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Showing 101 - 110 of 2947 results for "August 2"

Brighter Super investments chief to step down

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
Brighter Super's chief investment officer has decided to semi-retire and will step down from the post on December 5. Mark Rider has been leading the investments team for the last four years. He was appointed chief investment officer at LGIAsuper ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

Ben Samild to leave Future Fund

JAMIE WILLIAMSON  |  MONDAY, 15 SEP 2025
Future Fund chief investment officer Ben Samild is leaving the sovereign wealth fund for a new role. Samild has been with the Future Fund since 2013 when he joined as head of alternatives. He was named chief investment officer in August 2023 after serving ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August  ...

FEATURE: Back in action

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
As the old saying goes, 'you've got to spend money to make money.' And, as equity markets continue their strong run and global uncertainty calms, geared strategies have been making a comeback. But for those thinking a geared strategy is a good way to ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ...

AMP, Perpetual, Ironbark shutter funds

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
AMP, Perpetual and Ironbark have all announced they will be shuttering funds as they lack viability. AMP said it made the decision to terminate the AMP Capital Equity Fund (AMP Equity Fund), effective August 29. "The fund's small and reducing size may ...

Samuel Terry bids for Eildon again

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Two years after making an "opportunistic" takeover bid for Eildon Capital Group, Samuel Terry Asset Management is attempting another acquisition. This time, Samuel Terry is offering 80 cents per share for the ASX-listed company. Samuel Terry, which ...

Latest adviser exam sees 69% pass

MATTHEW WAI  |  MONDAY, 8 SEP 2025
ASIC has handed down the results for the 30th Financial Adviser Exam, held in August, with the pass rate once again falling under the 70% mark. The previous exam cycle in June saw the lowest pass rate in recent times at 66%. Although slightly improved ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Mayfair 101 Group director James Mawhinney has been banned from receiving or soliciting funds related to financial products for 15 years after the Federal Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his ...