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Showing 1151 - 1160 of 17966 results for "Into"

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
... April, and ensuing market volatility that tested global markets. In fact, rather than retreating, local investors leaned into the volatility, adding $3.15 billion across all asset classes that month. This represented the largest monthly net inflow since ...

ASIC appoints ASX inquiry panel

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
ASIC has appointed three panel members to conduct its inquiry into the Australian Securities Exchange (ASX). The inquiry is in response to the ongoing concerns around the ASX's questionable ability to "maintain stable, secure and resilient" market ...

ASFA, JANA release draft guidance on operational due diligence

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... support consistent and practical risk management practices across both APRA-regulated and non-regulated entities." Coming into effect on July 1, CPS 230 imposes additional requirements on APRA-regulated entities to effectively manage their operational ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
... open letter to the trustees of the SAG-Producers Pension Plan asking it to divest from fossil fuels and redirect the assets into responsible investments. Members of the Screen Actors Guild and the American Federation of Television and Radio Artists (SAG-AFTRA) ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Super Fierce, the digital advice platform that compares superannuation products, is now in liquidation three years after it launched. Trenna Probert and Craig Swanger, co-founders of Super Fierce, officially launched it on International Women's ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... benefit, insufficient levels of due diligence being conducted, and some RSEs lacking standardised processes for entering into agreements. However, it did note that some RSEs demonstrated better practices, including decision-making supported by data ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... 2060, the federal Treasury expects that one third of all withdrawals from super will be via bequest. So, it's really turned into a taxpayer subsidised inheritance scheme." Grattan deputy program director of housing and economic security Joey Moloney ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... allegedly withdrew more than $7 million from the practice before his death. Marshman said patients were encouraged to dip into their retirement savings without any real understanding of the tax penalties or medical risks involved. "We are hearing from ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... check" for free. Another is financial advice being provided by a telemarketer and recommending the consumer switch their super into a high-risk investment, often involving property development.

ASIC calls on AFS licensees to 'step up'

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... accounts are held in the client's name. ASIC said the updated guidance reflects findings from a recent ASIC-led industry review into AFSLs' client onboarding and verification practices, in addition to their share sale fraud detection practices. ASIC ...