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Showing 121 - 130 of 5382 results for "Federal"

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... we better serve our members moving forward." Both parties submitted a Statement of Agreed Facts and Admissions with the Federal Court on October 28 and is listed for hearing on November 13 for the court to approve. ASIC launched legal proceedings against ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... comes after Payday Super reforms were introduced into parliament at the start of October. First flagged in the 2023-24 Federal Budget, the legislation stipulates that from 1 July 2026 employers must pay their employees' superannuation at the same ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
Mayfair 101 managing director James Mawhinney is appealing the Federal Court's decision to bar him from dealing in financial products for 15 years. Last month, the Federal Court upheld a previous decision to ban Mawhinney from receiving or soliciting ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents or employees" from carrying on any business ...

Macquarie to shed more than 240 investment options

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... investors. The move comes at the fallout of the Shield Master Fund. ASIC and Macquarie are now battling it out in the Federal Court as the regulator alleges MIM did not act efficiently, honestly and fairly when it failed to place Shield on a watch list. ...

Federated Hermes to acquire majority interest in FCP

ANGELIQUE MINAS  |  FRIDAY, 24 OCT 2025
Federated Hermes has agreed to acquire an 80% interest in Federal Capital Partners Fund Manager (FCP). The transaction is expected to close in the first half of 2026, and will be the second private markets acquisition made by Federated Hermes since ...

APAC insurers favour multi-alternatives strategies: Report

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... visibility on demand and cash flows. "We anticipate a decline in US short-term rates over the next few quarters, as the Federal Reserve resumes its rate-cutting cycle, which should support other private markets and boost appetite for transactions, particularly ...

Listed asset managers trail ASX 200 in 2025: Morningstar

RIDDHIMA TALWANI  |  WEDNESDAY, 22 OCT 2025
... equity analyst Shaun Ler said even though equity markets appear buoyed by optimism around further rate cuts by the US Federal Reserve, it does not necessarily translate into performance for traditional active managers. "Flow growth for our coverage deteriorated ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
The Federal Court has dismissed ASIC's claims that a former Freedom Insurance director and staff member were engaged in shocking and harmful sales tactics. Judge Goodman did not accept ASIC's claims that former director Keith Cohen and quality ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... deficiencies in its risk management framework, this time relating to anti-money laundering. In October of the following year, the Federal Court ordered Westpac to pay a $1.3 billion penalty for its breaches of the Anti-Money Laundering and Counter-Terrorism ...