Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 291 results for "Managed investment schemes"

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... will also continue using our surveillance work to highlight the need for key legislative reforms for managed investment schemes - to strengthen investor protection, address data gap." ASIC will also look at the role superannuation funds play in private ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
... said the group has recommended key changes to legislation to ensure the independence of REs governing managed investment schemes, which were also shares with ASIC and APRA. "We believe the industry, working together, can come up with improvements that ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... wholesale clients regarding superannuation, securities, deposit and payment products, interests in managed investment schemes and life products, and to deal in those products. Rodwell failed to take proactive steps to ensure Crown Wealth complied with ...

ETF Shares flees Cboe for better 'connectivity'

MATTHEW WAI  |  MONDAY, 20 OCT 2025
... Magnificent 7+ ETF (HUGE), and ETFS US Technology ETF (WWW) will continue to operate as Australian-domiciled managed investment schemes under the same investment strategies, structures and Solactive indices. The transition from Cboe to ASX quotation ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... they've been tricked into thinking that they can get better returns... but most of the money went into managed investment schemes or products that were hosted on the platforms of superannuation trustees," Longo says. "They were persuaded to do this ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... Shield from happening again, including asking ASIC whether current financial resource settings for managed investment schemes remain appropriate. "It's disappointing that these two products made it on to investment platforms... The release of the outcomes ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... Capital had the most complaints with 605, followed by Interprac with 125 and APT Strategy with 49. For managed investment schemes, BT Funds Management had the most complaints with 86, followed by Australian Fiduciaries with 68. In life insuance, TAL ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... relying on the redemption prices provided by external managers to calculate the fair value of holdings in managed investment schemes and warned that RSEs should be aware redemption prices are not always reliable. The review also found that sponsorship ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
... the value chain, including lead generators, financial advisers, superannuation trustees, auditors, managed investment schemes and research houses. This, despite the government opting to drop its planned inquiry into the collapse of wealth management ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
... of the two failed schemes. About 12,000 retail investors have lost more than $1 billion from the two managed investment schemes. "People are talking about governance a lot more already. It's interesting to see that word come up so much more in the ...