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Showing 1 - 10 of 109 results for "Entrust"

Mulino unveils sweeping reforms to cold calling, MISs

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
The government will enforce sweeping reforms around cold calling, predatory superannuation switching and managed investment schemes (MISs) in the wake of the Shield and First Guardian Master Fund collapses, which lost an estimated $1 billion in retirement ...

Northern Trust AM Australia among five to split $4.3bn mandate

KARREN VERGARA  |  TUESDAY, 21 JUL 2026
Northern Trust Asset Management Australia is one of several fund managers that scored a major mandate from Taiwan's Bureau of Labor Funds (BLF) to help manage a total pool of US$3 billion ($4.3bn). The BLF also picked Amundi Asset Management, BNP ...

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026
... represent future opportunities, choice and confidence in retirement," Elia said. "We're very conscious that members entrust us with their retirement savings and expect us to make the most of every dollar on their behalf. Strong long-term performance ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
Former Western Asset Management co-chief investment officer Ken Leech pleaded guilty to obstructing an investigation into a fraudulent trading scheme that disadvantaged certain clients. At the US Attorney's Office for the Southern District of New York ...

Royal London AM extends SS&C mandate for new Aussie funds

RIDDHIMA TALWANI  |  WEDNESDAY, 27 MAY 2026
Royal London Asset Management (RLAM) will extend its mandate with SS&C Technologies to provide its fund administration and unit registry services for its new range of Australian active funds, with around $1 billion in assets under management. The funds ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... failures under the general AFSL obligations, which she said sets a clear expectation regarding cyber resilience. "Clients entrust licensees with sensitive and confidential information, and that trust carries clear responsibilities," Court said. Since ...

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI  |  FRIDAY, 23 JAN 2026
Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ...

BlackRock, State Street see assets climb

RIDDHIMA TALWANI  |  MONDAY, 19 JAN 2026
BlackRock's assets under management (AUM) have hit US$14 trillion in the fourth quarter ending December 2025, while State Street reported a 20% jump in its AUM. BlackRock's boost in assets follows a record US$698 billion of net inflows for the full ...
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