US pension funds get $800m from class actionBY MEDIA RELEASE | MONDAY, 19 JUL 2010 12:55PMThree Ohio pension funds have won a $840 million settlement from AIG after the insurer agreed to settle claims of accounting violations and stock price manipulation, in the tenth-largest securities class action settlement in U.S. history. |
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Federal Court lifts Merhi's travel ban
|Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.
Hostplus delivers double-digit FY26 returns
|Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.
ASIC levy estimates jump 19% as regulator ramps up funding
|ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.
GQG bleeds over US$7bn in FUM in June
|Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.
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Does association membership still matter?
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Digital assets and where they stand in 2026
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Rethinking default design in a changing market environment
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
