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Showing 1 - 10 of 918 results for "Maximum"

Former Big Un chief escapes prison time for insider trading

MATTHEW WAI  |  MONDAY, 28 SEP 2026
... standards. Communicating inside information is an offence under section 1043A(2) of the Corporations Act 2001 and carries the maximum penalty of 10 years' imprisonment and/or a fine of 4500 penalty units at the time of the offending. Additionally, if ...

Super funds risk market concentration in US: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2026
... Implementation matters. And for super funds, benchmark-relative outcomes matter very directly. So, the objective isn't maximum diversification at any cost. It's finding a sensible improvement in diversification within the risk budget you actually ...

Former BW Equities employee charged for misappropriating funds

MATTHEW WAI  |  FRIDAY, 25 SEP 2026
... committal mention on 17 December 2026. It is being prosecuted by the Commonwealth Director of Public Prosecutions. The maximum penalty for each offence of dishonest use of position as a director, officer or employee (s184 of the Corporations Act 2001) ...

MDS drags Treasury to assess FSC levy proposal

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026
... levy from $1500 to a minimum of $25,000 while proportionately reducing the per-adviser fee from approximately $2,300 to a maximum of $1,700. "This would better align levy incidence with where risk is managed, recognising that continued increases in per-adviser ...

Former adviser charged further on dishonest conduct

RIDDHIMA TALWANI  |  MONDAY, 14 SEP 2026
... to pervert the course of justice by communicating with and sending draft affidavits to two prosecution witnesses. The maximum penalty for each offence contrary to section 1041E of the Corporations Act is 10 years' imprisonment for conduct which occurred ...

FEATURE | Managed accounts | Industrialising advice

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
... clients to seek permission. Townsend wonders how many clients an adviser could actually get through in a day. Maybe 10? Maximum 20? "Now, if you're looking after 100 clients, what's just happened to the other 80?" Townsend asks. "As an adviser ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... financial year. "But applying the waterfall model doesn't mean that sub-sectors are automatically going to pay their maximum cap," he said. "The legislation requires me to consider the viability of affected sectors and the broader interests of the ...

Perennial expands resources investment universe

RIDDHIMA TALWANI  |  MONDAY, 17 AUG 2026
... uranium, aluminium and energy are increasingly found offshore." The strategy can invest up to 100% offshore, compared with a maximum of 30% under the existing Strategic Natural Resources Trust, and has an estimated long-term capacity of approximately ...

Former director jailed for misuse of $1.75m

VINNY VUCAGO  |  TUESDAY, 11 AUG 2026
... Honor also highlighted the importance of general deterrence in sentencing white-collar offenders. The offences carry a maximum penalty of 15 years' imprisonment under section 184(2)(a) of the Corporations Act 2001.

ASIC ramps up enforcement action

VINNY VUCAGO  |  MONDAY, 10 AUG 2026
... banned for 10 years, while 31 received bans of less than 10 years. Of the 36 director disqualifications, 18 were for the maximum five-year period available under the Corporations Act. Among the regulator's enforcement actions was the permanent banning ...
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