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Showing 681 - 690 of 18719 results for "ACT"

Outsourcing will 'supercharge' value of advice: Netwealth

MATTHEW WAI  |  TUESDAY, 4 NOV 2025
A new report from Netwealth outlines key methods of growth for advice businesses, including pinpointing where to outsource some business activities. Netwealth's Innovation starts with curiosity report touches on several solutions, spanning from ...

US equities not performing as well as they seem: UniSuper

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
UniSuper head of fixed income David Colosimo has warned that despite US share markets appearing to have performed very well over the month of October, the reality is more complex. "In October, US shares were actually quite strong, up about 2.25%. But ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... a group of unlicensed representatives that claimed to operate under exemptions outlined in section 708 of the Corporations Act. It is understood that this was reported to ASIC in June 2024. FMPE has still not released an official statement regarding ...

AustralianSuper expands executive lineup

JAMIE WILLIAMSON  |  FRIDAY, 31 OCT 2025
The nation's largest super fund named another deputy chief executive, a chief transformation officer, and will add a chief platforms officer to the team. AustralianSuper is making changes to its leadership team, saying the new structure will strengthen ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
ASIC has released the findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025, after reviewing 254 companies. Report 819 ASIC's oversight of financial reporting and audit 2024-25 outlined findings from company ...

Treasury seeks feedback on foreign investment reforms

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
The government is developing legislative reforms to further streamline and strengthen the foreign investment framework, with Treasury releasing a discussion paper for feedback. Treasury said reforms will seek to ensure Australia remains an attractive ...

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
Cbus has agreed to pay $23.5 million to settle the matter brought against it by ASIC in relation to delayed death benefit payments to members. A Cbus spokesperson told Financial Standard the super fund co-operated with the regulator throughout the legal ...

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

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... financial services licence. "Licensing ensures consumers receive the full suite of protections under the law and allows ASIC to act when poor practices lead to harm." ASIC said it will, however, continue to act against egregious conduct where it sees ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... these obligations was a serious lapse in judgment." Rodwell, overall, lacked professionalism and competence, and a failure to act with the diligence expected of a director of a financial services licensee. However, ASIC said that his conduct was the ...