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Showing 111 - 120 of 19533 results for "RIS"

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

Takeovers Panel denies Atlas Arteria interim order request

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Takeovers Panel said it rejected Atlas Arteria's request to impose an interim order against IFM Investors despatching its bidder's statement in its current form, despite the global toll roads business saying the two-tiered pricing structure ...

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
New Zealand needs to reform its pension sector, increasing the age at which retirement savings can be accessed and no longer taxing those savings, according to the Organisation for Economic Co-operation and Development (OECD). In its latest report on ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Treasury is addressing benchmarking-hugging incentives encouraged by the superannuation performance test in a new round of consultations that aim to overhaul several "unintended consequences" it has created over the last five years. Treasury acknowledges ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Bell Financial Group (BFG) said it will continue to diversify its revenue streams to transform into a broader and more holistic wealth manager to respond to the changing structural landscape of the Australian wealth industry. It reported unaudited net ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
Magellan has confirmed "a number of roles" will be impacted after it outsourced its global equities strategy earlier this week. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Departing ASIC chair Joe Longo said the most effective way to tackle unscrupulous actors in lead generation activity would be to stop it at the source and ban all unlicensed communications. Speaking at the Financial Counselling Australia conference ...

Iress inks partnership to embed AI across platforms

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Iress will partner with global technology consultant Thoughtworks to modernise its core platforms through embedding artificial intelligence (AI) and enhancing the value of its proprietary data. The partnership will help design data-driven features that ...

RBA hikes rates, suggests more to come

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2026
The Reserve Bank of Australia (RBA) hiked interest rates by 0.25% at the May meeting, bringing the official cash rate to 4.35%. This hike has now fully reversed the 75bps of cuts delivered last year and the cash rate is now in-line with its peak during ...

Atlas Arteria rejects 'exploitative' IFM takeover bid

RIDDHIMA TALWANI  |  WEDNESDAY, 6 MAY 2026
Atlas Arteria has recommended shareholders reject IFM's hostile takeover bid, calling it "too low, opportunistic and highly conditional". The toll road operator said each independent director will reject IFM's offer and told shareholders to simply ignore ...