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Showing 41 - 50 of 1190 results for "Principle"

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... financial misconduct as a last resort after all other options to recover money had been exhausted, with a key design principle being that parts of the financial services system from which the consumer harms had arisen would bear that cost. "The government ...

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
ASIC has released a catalogue summarising key legal obligations and regulatory guidance for private credit fund operators, as the regulator continues to keep an eye on the sector. ASIC said the catalogue should assist private credit fund operators in ...

Royal London AM launches four new funds locally

ELIZA BAVIN  |  TUESDAY, 2 DEC 2025
Royal London Asset Management has announced the launch of four new funds for Australian investors, with Equity Trustees as responsible entity. Royal London Asset Management manages $378 billion for clients in the UK and select international locations ...

Government cracks down on financial abuse via coerced directorships

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
The government has opened consultation to combat financial abuse in families perpetrated through coerced directorships. The consultation paper by the Treasury noted that financial abusers can exploit loopholes in tax and corporate systems, weaponising ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... FY27 Compensation Scheme of Last Resort (CSLR) special levy, claiming that it will be a "clear breach" of the scheme's principle otherwise. The SMC pointed out that the scheme is intended to be funded by the sectors that see the most misconduct. It said ...

Delaying reforms to YFYS test, RG97 costing members: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 19 NOV 2025
Retirees may be as much as $20,000 worse off at retirement due to the Your Future, Your Super performance test and RG97, a new report suggests. It could also be costing the country up to 140,000 jobs, the Australian Investment Council and Mandala say. ...

Betashares expands platform offering with JPMAM partnership

RIDDHIMA TALWANI  |  MONDAY, 17 NOV 2025
Betashares has collaborated with J.P. Morgan Asset Management (JPMAM) to expand the offerings available on its Direct investment platform. This expands the platform's offerings beyond just Betashares' managed portfolios to include strategies from third-party ...

Super performance test, DBFO reforms coming: Government

ELIZA BAVIN  |  WEDNESDAY, 12 NOV 2025
Speaking at the ASFA Conference 2025, Treasurer Jim Chalmers and Assistant Treasurer Daniel Mulino said long-awaited superannuation reforms are on the way. Chalmers said despite pressing issues globally and at home, reforms in the superannuation sector ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
As HESTA and Vision Super move to divest members' money from Israeli bonds and shares, other superannuation funds' ethical options continue to overlook human rights abuses. HESTA confirmed the move, saying that as part of its investment strategy ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
... FirstChoice Employer Super and Commonwealth Essential Super. Today, Shine Lawyers announced the parties have reached an in-principle settlement of $140 million, with the formal settlement deed still pending. The settlement is without admission of liability ...