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Showing 1 - 10 of 10 results for "AusPrac"

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... the Powerwrap Fund, Praemium Fund, and MAP Master Superannuation Plan together with its sub-plans, YourChoice Super and AusPrac, were exposed to First Guardian between 2020 to 2024. This week Diversa dragged Praemium and its subsidiaries into the legal ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... the Powerwrap Fund, Praemium Fund, and MAP Master Superannuation Plan together with its sub-plans, YourChoice Super and AusPrac, were exposed to First Guardian between 2020 to 2024. Diversa, as trustee of the super funds, failed to enforce a 50% holding ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... errors and unsupported conclusion." InterPrac said there was no basis to recommend Kee switch from her Macquarie product to AusPrac and a reduction in fees is not sufficient to recommend a switch. It also did not agree with AFCA determining Kee's ...

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
... previously flagged that FUA took a $286 million hit. "The exposure includes $176 million in YourChoice Super, $107 million in AusPrac Super (both on the OneVue platform when it was acquired from Iress Limited (Iress)) and $3 million in Praemium Super," ...

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
... the super funds that wronged them are now able to transfer out. Since the collapse of the investment scheme, members of AusPrac Super and YourChoice Super were essentially forced to remain members of the funds throughout the liquidation of the First ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... brought against Falcon Capital and in relation to First Guardian in February 2025." While it said it appreciates YourChoice, AusPrac and Praemium members who invested in First Guardian may be experiencing stress, anxiety and feelings of uncertainty in ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... the Powerwrap Fund, Praemium Fund, and MAP Master Superannuation Plan together with its sub-plans, YourChoice Super and AusPrac, were exposed to First Guardian between 2020 to 2024. Diversa, as trustee of the super funds, failed to enforce a 50% holding ...

Netwealth invokes Part 23 of SIS Act in First Guardian response

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... under administration, estimating that is the total loss to members from First Guardian. This was across YourChoice Super, AusPrac Super and Praemium Super.

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
... First Guardian holdings in the September quarter. The exposure included $176 million in YourChoice Super, $107 million in AusPrac Super (both on the OneVue platform when it was acquired from Iress ), and $3 million in Praemium Super. "OneVue and Praemium ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
... is insufficient scale." Meanwhile, the Allan Gray Superannuation and Retirement, Australian Practical Superannuation (AusPrac) and RetireSelect will become part of the YourChoice Super sub-plan. It said that transferring to YourChoice provides "the necessary ...
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