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Showing 551 - 560 of 5602 results for "ASIC"

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... to Judge Jackman's decision made last June to relieve Block Earner or Web3 Ventures of any liability and pay a fine. ASIC believed that Block Earner should pay a penalty of as much as $350,000. Judge Jackman at the time said Block Earner acted honestly ...

Analyst promotions: TCorp, Future Fund, CareSuper, Fidante, First Sentier

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
... almost three years, working as an investment analyst. He previously worked as an analyst in the market supervision division at ASIC, where he covered OTC derivatives surveillance. The credit specialist began his career with the corporate regulator, initially ...

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... Master Fund. The fund was available on Macquarie Wrap, and Equity Trustees' NQ Super and Super Simplifier platforms. ASIC began its investigation in February 2024 to halt new investment offers and then made interim stop orders on four product disclosure ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... setting an "ambitious target" to rebuild the advice industry to 30,000 advisers. The numerical target would also be embedded in ASIC's Statement of Expectations and would serve as a guiding principle, ensuring financial advice regulation must be focused ...

Webull launches SMSF account offering

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
... But whether greater control benefits younger investors, typically with lower balances, remains open to question. In 2019, ASIC cautioned that many Australians were establishing SMSFs that were unsuitable for their circumstances, particularly those with ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... Capital last month, the Federal Court has ordered both the fund and the entity to be wound up. In response to a petition by ASIC, the court has appointed Ross Blakeley and Paul Harlond of FTI Consulting as liquidators of Falcon Capital to shut down and ...

Michael Dwyer joins impact fund board

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
... Capital Advisory Committee. Additionally, Dwyer serves as a director of ASX-listed Iress and holds advisory roles with the ASIC Consultative Panel and the Global Advisory Council for Tobacco-Free Portfolios. In recognition of his industry and community ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees last month, which unearthed systemic failures that ...

ASIC asks for input on reportable situations, IDR dashboards

JAMIE WILLIAMSON  |  THURSDAY, 10 APR 2025
... track firm-level reportable situations and internal dispute resolution (IDR) data to push financial firms to lift their game. ASIC is consulting on plans to publish dashboards containing firm-level reportable situations and IDR data later this year. ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... AFS licensees - Australian Advice Network, IA Advice, and Sherrin Partners Services - have copped infringement notices from ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in March. ...