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Showing 1 - 10 of 138 results for "Diversa"

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... HUB24 is in the process of acquiring HTFS Nominees. HTFS Nominees was appointed trustee of HUB24 Super in 2020, replacing Diversa Trustees. Last December, said HUB24 said it intends to transition the role of the trustee for the HUB24 Super Fund into ...

HUB24 sees $4bn net inflows, advances HTFS takeover

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... said it will advance its acquisition of HTFS Nominees. HTFS Nominees became trustee of HUB24 Super in 2020, replacing Diversa Trustees. Following the announcement in January 2026 that HUB24 intended to transition the role of the trustee for the HUB24 ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... Management and Netwealth have returned $300 million and $101 million of capital to investors respectively. Netwealth, Diversa Trustees and Equity Trustees have all announced they will tap Part 23 of the Superannuation Industry Supervision Act (SIS Act) ...

Macquarie broke law by not putting Shield on watch list, says court

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2026
... There are three other lawsuits brought by ASIC in relation to Shield and First Guardian in train, being those against Diversa Trustees, Equity Trustees Superannuation, and Interprac Financial Planning.

Future Group to buy Towers Watson RSE licence

JAMIE WILLIAMSON  |  FRIDAY, 27 FEB 2026
... Trustees currently serves as Future Group's trustee, a relationship that commenced in 2023. Before that, it was under Diversa. Equity Trustees is currently in the process of reviewing its superannuation business following its involvement in the First ...

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
... impact translated to revenue reducing by $1.4 million. Given Praemium and OneVue are investment platform providers to Diversa Trustees, which has exposure to the First Guardian fund, the group previously flagged that FUA took a $286 million hit. "The ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... ASIC. In December 2025, APRA accepted a court enforceable undertaking from Netwealth and imposed licence conditions on Diversa Trustees and Equity Trustees to address investment governance-related concerns. The panel further asked APRA to detail how ...

HUB24 advances HTFS Nominees takeover, FUA hits $152bn

KARREN VERGARA  |  TUESDAY, 20 JAN 2026
... in funds under administration (FUA) to $152.3 billion. HTFS Nominees became trustee of HUB24 Super in 2020, replacing Diversa Trustees. In the December 2025 quarterly update, HUB24 said it intends to transition the role of the trustee for the HUB24 Super ...

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
... investments, relevant fees will continue to apply. AusPrac Super and YourChoice Super, as sub-plans of OneSuper, are overseen by Diversa Trustees, which is being sued by ASIC for its involvement in the First Guardian and Shield collapses and, more recently ...

Diversa hit with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
APRA has imposed additional licence conditions on Diversa Trustees in the wake of the Shield and First Guardian collapses. APRA said it has concerns relating to Diversa's investment governance frameworks and practices, including oversight of platform ...
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