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Showing 41 - 50 of 4563 results for "Trustee"

Trustees, platforms, cyber risk under APRA spotlight

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator. APRA laid out its priorities in its newly published 2026-27 Corporate Plan, firing warning shots at trustees ...

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI  |  FRIDAY, 21 AUG 2026
... high to meaningfully protect savings from fee erosion - and also in action," Constant said. She gave the example of one trustee that took more than a year to take any meaningful action after placing an advice licensee on a watchlist for suspicious activity ...

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI  |  FRIDAY, 21 AUG 2026
The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. ASIC commenced proceedings against Netwealth after accepting a court enforceable ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
... lead-up to [the] final package of reforms," Burgess said. "While we understand the rationale for introducing mandatory SMSF trustee education for prospective SMSF trustees, we welcome the acknowledgement of the work the association is already undertaking ...

APRA targets platform trustees, welcomes stronger powers

KARREN VERGARA  |  THURSDAY, 20 AUG 2026
... to direct super trustees to commence remediation where an investment option fails and there is "reasonable suspicion" a trustee has breached its obligations. In cases where a trustee is found to have failed its duties, members would be entitled to compensation ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... delivered earlier and by parties more directly connected to the conduct that caused the harm, and that is the purpose of the trustee remediation reforms I announced earlier," he said. "But even with stronger consumer protections and stronger remediation ...

Mulino unveils sweeping reforms to cold calling, MISs

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... superannuation trustees to commence remediation where an investment option fails and there is "reasonable suspicion" that a trustee has breached its obligations. In cases where a trustee is found to have failed its duties, members would be entitled to ...

Global investment manager bids for Equity Trustees

MATTHEW WAI  |  TUESDAY, 18 AUG 2026
EQT Holdings (ASX: EQT), the holding company for Equity Trustees announced on the ASX it received an unsolicited, indicative and non-binding proposal from a US-based alternative investment manager. TPG Global made the bid at an indicative price of $24.55 ...

HUB24 loans $78m to HTFS, beefs up ORFR reserves

KARREN VERGARA  |  TUESDAY, 18 AUG 2026
HUB24 has advanced $77.5 million to HTFS Nominees, the trustee of its superannuation fund, to beef up Operational Risk Financial Requirement (ORFR) reserves following APRA's imposition of licence conditions. The loan comes off the back of APRA hitting ...

Super funds show unpreparedness on Payday Super

MATTHEW WAI  |  TUESDAY, 18 AUG 2026
Since the commencement of Payday Super, super funds have improved their implementation but improvement is required based on the findings from a payroll provider during the transition. SuperAPI, a payroll reg-tech infrastructure provider, revealed how ...