Search Results | Showing 81 - 90 of 194 results for "First Guardian" |
| | | ... financial advice industry is expected to pay the $126.9 million CSLR levy for FY27. This amount does not account for First Guardian and Shield. The total amount for the wider industry, however, comes to $137.5 million. The levy has jumped from an estimated ... |
| | | | ... outcomes practices," APRA deputy chair Margaret Cole said. APRA had written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. APRA said ... |
| | | | ... under the supervision of Merhi of Venture Egg, who has since been charged over his involvement in the Shield and First Guardian disaster. Merhi was subsequently banned from working in financial services. On 2 September 2022, Hogan became an authorised ... |
| | | | The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ... |
| | | | ... same week she was contacted by Aus Super Compare or AusCompare, a lead generator of the Shield Master Fund and First Guardian Master Fund that is now in liquidation. "It had a legitimate name, and I went on to research the company. AusCompare then allocated ... |
| | | | ... business for remaining advisers, despite their not being involved whatsoever with the failures of the Shield and First Guardian funds has had a large bearing on Sequoia's divestment decision." Sequoia has already slashed $4.7 million in intangible ... |
| | | | ... circumstances. It added concerns of misleading data risks distorting the policy debate following the failures of Shield and First Guardian. "It is simply not correct to infer that a superannuation consumer who has switched out of a default fund on the ... |
| | | | ... steps to identify and respond to risks." There are three other lawsuits brought by ASIC in relation to Shield and First Guardian in train, being those against Diversa Trustees, Equity Trustees Superannuation, and Interprac Financial Planning. |
| | | | ... sector. During his speech, Mulino also touched on the public policy questions that have been raised by the Shield and First Guardian collapses. "One is around governance and accountability for managed investment schemes, and this is an issue which has ... |
| | | | ... Garry Crole flagged InterPrac was facing operational challenges as a result of its involvement in the Shield and First Guardian master fund failures. Chief among its issues is being blacklisted from several platforms, such as Macquarie and Netwealth. ... |
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