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Showing 1 - 10 of 5356 results for "2015-16 ASIC"

Genetic testing ban takes effect for life insurance

VINNY VUCAGO  |  FRIDAY, 9 OCT 2026
Australians can access genetic testing without risking discrimination in life insurance under a new ban that took effect on October 8, with the Australian Financial Complaints Authority (AFCA) also updating its rules to handle complaints involving adverse ...

FAAA says super trustees should stump up for CSLR

RIDDHIMA TALWANI  |  THURSDAY, 8 OCT 2026
... superannuation trustees in relation to Shield and First Guardian is difficult to reconcile with the [Treasury] paper's own test. ASIC has commenced proceedings against every superannuation trustee that made these funds available on its platform," FAAA ...

ASIC issues more stop orders amid private credit crackdown

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
ASIC has made an interim stop order on the product disclosure statement (PDS) issued by Australian Secure Capital Fund (ASCF) offering units in three registered managed investment schemes. The interim stop order stops ASCF from offering, issuing, selling ...

ASIC sues another former Venture Egg adviser

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC has launched civil penalty proceedings against former financial adviser Osama Saad, alleging he participated in schemes designed to avoid conflicted remuneration laws and provided unsuitable advice that directed hundreds of clients' superannuation ...

ASIC appoints receivers to Star Investment Group

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC has secured the appointment of receivers to Star Investment Group Australia and associated entities following a further Federal Court hearing into the investment scheme. Justice Anderson on October 6 appointed Adrian Robert Hunter and Jonathon ...

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD). Last week, the corporate watchdog claimed the products were too risky for retail investors. ...

AMP, CFS and Vision Super get the Epic Retirement Tick

RIDDHIMA TALWANI  |  THURSDAY, 1 OCT 2026
... was less innovation in terms of lifetime products. We're hoping to see more work in this space by next year." Last year, ASIC slammed super trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage ...

Metrics freezes redemptions behind listed funds as audit stalls

RIDDHIMA TALWANI  |  WEDNESDAY, 30 SEP 2026
... opinion by the September 30 deadline. All the three ASX-listed funds will remain suspended from trading until they are lodged. ASIC recently urged the private credit sector to uplift standards, noting participants should prepare for enforcement action ...

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
... The projects attracted 190 investors, including people who used their self-managed superannuation fund savings to invest. ASIC chair Sarah Court said investors had entrusted Chester with millions of dollars for property development, but substantial amounts ...

ASIC sets FY27 priorities straight

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
ASIC has outlined its supervisory priorities for 2026-27 with reviews of artificial intelligence (AI), member services and advice fee deductions among the areas of focus for financial services firms. The regulator has published sector-specific supervisory ...
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