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Showing 571 - 580 of 8820 results for "Regulator"

Payday super laws introduced to parliament

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
The government has introduced the payday superannuation bill in the House of Representatives today. First flagged in 2023-24 Federal Budget, the legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
... Nexia. None of the 15 auditors proactively reported the potential breaches to ASIC, despite receiving a reminder from the regulator last October. Following the review, Nexia Perth was ordered to pay $78,250 this month for failing to audit a listed company ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

ASIC approval puts Cboe, ASX on level playing field

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
ASIC will allow Cboe Australia, a subsidiary of Cboe Global Markets, to list new companies on its platform, directly competing with the Australian Securities Exchange (ASX). ASIC flagged the possibility of an approval in August. Historically, Cboe Australia ...

Wealth and asset management to "significantly" consolidate by 2029: Oliver Wyman

RIDDHIMA TALWANI  |  FRIDAY, 3 OCT 2025
The global wealth and asset management industry is entering a period of significant consolidation, with over 1500 transactions expected in the coming years. A report by Oliver Wyman with Morgan Stanley estimates a reduction of around 20% in the number ...

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
... that aim to be positive for society and for the environment and aim to avoid investments in harmful activities." The regulator said it also specified several industries or activities that the fund would avoid investing in. This included companies that ...

Australia dominates APAC real estate private credit raisings

MATTHEW WAI  |  FRIDAY, 3 OCT 2025
Australia has emerged as the leader in real estate private credit across the Asia Pacific in recent years, capturing a substantial amount of funds raised between 2020 and 2024, with growth continuing to accelerate. According to Knight Frank's Horizon ...

APRA warns of super fund sustainability challenges

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... five-year periods may be facing structural or resourcing challenges in improving operational efficiency," APRA said. The regulator said there is a small group of trustees facing all these challenges at once. "These funds face an especially challenging ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... claims handling delays which was launched in November 2024. However, it is understood the super fund is engaging with the regulator to work towards an alternative dispute resolution. Just last month Cbus vowed to make death benefit payments faster through ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. The latest update provides data on complaints made within ...