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Showing 71 - 80 of 4925 results for "MIS"

Adviser ban stretched to 2028 in ASIC deterrence win

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
The Administrative Review Tribunal (ART) has prohibited Stephen Rogers from being registered as a financial adviser for another three years. Melbourne-based Stephen Rogers, a representative of United Global Capital, had been prohibited from registering ...

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
Former financial services director Ashley Arandez has been sentenced to five and a half years imprisonment after admitting to dishonest conduct, operating an unlicensed financial services business and dealing with proceeds of crime tied to $1.97 million ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
As the 2026 Budget promises "bold, broad and ambitious" tax reforms, in addition to easing cost-of-living pressures and strengthening fuel security, wealth managers decry investors and the economy will not come out on top. Last night, Treasurer Jim ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Rest has come under scrutiny following claims it incorrectly reported superannuation contributions to the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh ...

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Association of Superannuation Funds of Australia (ASFA) is expanding its technical implementation service across all ASFA members, regardless of their membership status. From July, access to ASFA InPractice's (AIP) co-design working groups will ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...

Super funds can drive member engagement through insurance: TAL

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
New research from TAL suggests Australians who better understand and engage with their insurance through superannuation are significantly more confident about their financial security if they become unable to work. The study of 2000 super fund members ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
... professionalism and trustworthiness. ASIC said Giumelli contravened the law by operating unregistered managed investment schemes (MIS) and carrying on a financial services business without an Australian financial services license (AFSL) for eight years. ...