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Showing 1041 - 1050 of 16663 results for "The Australian"

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of retail over-the-counter (OTC) derivatives issuer XTrade. XTrade offered clients opportunities to trade in contracts for difference ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... definition from three months to six months, likely delaying financial support. Notably, in the 2023 financial year, the Australian Financial Complaints Authority received over 2500 complaints about group insurance through superannuation and noted in ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Clearway wins distribution mandate

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... to local wholesale and institutional investors. The distribution specialist is taking Matthews International to the Australian and New Zealand markets. The fund manager has about US$8.1 billion actively invested in countries that include Japan, China ...

Ironbark partners with HarbourVest to launch fund

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
... $15 billion a year across direct co-investments and secondaries. "HarbourVest has a more than 35-year history in the Australian and New Zealand markets, and over $14 billion of AUM raised to date, primarily with institutional clients including superannuation ...

Super Members Council appoints inaugural chair

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
... of Contemporary Art Australia. She was previously a director of ING Group and ING Australia, Rugby Australia and the Australian Sports Commission. "Australia's super system is the envy of the world, and we are now beginning to see it bear fruit as ...

GSFM and Tribeca part ways after 16 years

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... decision. "From this date, GSFM will no longer be responsible for distributing Tribeca's funds and strategies in the Australian and New Zealand markets," McIntyre said. "GSFM and Tribeca Investment Partners have enjoyed a rewarding partnership since ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
The Australian Securities and Investments Commission (ASIC) released new research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... money yanked out of the super asset pool. It approved 4.55 million applications that amounted to $37.8 billion. The Australian Federal Police's (AFP) anti-fraud Taskforce Iris charged the women in August 2020, initially announcing that there were ...

Freshwater Wealth launches

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... manage common financial and lifestyle challenge. Freshwater Wealth is excited to be bringing this premium service to the Australian advice market," Perrett said.