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Showing 1 - 10 of 222 results for "Constitution"

Australia's retirement system receives first A-grade

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2026
... superannuation legislation must be judged against this objective," the report read, adding that in Switzerland's federal constitution, the old-age pension "must be sufficient to cover basic living expenses adequately" and "must as a minimum be adjusted ...

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
... categories and replaced them with categories specific to the products, which consider the redemption timeframes under its constitution. It also reduced the percentage of investor's investable assets considered to be appropriate for investment in ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... product disclosure statements, and ongoing annual stress testing. Diversa, however, did not review First Guardian's constitution before onboarding the product, although she said the document was reviewed after the fund was frozen. Asked what additional ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... trustee. ASIC alleges Equity Trustees did not obtain critical information before onboarding First Guardian such as its constitution, audited financial accounts or an audit of its compliance plan. Further, ASIC alleges that Equity Trustees allowed its ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... Previous reviews recommended several changes that include providing ASIC with limited powers to alter a scheme's constitution to ensure it complies with the law. However, in light of the Shield and First Guardian failures, whereby some 11,000 people ...

ASIC allows more forms to be lodged via email

STAFF WRITER  |  THURSDAY, 4 DEC 2025
... Certification of compliance with stamp duty law 208 Notification of details of shares issued other than for cash 218 Constitution of company - lodged as part of forms 201, 205, 206 210 Notification of statement of special rights carried by shares 211 ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... from time to time, check whether the responsible entity of a registered scheme is complying with the scheme's constitution and compliance plan and with this Act." To Walker, this should be ASIC's answer to any potential problem with a managed ...

Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... by default due to the two failed attempts to conduct a meeting. Hostplus has also called for changes to the fund's constitution to enable "timely engagement and a clear pathway for change when major investors have concerns". Hostplus also took the opportunity ...

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
FNZ employee shareholders have officially filed a lawsuit against FNZ, alleging the global technology firm and its board substantially diluted their ownership with several capital raises. FNZ B class shareholders filed the class action at the High Court ...

Atrium winds up global listed infrastructure fund

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... unitholders that the fund be terminated and wound-up in accordance with the relevant provisions of the fund's constitution," Atrium said. "As the trustee for the fund, we are committed to acting in the best interests of all unitholders and ensuring ...
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