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Showing 91 - 100 of 2213 results for "In March"

Macquarie terminates more options

KARREN VERGARA  |  FRIDAY, 14 NOV 2025
... Management (MIML), as trustee of the Macquarie Superannuation Plan, yesterday revised its list of options that will terminate in March 2026. As at October 24, Macquarie announced it would cull 251 investment options on its Wrap platform. There are now ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
... increasing their allocations, followed by access to quality opportunities and concerns over high fees or lack of transparency. In March 2025, Woodbridge Capital made a series of recommendations to ASIC including mandating stress-testing, liquidity buffers ...

State Street Investment Management invests in Coller Capital

KARREN VERGARA  |  TUESDAY, 4 NOV 2025
... Coller Capital recently closed the Credit Opportunities II fund at US$6.8 billion. Alexander Ordon joined Coller Capital in March as a director for Australia and New Zealand to support the private wealth secondaries solutions business. He spent six years ...

Number of AFSLs plateaus: Rainmaker

ELIZA BAVIN  |  MONDAY, 3 NOV 2025
... over the 12 months. "AFSL numbers seem to have plateaued just under 1900. The last time AFSL numbers were above 2000 was in March 2022," the report said.

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... for no service misconduct by Lighthouse Partners, one of its representatives. ASIC cancelled the AFSL of Crown Wealth in March 2024, after it was placed into voluntary administration. It was previously allowed to provide advice to retail and wholesale ...

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
... its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its cross-industry prudential standards and guidance on governance for the first time ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... sometimes by as much as four years. And it's not only a failure of their duty to members, but a failure of their systems. In March, ASIC's claims handling report found 78% of delays were caused by processing issues within the trustees' control. ...

WAM takes over PIA board, vows to lift underperformance

KARREN VERGARA  |  WEDNESDAY, 22 OCT 2025
... underperformed the benchmark. This underperformance has been a drag on PIA's share price," PCG said. PIA was incepted in March 2004 and has since returned about 7.9% p.a. At the end of September, its share price was $1.22 while its post-tax NTA was ...

Adviser banned after $11.3m loss

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... Northcott used algorithms to conduct foreign exchange trading with investors' money. However, ASIC said it found that in March and April 2022, the Noon Investment Fund lost around $11.3 million. The regulator said Northcott sent false monthly performance ...

Rest injects more into $1.2bn Fidelity climate fund

JAMIE WILLIAMSON  |  TUESDAY, 21 OCT 2025
... the UK. Rest participated in the recent raise and is a cornerstone investor in the fund, which reached its first close in March 2024. At the time, Rest said investing in the fund brought it closer to achieving its goal of having 1% of funds under management ...