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Showing 731 - 740 of 18721 results for "Act"

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... how licensees are "managing compliance with their general obligations - which at their core require industry participants to act efficiently, honestly and fairly." "We will examine how financial advisers - when they recommend managed accounts - comply ...

ASX announces changes following independent review

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... recommendations the Advisory Group members would be appointed in their individual capacity, meaning they would be expected to act in the interests of the market rather than represent the views of the industry group or constituency they happen to be drawn ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... respectively of using their positions dishonestly for the benefit of another, contrary to s184(2)(a) and (b) of the Corporations Act. This month, both Netting and Eastwood were acquitted of all charges following a trial in the District Court of South ...

Vanguard partners to launch core-satellite portfolios for advisers

MATTHEW WAI  |  THURSDAY, 16 OCT 2025
Financial advisers will be able to access the combination of Vanguard's expertise in global index portfolio construction and Lonsec Investment Solutions investment management experience through a new core-satellite model portfolio offering. The Vanguard ...

Carbon tax a 'missed opportunity': Debelle

ELIZA BAVIN  |  THURSDAY, 16 OCT 2025
Funds SA chair Guy Debelle has told the IGCC Summit 2025 that numerous governments not going ahead with a carbon tax was a "missed opportunity". "The carbon tax wouldn't have been a bad thing to have done, but we lost a few Prime Ministers on the ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... wealth management and superannuation industries, confirming the value of strong regulation and the mandate for super funds to act in members' best interests," he said. "While it is essential that those who misled trustees, research houses, and licensees ...

Can IPOs ever recover? Experts aren't sure

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
Despite ASIC and the ASX having displayed a "good regulatory mindset" in revitalising the listed environment, opportunities from the private markets continue to drag initial public offerings' (IPOs) down. In a panel at the Citi Investment Conference ...

FINSIA's struggle to find scale

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
The Financial Services Institute of Australasia (FINSIA) has a more than 135-year history in Australia. It was formed in 2005 by the merger of the Australasian Institute of Banking and Finance, which was established by a group of bankers in 1886, and ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... ordered Westpac to pay a $1.3 billion penalty for its breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, minting the highest civil penalty in Australian history. Chief among the bank's failures were in its reporting and ...

Superannuation system quality stagnates: Report

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
The quality of Australia's retirement system continues to stagnate at the B+ level based on the annual Mercer CFA Institute Global Pension Index (MCGPI) over the last four years. The retirement system has not improved since 2021 when it moved from a ...