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Showing 51 - 60 of 1388 results for "Licence"

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... it was found to have inadequately prepared to effectively oversee and manage the change by APRA, who imposed additional licence conditions on the super fund to rectify the issue. To ensure the limited-service period does not extend beyond the said period ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... identified that BPS Financial had been providing financial advice for three years without an Australian Financial Services Licence (AFSL). It was also found to have engaged in misleading and deceptive conduct by making several false and misleading representations ...

CareSuper makes sweeping insurance changes

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... condition on or after 1 April 2026, you'll need to provide proof of your birthday (for example a current driver's licence), and we must receive your application (including evidence) within 60 days of your birthday," CareSuper said. "From 1 April ...

EQT stands firm on defence, blames ASIC, third parties

KARREN VERGARA  |  MONDAY, 19 JAN 2026
... consider itself responsible for the losses incurred by members who invested in Shield. In December, APRA imposed additional licence conditions on ETSL to address concerns relating to its investment governance frameworks and practices, including oversight ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
... frozen. However, the firm argued the loss of trauma insurance issue was not its responsibility. MWL Financial Services' licence has since been cancelled and is now in liquidation. After a panel review, AFCA confirmed the adviser did not act in the complainant's ...

State Street boosts digital asset access with new platform

MATTHEW WAI  |  FRIDAY, 16 JAN 2026
... financial products, which will require businesses distributing these products to obtain an Australian financial services licence.

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
... sued by ASIC for its involvement in the First Guardian and Shield collapses and, more recently, was hit with additional licence conditions by APRA due to concerns relating to its investment governance. Diversa, however, remains steadfast in its position ...

Diversa hit with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
APRA has imposed additional licence conditions on Diversa Trustees in the wake of the Shield and First Guardian collapses. APRA said it has concerns relating to Diversa's investment governance frameworks and practices, including oversight of platform ...

Adviser of MWL, UGC banned for seven years

MATTHEW WAI  |  MONDAY, 22 DEC 2025
... was not in his clients' best interest. Earlier this month, ASIC suspended MW Planning 's Australian financial services licence (AFSL) after it failed to appoint a new responsible manager. It follows the banning of the responsible and compliance manager ...

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Equity Trustees Superannuation Limited (ETSL) to address concerns relating to its investment governance frameworks and practices, including oversight ...