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Showing 71 - 80 of 3995 results for "Accounts"

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... in retirement." The $400 billion super fund called for legislation to allow members to make contributions to pension accounts; implementing the Delivering Better Financial Outcomes (DBFO) reforms; creating a legal right for superannuation funds to nudge ...

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
... test." Given there is no money in the reserve, there will be no direct or practical impact on members. Defined benefit accounts are also not impacted as they're calculated independent of volatility in returns. In FY25, the option returned 10.98% for ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... have over $3 trillion in APRA-regulated assets ($417 billion via platforms). This covers more than 23 million member accounts across 901 products with almost 27,000 investment options across the industry." Over 2025, APRA undertook a review of the major ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... weeks, stealing sensitive client information such as names, addresses, birth date, driver's licences, passports, bank accounts, and tax file numbers. The data was then released on the dark web. The breach occurred after a FIIG employee downloaded ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... PSSap, CSCri, and ADF Super - will be affected. Transactions will pause, and CSC Navigator will be unavailable for these accounts. The upgrade will restrict members from viewing their account balances and insurance dashboards, making investment switches ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
... convicted last year of engaging in dishonest conduct after he stole $110,000 from clients' Wealthtrac superannuation accounts under the guise of adviser fee forms that authorised the withdrawal. These withdrawals were not approved, signed or consented ...

Drummond steps up governance and adviser support

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
... hands-on experience with the operational, compliance, technology and client communication challenges of adopting managed accounts within advice practices. Earlier in his career, Mitchell worked at BT Advice, starting as a financial adviser before becoming ...

Former AMP adviser banned over false documents

JAMIE WILLIAMSON  |  THURSDAY, 5 FEB 2026
... client consent forms before sending them to be processed. The conduct resulted in fees being deducted from the super accounts of four clients, despite the clients having not met with Nong or signed any documents, The conduct occurred while Nong was working ...

Totality Wealth chief executive exits, replacement named

KARREN VERGARA  |  THURSDAY, 29 JAN 2026
... continuing to invest in an all-in-one platform that gives clients a holistic view of their wealth across personal and SMSF accounts," Korfits said. Under his watch, Korfits said Totality will accelerate an institutional-led strategy focused on scaling ...

Aussie Olympian's brother pleads guilty for role in global scam

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... from Australians for cryptocurrency and other supposed investment opportunities," ASIC said. "While Mormarkets' bank accounts were in operation, Gunn was repeatedly notified of suspicious activity or reports of fraud, with the accounts progressively ...