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Showing 1 - 10 of 19212 results for "BAS"

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
Two victims of the First Guardian Master Fund linked to InterPrac Financial Planning, who collectively lost $465,000, have won a small victory in the Federal Court. Justice Beach on August 13 ordered InterPrac to pay the sums, which were calculated ...

Trustees, platforms, cyber risk under APRA spotlight

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator. APRA laid out its priorities in its newly published 2026-27 Corporate Plan, firing warning shots at trustees ...

Perpetual hit with double whammy redemption, impairment

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
Perpetual's earnings will be slugged with a massive impairment thanks to an unnamed client redeeming nearly $6.5 billion (US$4.6bn) from a strategy run by Thompson, Siegel & Walmsley LLC (TSW). Perpetual said it was notified last week of the client's ...

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI  |  FRIDAY, 21 AUG 2026
ASIC commissioner Simone Constant has urged superannuation trustees to make good use of member data to better understand their needs as they move towards and through retirement. Speaking at an industry event, Constant said retirement is seen as an isolated ...

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI  |  FRIDAY, 21 AUG 2026
The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. ASIC commenced proceedings against Netwealth after accepting a court enforceable ...

Qualitas seizes on private credit shift to Europe

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
Qualitas is firmly positioning itself in the UK with a major acquisition as it bets on institutional investors' shifting appetite for private credit opportunities away from the US to Europe and APAC. The alternative real estate investment manager ...

Zurich completes ClearView takeover

VINNY VUCAGO  |  FRIDAY, 21 AUG 2026
Zurich Financial Services Australia has completed its acquisition of ClearView Wealth, with the insurer now the registered holder of all ClearView shares. The scheme of arrangement was approved by ClearView shareholders on 27 July 2026 and by the Supreme ...

Nanuk lands AustralianSuper investment heavyweight

MICHELLE BALTAZAR  |  THURSDAY, 20 AUG 2026
Nanuk Asset Management adds serious firepower to its investment team when it appointed Oliver Johnson, formerly at AustralianSuper, as portfolio manager early this month. Prior to the announcement, Johnson was a senior portfolio manager at AustralianSuper ...

MA Financial AUM surges 44% in 1H26

MATTHEW WAI  |  THURSDAY, 20 AUG 2026
MA Financial Group posted a positive half year to 30 June 2026, with assets under management (AUM) increasing by 44% to $15.5 billion, attributed to significant activity levels in core real estate. The strong performance led to an increase of underlying ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ...
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