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Showing 111 - 120 of 2949 results for "August 4"

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 ...

Ausbil launches active ETF

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Ausbil Investment Management has launched an active ETF version of its seven-year-old dividend income fund. As first flagged last year, the Ausbil Active Dividend Income Fund - Active ETF (DIVI) officially began trading. Debuting on the ASX today, DIVI ...

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
Still reeling from the coordinated cyberattack in April, superannuation funds will test their cybersecurity resilience and see what lessons they have learned under a drill provided by the Gateway Network Governance Body (GNGB). Taking place on Thursday ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
Former United Global Capital (UGC) adviser Milutin Petrovic is banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
The exit of three key portfolio managers at Stewart Investors has thrown ratings of several funds they managed into disarray. Sydney-based senior portfolio managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Trustees' cyber-resilience is riding high on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential ...

Betashares adds emerging markets ETF

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
Betashares is bringing another exchange-traded fund (ETF) to its lineup, marking its third addition this month. The Betashares MSCI Emerging Markets Complex ETF (ASX: BEMG) - available on the ASX from August 25 - will provide investors with access to ...

ART raises stake in Tabcorp

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
Australian Retirement Trust (ART) has become a substantial shareholder of Tabcorp, now owning 5.072% of shares, representing a 0.02% overweight position based on ART's portfolio construction. Yesterday, Tabcorp disclosed that the super fund had ...

Euroz Hartleys in 'early stage' talks with big investor

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
Euroz Hartleys Group confirmed it is in the "early stages" of discussions with the Bank of Montreal (BMO) for the latter to potentially make a strategic stake in the Perth-based financial services company. Addressing an AFR article published on August  ...