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Showing 71 - 80 of 10356 results for "Trust"

ASIC halts Remara's private credit products for TMD deficiencies

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2026
ASIC has slapped interim stop orders on Remara Investment Management's private credit products over deficiencies in its target market determination (TMD), claiming they were too risky for retail investors. The three products - the 6 Month (Fixed and ...

FAAA flags gaps in discretionary trusts tax reforms, deficient framework

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
Under the proposed minimum tax on discretionary trust reforms, the Financial Advice Association Australia (FAAA) highlighted concerns over trustees potentially being forced to make "major and largely irreversible decisions" before the rules and guidance ...

Equity Trustees pushes bidders for better price

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
Equity Trustees' parent company EQT Holdings' board confirmed it is engaging with its two bidders - TPG Global and BGH Capital - and has pushed for an improved offer from both. EQT said the board concluded the offer price from both firms do ...

'Beyond warnings': ASIC to come down heavy on private credit

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
... with urgency towards consistent good practice. She urged the sector to strengthen standards now before there is a loss of trust. "If you are a private credit fund who hasn't assessed yourself against our 10 principles of private credit done well, ask ...

New digital asset trading platform targets HNWs, instos

VINNY VUCAGO  |  TUESDAY, 22 SEP 2026
... institutional-grade pricing and sophisticated trading capabilities through a seamless and intuitive platform." Zhang said trust, security and governance remained central to the platform, with role-based access and controls spanning front, middle and ...

EQT AB's takeover bid for Perpetual comes to an end

KARREN VERGARA  |  MONDAY, 21 SEP 2026
... management revenue. Operating revenue of $1.4 billion was stable year-on-year, with revenue growth reflected by its corporate trust division, while net profit after tax (NPAT) was $88.9 million, up from the$58.2 million loss reported in FY25. Underlying ...

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
Netwealth Group has received letters of potential class action, alleging it breached duties while offering and monitoring certain First Guardian investment options available through the Netwealth Superannuation Master Fund. No proceedings have yet been ...

ASIC secures court orders against questionable investment scheme

MATTHEW WAI  |  MONDAY, 21 SEP 2026
... New South Wales accountant and former solicitor Christopher Edwards, who purportedly changed the trustee for the Deckchair Trust from Great Northern Morayfield to himself after orders to wind up the trust. Last year, the court also ordered to freeze ...

Shield investors launch Macquarie class action

VINNY VUCAGO  |  FRIDAY, 18 SEP 2026
Gordan Legal commenced a class action against Macquarie Investment Management, alleging the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement savings. The proceedings have been brought ...

Pengana-WAM feud over PIA comes to an end

KARREN VERGARA  |  FRIDAY, 18 SEP 2026
... settlement of the Pengana Capital Group-initiated lawsuit that failed to stop a highly contested buyback. The listed investment trust (LIT) announced that the Pengana-led Supreme Court proceedings and application to the Takeovers Panel have now been ...