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Showing 51 - 60 of 3201 results for "Scheme"

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
... ASIC said now is an appropriate time to review in the wake of the Shield and First Guardian collapses. "In light of recent scheme collapses, we have focused our review on the NTA requirement for responsible entities (and similar requirements that apply ...

ASIC launches beneficial ownership transparency review

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
ASIC is seeking feedback on how it can strengthen transparency around who ultimately owns and controls listed entities, proposing several amendments it hopes will better corporate transparency, market efficiency and oversight. ASIC said its set of proposals ...

Former MWL Financial adviser banned for six years

ELIZA BAVIN  |  TUESDAY, 10 MAR 2026
... In June 2024, ASIC took action to secure the assets held within Shield. ASIC sought orders to preserve the assets of the scheme so that they may be recovered, to the extent available, for the benefit of investors while the investigation is continuing ...

Australians unlock only 1% of $600bn in home equity: Deloitte

MATTHEW WAI  |  MONDAY, 9 MAR 2026
... households. Reverse mortgage volumes across the private and public sectors, including the government's Home Equity Access Scheme, totalled around $5.5 billion as at 30 June 2025, representing more than 40,000 households with a reverse mortgage product. ...

Vanguard pays $40m in ESG antitrust lawsuit

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2026
Vanguard will pay more than $40 million to settle a lawsuit brought by 13 Republican states that claimed it, along with BlackRock and State Street, sought to damage the US coal industry through climate activism. The case was brought in late 2024 by ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... obligations and transparency are much reduced. Additionally, it wants MISs included within the scope of the Compensation Scheme of Last Resort (CSLR) alongside reforms enabling Australian Financial Complaints Authority (AFCA) to apportion blame for client ...

US and Israel strike Iran: What it means for investors

ELIZA BAVIN  |  MONDAY, 2 MAR 2026
... but he said levels should be maintainable. "These moves are meaningful but not yet particularly worrisome in the broader scheme of investment implications. A continued increase to US$80 would be consistent with the June 2025 conflict, and US$90 consistent ...

UK influencers fined over promotion of unauthorised forex scheme

JAMIE WILLIAMSON  |  FRIDAY, 27 FEB 2026
... former reality television stars turned influencers have been fined in the UK for spruiking an unauthorised forex trading scheme. Seven influencers were sentenced in a UK court this month after pleading guilty to charges of issuing unauthorised financial ...

Super assets reach $4.5tn

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... rose to $1.06 trillion, up from $1 trillion in December 2024, marking a 6% increase. Exempt public sector superannuation scheme assets rose 3.9% from $175.2 billion to $182.1 billion. This comes after the Association of Super Funds of Australia (ASFA) ...

Strategic simplification lifts ClearView's profits

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... cost to serve, driven by a streamlined business and technology model." The result coincides with ClearView entering into a scheme implementation deed (SID) with Zurich on Tuesday, under which Zurich is offering 65 cents for each ClearView share. The ...