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Showing 1461 - 1470 of 34270 results for "Financial"

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... future." Last year, GESB renewed its superannuation administration mandate with MUFG Retirement Solutions. Former Insignia Financial chief operating and technology officer Frank Lombardo took up the role to lead MUFG Retirement Solutions in February ...

DASH undertakes fresh capital raise

MATTHEW WAI  |  WEDNESDAY, 25 JUN 2025
DASH Technology Group is completing a new capital raising, with its valuation surging 59%. The cloud-based financial advice and investment management platform has signed a binding legal documentation with a new, undisclosed investor as part of an ongoing ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic arrangements since the BFID was legislated, and a host of other shortcomings. ...

Shaw and Partners splashes $63m for New Zealand expansion

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
Shaw and Partners Financial Services, a subsidiary of EFG International, has acquired a 75% stake in Auckland-based Investment Services Group (ISG) for NZ$67.5 million ($62.5m). The move brings Shaw and Partners Financial Services' assets under advice ...

Life insurer chief executives step down, successor named

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... with the company for a period to support de Bruin with his onboarding. de Bruin brings 25 years' experience across the financial services sector globally, including his most recent stint at Accenture. Prior to that, he was chief executive, consumer and ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... Australia, Hurst was permitted to continue practising dentistry. Australian Taxation Office (ATO) data for the 2024 financial year shows it approved the release of more than $1 billion of superannuation on medical grounds, jumping 37% year on year. Six ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... ASIC, and have only six months to meet the deadline. An ASIC spot check of the 15,610 relevant providers listed in the Financial Advisers Register found that 6426 hold an approved degree or qualification. The remaining 4604 or nearly 30% of the population ...

ASIC calls on AFS licensees to 'step up'

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... share sale fraud risks for clients and businesses. The regulator said the fraudulent activity can have a "devastating financial and emotional impact" on the lives of those who fall victim. The updated Information Sheet 237 Protecting against share sale ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... they relentlessly focus on delivering for their members," it said. SMC also supported APRA's proposal for significant financial institutions (SFIs) to conduct independent third-party performance assessments every three years, covering boards, committees ...

Nominations open for 2025 Power50

STAFF WRITER  |  MONDAY, 23 JUN 2025
Nominations for the 2025 Financial Standard Power50 are now open as we recognise the country's most influential advisers who continue to raise the standards for the profession and provide outstanding service to clients and the wider community. This ...