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Showing 1 - 10 of 4341 results for "LIC"

ASIC ups thresholds for NTA requirements

KARREN VERGARA  |  FRIDAY, 23 OCT 2026
ASIC has introduced new rules that will require managed investment schemes (MISs) to increase minimum financial thresholds in their net tangible assets (NTAs). From 1 July 2027, responsible entities of MISs, as well as investor-directed portfolio service ...

Guaranteed income gives retirees 'licence to spend': JPMAM

RIDDHIMA TALWANI  |  THURSDAY, 22 OCT 2026
Retirees with a higher share of guaranteed income spend 44% more, according to J.P. Morgan Asset Management (JPMAM) portfolio manager and head of target date strategies Daniel Oldroyd. Speaking at the Financial Services Council (FSC) Retirement Summit ...

ASIC investigates potential $138m scam

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2026
ASIC has confirmed it is actively investigating a potential scam that has seen at least $138 million of Australian investor funds lost. ASIC said the investigation is around whether there were oversight, due diligence and compliance failures linked ...

Adviser stripped of AFSL he claimed he didn't hold

MATTHEW WAI  |  WEDNESDAY, 21 OCT 2026
ASIC has ceased the Australian financial services licence (AFSL) of a New South Wales financial adviser after he failed to comply with licensee obligations, including payment to statutory levies. Kyle Clifford Frost's AFSL cancellation took effect ...

Corporate, governance issues fuel whistleblower tipoffs: ASIC

KARREN VERGARA  |  TUESDAY, 20 OCT 2026
The corporate regulator received nearly 2000 tip offs from whistleblowers in the last financial year, a whopping 183% jump annually, the majority of which relate to corporate and governance issues. ASIC highlights in its newly published annual report ...

HUB24 platform inflows drop 23% to $4bn in Q1

RIDDHIMA TALWANI  |  TUESDAY, 20 OCT 2026
HUB24's platform net inflows fell 23% to $4 billion in the September quarter, down from $5.2 billion a year earlier. Flows have now held near the $4 billion mark for three consecutive quarters, after peaking at $5.6 billion in the December 2025 quarter. ...

Panacea Capital director charged over $4.4m crypto fund

VINNY VUCAGO  |  TUESDAY, 20 OCT 2026
Panacea Capital director Brian Jacques Creigh has been charged with criminal offences relating to an unlicensed cryptocurrency investment fund, including dealing with proceeds of crime worth $1 million or more. Creigh appeared in the Melbourne Magistrates' ...

AFSL specialist snags Entireti head of advice risk

MATTHEW WAI  |  TUESDAY, 20 OCT 2026
Self-licensing firm My Dealer Services (MDS) has welcomed a senior risk and compliance director, as it continues to expand self-licencing initiatives while restructuring roles within the business. Viki Whitehead has joined as advice and Australian financial ...

ASIC bans 14th adviser from MWL

MATTHEW WAI  |  MONDAY, 19 OCT 2026
ASIC has banned yet another former financial adviser from MWL Financial Services, bringing its total adviser bans - according to public records - to 14. ASIC has banned Pardeep Singh from providing financial services for four years, after finding he ...

Betashares-backed MA appoints head of adviser engagement

STAFF WRITER  |  THURSDAY, 15 OCT 2026
The financial adviser who helped set up Aon's wealth management business in Singapore lends her expertise in a newly-created role at Trellia Wealth Partners. Belinda Barclay has been appointed head of adviser engagement at Trellia Wealth Partners ...
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