The Financial Advice Association Australia has recommended that ASIC offer principles-based regulatory guidance to a ...
Praemium had a $286 million exposure to First Guardian, most of which was picked up from its acquisition of OneVue from Xplan ...
A review that focuses on distribution models, conflicts and supervision in failed managed investment schemes is needed in the ...
The government will give industry and regulators some space to deal with the fallout of the Shield and First Guardian ...
As industry fund Cbus has spent the greater part of 2025 rebuilding its image after going through multiple internal scandals, ...
The next tranche of Delivering Better Financial Outcomes legislation is due “shortly”, but Minister for Financial Services ...
Nearly half the industry now operates under self-held AFSLs, which offers independence from an institutional collective, but ...
In compensating victims of the collapsed Shield Master Fund, Equity Trustees is hoping to rely on an obscure legal mechanism ...
HUB24 says any response by regulators to the collapse of the Shield and First Guardian managed investment schemes must avoid ...
A law firm has written to the Australian Financial Complaints Authority to advocate for a review of the gap in jurisdictional ...
The Compensation Scheme of Last Resort is calculating the remediation costs for claims related to the Shield and First ...
Connected advice firms that can efficiently gather, manage and analyse data, will have a strong competitive advantage and ...