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Showing 91 - 100 of 3241 results for "April 17"

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
The Lowy family has acquired a 5.1% stake in Magellan Financial Group via its trust Oryxium. Oryxium splashed $79 million across 9.35 million securities in Magellan to become a substantial shareholder. The major stake comes after Magellan announced ...

Former adviser incurs additional charges for dishonest conduct

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
Former financial adviser Donald James Cuthbertson has been charged with 11 additional counts of dishonest representation. Last year, Cuthbertson was slapped with multiple charges for allegedly making dishonest representations to potential investors ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
Consultation is now open on reforms to prevent perpetrators of domestic and family violence from receiving the super death benefits of their victims. Under current law, a superannuation trustee may be required to pay a death benefit to a person who ...

AFCA membership extended for Shield, First Guardian-linked firms

KARREN VERGARA  |  WEDNESDAY, 4 MAR 2026
The Australian Financial Complaints Authority (AFCA) has suspended expelling members in liquidation linked to the collapse of the Shield Master Fund and First Guardian Master Fund. This means United Global Capital (UGC) and Next Generation Advice, which ...

Silvercrest AM expands into Australia, launches fund

ELIZA BAVIN  |  TUESDAY, 3 MAR 2026
Silvercrest Asset Management has announced its expansion into the Australian market with the appointment of a head of APAC consultant relations and business development and the launch of the Silvercrest Global Value Opportunity Fund for wholesale clients. ...

US and Israel strike Iran: What it means for investors

ELIZA BAVIN  |  MONDAY, 2 MAR 2026
Iran was hit by joint strikes from the United States and Israel over the weekend, after talks between the US and Iran over nuclear capabilities broke down. Iran's supreme leader Ayatollah Ali Khamenei was among those killed in the conflict, and Iran ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI  |  MONDAY, 23 FEB 2026
US President Donald Trump has raised the blanket universal tariff on US imports from 10% to 15% after the US Supreme Court struck down his Liberation Day policies, deeming them unlawful. The response by the President came within a day of him announcing ...

MA Financial expands hospitality portfolio in NZ

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
MA Financial has acquired the Republic Hospitality portfolio in Queenstown for the MA NZ Growth Fund, an investment option for its Active Investor Plus (AIP) Visa program to streamline the pathway to residency for high-net-worth investors. The MA NZ ...

Virgin Money Super increases administration fees

MATTHEW WAI  |  FRIDAY, 13 FEB 2026
The changes are coming into effect on April 1 and will see a member with $50,000 charged $388 in total fees per year. From April 1, Virgin Money Super's asset-based administration fee will increase from 0.394% p.a. to 0.424% p.a. For a member with a ...

Top JBWere wealth leader heads to UBS

ELIZABETH FRY  |  THURSDAY, 12 FEB 2026
JBWere has lost a high-profile leader from its executive team, with Andrew Bird resigning after almost a decade with the firm. Over the past ten years, he led JBWere, National Australia Bank's wealth management arm, overseeing teams serving high-net-worth ...