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Showing 81 - 90 of 2493 results for "Legal"

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI | FRIDAY, 12 DEC 2025

... overseeing scam risk and certifying the effectiveness of controls, ASFA said. In all, the resources bring together the key legal obligations and prudential expectations that apply to trustees in relation to scams and fraud and are developed in collaboration ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI | FRIDAY, 12 DEC 2025

... five MWL advisers were banned for recommending the doomed investment scheme between July and October. Last month, ASIC took legal action against MWL Financial Services and lead generator Imperial Capital Group Australia for their involvement in Shiel ...

Super moves: AustralianSuper, UniSuper, Team Super, CFS, TAL

ELIZABETH FRY | THURSDAY, 11 DEC 2025

Josh Perkins has joined AustralianSuper as a senior analyst in the real assets valuation and pricing team, following a five-year tenure at Knight Frank. The chartered surveyor brings advanced analytical and asset management skills honed within Knight ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI | THURSDAY, 11 DEC 2025

... life insurance businesses, will pay $29 million to settle the matter. "I am pleased that we have resolved another legacy legal matter as we focus on the future and on delivering for our customers and members," AMP chief executive Alexis George said. ...

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI | THURSDAY, 11 DEC 2025

... its analysis, scrapping the 30-hour threshold would make super fairer and help to close the gender gap, while also easing legal compliances for employers. Most teenage workers, especially young women who are more likely to work part-time, are not yet ...

ASIC releases legal obligations for private credit funds

ELIZA BAVIN | TUESDAY, 9 DEC 2025

ASIC has released a catalogue summarising key legal obligations and regulatory guidance for private credit fund operators, as the regulator continues to keep an eye on the sector. ASIC said the catalogue should assist private credit fund operators in ...

Chalmers accused of sitting on advice for MIS reforms

ELIZA BAVIN | THURSDAY, 4 DEC 2025

... appropriate enforcement of the law. Adding further obligations is unlikely to encourage those rogue operators from meeting legal requirements," the Treasury report said. "Proactive and risk-based surveillance by ASIC in this regard is key, as this has ...

Shield proposes to liquidate equities to pay investors

KARREN VERGARA | WEDNESDAY, 3 DEC 2025

... Distribution Proposal, the liquidators said. "We consider that the structure of the investment classes within the SMF, and the legal arrangements governing the rights of unitholders in each class, do not permit any alternative to this outcome. We are ...

Tyndall Asset Management calls time

KARREN VERGARA | TUESDAY, 2 DEC 2025

... yet-to-be-named affiliate under the Yarra umbrella. Yarra will provide sales and marketing, investment operations, finance and legal, risk and compliance services. Meanwhile, the Australian Share Wholesale Fund and Australian Share Income Fund will see ...

Brookfield, GIC chase $4bn acquisition

ELIZA BAVIN | FRIDAY, 28 NOV 2025

... Consumer Commission and New Zealand Overseas Investment Office approvals. "The NSR board, together with its financial and legal advisers, carefully assessed the indicative proposal and determined it was in the best interests of security holders to grant ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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