA consults on CPS 230 amendments

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
... changes aim to better accommodate the needs of regulated entities that maintain material arrangements with non-traditional service providers (NTSPs). APRA board member Therese McCarthy wrote to regulated entities explaining the regulator's proposed changes. ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino has suggested including APRA-regulated superannuation funds in the Compensation Scheme of Last Resort (CSLR) as the 2026 special levy has blown out to $47.3 million. Mulino added ...

Renters need twice as much super, risk poverty in retirement: SCA

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
Renters are headed for "dire retirement outcomes" as a couple who does not own their own house requires nearly double the amount in superannuation for a comfortable retirement compared to homeowners, according to Super Consumers Australia (SCA). The ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
ASIC is suing Diversa Trustees for its role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. In the Federal Court, ASIC put forth several allegations, starting with Diversa failing to conduct adequate ...

JBWere partners to enhance advisers' portfolio analytic capabilities

MATTHEW WAI  |  TUESDAY, 9 DEC 2025
JBWere's clients are now provided with customised insights on the risk and return characteristics of their investment portfolios through BlackRock's comprehensive analytic platform, Aladdin Wealth. The partnership marks the first Australian bank or ...