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Showing 101 - 110 of 6140 results for "Money"

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI | MONDAY, 5 JAN 2026

... Cleary. He notes that employers are favouring candidates with APRA and ASIC experience, and expertise in financial crime, anti-money laundering and fraud prevention. "Following the collapse of the Shield and First Guardian funds, Australia's financial ...

Diversa hit with additional licence conditions

ELIZA BAVIN | TUESDAY, 23 DEC 2025

... legal action against Diversa for its role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. ASIC alleges Diversa failed to conduct adequate due diligence before allowing its members to invest and failed ...

Trustees up sponsorship deals, Hostplus takes lead

KARREN VERGARA | MONDAY, 22 DEC 2025

... Services. In April 2024, APRA warned that it will force super funds to provide a detailed breakdown on how they spend member money. This includes divulging how much they spend on administration, advice, member services, marketing, trustee board (including ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON | THURSDAY, 18 DEC 2025

... super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First Guardian Master Fund via the Netwealth Superannuation Master Fund. The trustees of the fund, Netwealth Superannuation ...

Increases coming for veterans' superannuation

ELIZA BAVIN | THURSDAY, 18 DEC 2025

... valuation of the unfunded liability for the military superannuation schemes by the Australian Government Actuary. The amount of money being spent on the Age Pension is also expected to increase. Payments related to the Support for Seniors program are ...

Mark Delaney to step down from AustralianSuper

JAMIE WILLIAMSON | TUESDAY, 16 DEC 2025

... contribution to the fund and the broader super industry. "By building and leading a high performing global team Mark has made more money for more Australians than any super fund chief investment officer in the country," he said. Delaney became chief ...

Why a single insto client is a massive business risk

KARREN VERGARA | TUESDAY, 16 DEC 2025

... Aoris Investment Management has grown to more than $2.2 billion in assets under management without the help of institutional money. Aoris portfolio manager Delian Entchev said: "That is a choice we've made as a business. The risk is if you have one ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA | TUESDAY, 16 DEC 2025

... Master Fund and Shield Master Fund debacle. The unit, which is embroiled in the loss of $1 billion superannuation member money thanks to the collapse of First Guardian and Shield, has made $1.86 million in EBITDA, November year-to-date figures show. ...

Chalmers flags pension, super spending in Budget update

ELIZA BAVIN | TUESDAY, 16 DEC 2025

... the budget bottom line. In addition to expected cost cutting, Chalmers flagged that the government will be spending more money to assist veterans and older Australians. "The figures we release on Wednesday will show... an extra $3 billion more in support ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA | MONDAY, 15 DEC 2025

... sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly running out of money." The newly released Enhancing the effectiveness of financial service professional indemnity insurance consultation paper ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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