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Showing 1141 - 1150 of 18741 results for "Act"

Lendlease looks at royal joint venture

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
Lendlease has confirmed it is in the late stages of entering a joint venture with The Crown Estate - King Charles' property company in the United Kingdom. In line with the property giant's strategy announced in May 2024, Lendlease said it is aiming ...

Bennelong partners with Allspring for fund launch

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
Bennelong Funds Management has partnered with Allspring Global Investments to distribute its global income strategy across Australia and New Zealand. Bennelong expects to launch the Allspring Global Income Fund as a unit trust in June this year, offering ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Citco, a network of independent companies that provide asset-servicing solutions to the global alternative investment industry, has entered a long-term strategic partnership with a large institutional investor. Citco, which has over US$2 trillion in ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... Supreme Court of Victoria ruled the case invalid saying prospective losses are not considered a loss under s 55(3) of the SIS Act. The case was then moved to the Federal Court, with Maurice Blackburn saying the loss came in the form of the higher fees ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Macquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 ...

Criminal attacks, human error drive data breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The number of data breaches reported to the Office of the Australian Information Commissioner (OAIC) rose 25% in 2024; 54 or 9% of which occurred at financial services organisations. New statistics from the OAIC show there was a total of 1113 notifications ...

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
With the exit of Bain Capital, it leaves one potential buyer left in the takeover talks that have now spanned more than six months. In an ASX announcement this morning, Insignia Financial confirmed that Bain Capital is "unable to proceed" with a binding ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... located offshore. However, the super fund did confirm the new policy. "Vision Super is committed to complying with the Privacy Act 1988. Australian Privacy Principle (APP) 8 outlines that before disclosing personal information to an overseas recipient ...

AMP, intelliflo introduce dashboard enhancements for advisers

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
AMP and intelliflo have announced a suite of enhancements on their respective systems to offer better efficiency for advisers. Following the introduction of the AI FileNote assistant in March, AMP has brought a newly-enhanced Actively Management Dashboard ...

NZ Super appoints inaugural chief operating officer

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
The Guardians of New Zealand Superannuation, manager of NZ Super Fund, has promoted Paula Steed to the newly created position of chief operating officer. The appointment combines Steed's current role of general manager technology and general manager ...