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Showing 121 - 130 of 8907 results for "Sep"

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
Challenger is part of a consortium that is attempting to acquire ASX-listed Pepper Money, in a deal that values the non-bank lender at about $1.16 billion. Pepper Group ANZ HoldCo and Challenger confirmed media speculation that they are engaging in ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
David Valvo, the former financial adviser, amateur comedian and celebrity impersonator who was convicted on fraud charges last year, has been permanently banned by ASIC. Valvo was convicted last year of engaging in dishonest conduct after he stole $110,000 ...

Macquarie AM to acquire Last Mile Infrastructure and Energy Assets Group

ANGELIQUE MINAS  |  FRIDAY, 6 FEB 2026
Macquarie Asset Management (MAM) has announced it will up its stake in Last Mile Infrastructure by 50%, buying out Municipal and General (M&G) infrastructure private equity investment arm Infracapital. The deal will make MAM-managed funds the complete ...

Future Group rejigs investment team

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
Future Group has reshuffled its investment leadership, appointing a new chief investment officer and shifting its incumbent investment lead into a strategist role. Joe Fernandes joins the group after five years at Australian Unity, where he most recently ...

Former AMP adviser banned over false documents

JAMIE WILLIAMSON  |  THURSDAY, 5 FEB 2026
A Melbourne-based financial adviser is permanently banned from the industry after signing documents on clients' behalf without their knowledge. Patrick Nong was found to have engaged in conduct in misleading or deceptive conduct in relation to a financial ...

Future Fund adds $30bn to FUM in 2025

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
The Future Fund returned 12.4% in the 12 months to 31 December 2025, adding some $29.54 billion to funds under management (FUM), ending the year at $267.4 billion. The long-term return also exceeded the fund's mandate target (7%), coming in at 8.5% ...

Interprac ordered to pay $120k over Shield advice, blames Macquarie

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
Interprac Financial Planning will need to pay approximately $120,000 in compensation to a complainant over inappropriate advice provided in relation to the Shield Master Fund, the Australian Financial Complaints Authority (AFCA) lead decision reveals. ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
The Treasurer has appointed a new chair to replace Joe Longo who will serve a period of five years starting on June 1. Sarah Court has been promoted to the top role after serving as deputy chair. Treasurer Jim Chlamer said the Albanese Government will ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
Australian Unity Funds Management (AUFM) admitted it breached design and distribution obligations (DDO) regarding its Select Income Fund and has been slapped with a $7.125 million fine by the Federal Court. Hundreds of retail investors were led to believe ...

Transfer balance cap to rise to $2.1m

JAMIE WILLIAMSON  |  FRIDAY, 30 JAN 2026
Following the release of the Consumer Price Index (CPI) figures this week, the superannuation transfer balance cap (TBC) will increase on July 1. Australian Bureau of Statistics (ABS) data showed CPI rose to 3.8% in the 12 months to December 2025, up ...