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Showing 1 - 10 of 3288 results for "Scheme"

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 ...

ATO sets sights on 'predatory practices' to access super

MATTHEW WAI  |  THURSDAY, 22 OCT 2026
The Australian Taxation Office (ATO) noted there has been a decrease in compassionate release of super, which it said was promising, however it remains concerned about predatory practices from health practitioners attempting to access super for financial ...

TAL launches takeover bid for Challenger

ELIZA BAVIN, VINNY VUCAGO  |  MONDAY, 19 OCT 2026
... TAL to acquire the remaining 79.5% of ordinary shares it does not already own in Challenger for $11.80 per share via a scheme of arrangement - valuing the deal at around $7.8 billion. "No binding agreement has been reached. The proposal is non-binding ...

Pacific Equity Partners acquires FleetPartners

ELIZA BAVIN  |  MONDAY, 19 OCT 2026
... special dividend, FleetPartners said. "The FleetPartners board unanimously recommends that shareholders vote in favour of the scheme, in the absence of a superior proposal and subject to the independent expert concluding that the scheme is in the best ...

ASIC bans 14th adviser from MWL

MATTHEW WAI  |  MONDAY, 19 OCT 2026
... suggesting Shield had generated returns and outperformed alternative products since 2016, despite the managed investment scheme only commenced operating from May 2021. ASIC found those statements were likely to induce clients to accept the recommendations. ...

Swedish PE giant EQT takes Cleanaway private in $9.3bn deal

RIDDHIMA TALWANI  |  MONDAY, 19 OCT 2026
... Samantha Hogg said. "Following a disciplined process and engagement with EQT, the board is unanimous in its view that the scheme delivers strong and certain cash value to shareholders, at a significant premium to Cleanaway's undisturbed share price." ...

Netwealth reports record $36bn FUM in Q1

MATTHEW WAI  |  THURSDAY, 15 OCT 2026
... Investment Management on a similar basis. The company compensated more than 1000 victims from the collapsed managed investment scheme late last year, repaying $101 million to investors.

FEATURE | Governance | Stumping up

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
... responsibility for parts that they are involved in before it ultimately defaults back to either the licensee or the Compensation Scheme of Last Resort (CSLR)," Younger says. "I think that's sensible. It certainly means those who participate in the ...

'Flawed' CSLR model needs to be redesigned: SMC

MATTHEW WAI  |  WEDNESDAY, 14 OCT 2026
The latest proposal from the government to see super funds contribute to the Compensation Scheme as a Last Resort (CSLR) would force everyday Australians to fund failures which arose in unrelated high-risk financial services, the Super Members Council ...

ASIC flags gaps in super fund valuations

VINNY VUCAGO  |  WEDNESDAY, 14 OCT 2026
ASIC has called for stronger scrutiny of unlisted investments after finding persistent weakness in how some superannuation funds and auditors assess asset valuations, raising concerns about the accuracy of members' retirement balances. The regulators ...
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