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Showing 61 - 70 of 6066 results for "Commission"

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced ...

Boman Group scores licence to expand China investments

RIDDHIMA TALWANI  |  TUESDAY, 9 DEC 2025
... Group has been granted the Qualified Foreign Institutional Investor (QFII) licence by the China Securities Regulatory Commission, which will help it to expand its direct investments in China. The licence will allow its subsidiary Boman Asset Management ...

Benchmark report reveals crucial blind spots in whistleblower protections

MATTHEW WAI  |  THURSDAY, 4 DEC 2025
In a report published today, ASIC has outlined several key trends among companies' whistleblower policies, and where they need to improve. Insights from the ASIC Whistleblower Questionnaire: July 2024 to June 2025 (REP 827) - which studied 134 companies ...

ASIC eyeing advisers recommending private credit funds

ELIZA BAVIN  |  WEDNESDAY, 3 DEC 2025
ASIC commissioner Alan Kirkland has told an industry event that the regulator is keeping an eye on the private credit sector, with increased surveillance continuing in 2026. "On the retail side, this surveillance will look at disclosures of fees and ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
The Shield Master Fund (SMF) is expected to make a distribution to victims by selling a large portion of its listed equities portfolio, according to liquidators Alvarez & Marsal. Keystone Asset Management, which is the responsible entity for the Shield ...

Brookfield, GIC chase $4bn acquisition

ELIZA BAVIN  |  FRIDAY, 28 NOV 2025
... subject to regulatory approvals, including the Foreign Investment Review Board, the Australian Competition and Consumer Commission and New Zealand Overseas Investment Office approvals. "The NSR board, together with its financial and legal advisers, carefully ...

ASIC invites feedback on disclosure requirements

ELIZA BAVIN  |  FRIDAY, 28 NOV 2025
ASIC is inviting the superannuation and investment management sectors to have their say on changes to stamp duty and portfolio holdings disclosure requirements. The request follows a targeted review of superannuation investment disclosure requirements ...

Super funds continue to fail vulnerable members: UNSW

MATTHEW WAI  |  THURSDAY, 27 NOV 2025
Despite holding a pool of more than $4.3 trillion in retirement savings, cracks are appearing in the superannuation system around engagement and support for vulnerable members, experts said. UNSW Business School associate professor Katja Hanewald observed ...

ASIC to monitor union redundancy funds

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
Following a consultation process that was launched in June, ASIC has outlined its approach to the regulation of employee redundancy funds under the Corporations Act 2001 (Corporations Act), once the current relief expires on 1 April 2026. Operators ...

Super funds lagging RIC obligations: Pulse Check

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
ASIC and APRA have released the findings of the 2025 Pulse Check on retirement income covenant (RIC) implementation, painting a fairly dire picture of how super funds are understanding and meeting member needs. While the regulators said some improvements ...