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Showing 131 - 140 of 4150 results for "Action"

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
... to utilise the full force of its powers to hold trustees accountable to meet this obligation." In response to the APRA action, Australian Ethical Super chair Fiona Reynolds said: "... our board is committed to building on recent changes to further strengthen ...

FX coaching platform handed additional conditions over compliance failures

MATTHEW WAI  |  WEDNESDAY, 26 NOV 2025
... UK-based entrepreneur Greg Secker in 2003; he is currently the founder of Greg Secker Foundation, and owner of Knowledge to Action and Capital Index. The additional licence conditions were imposed due to LTT's failure to lodge financial statements ...

Super funds lagging RIC obligations: Pulse Check

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
... their members' needs, compared to those who are focused on mere compliance with the covenant," the report said. "Unless action is taken, particularly by those falling behind, the quality of support provided to members approaching or in retirement ...

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
... million directly back to the company to the benefit of shareholders. It marks the second-largest settlement of a derivative action in the Delaware Court of Chancery's history in a case of this nature, the pension fund said. As part of the settlement ...

Sequoia shares dive nearly 50%

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
... the notice and then make an appropriate announcement," Sequoia said. Tan emailed Boardroom on November 13 at 10.04am to action the trading pause. Boardroom then asked the ASX at 10.11am to request a pause in trading. Sequoia said it "believes that its ...

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
... law," Court said. "Financial reporting misconduct is now an enforcement priority for ASIC and we will not hesitate to take action for reporting failures. "Today's decision show that directors can also face individual criminal consequences over their ...

Macquarie makes bid for Qube

RIDDHIMA TALWANI  |  MONDAY, 24 NOV 2025
... adverse change to Qube, and a unanimous recommendation by the Qube board. Qube said shareholders do not need to take any action in relation to the proposal at this time and it will update them on the bid in due course. Qube has appointed UBS as financial ...

Magellan global equities lead exits amid investigation

JAMIE WILLIAMSON  |  THURSDAY, 20 NOV 2025
Magellan Financial Group's head of global equities has resigned following reports alleging he was in a relationship with a junior employee. The Australian Financial Review reported overnight that Arvid Streimann was allegedly in a relationship with ...

Sequoia boasts of 'good governance' despite ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 20 NOV 2025
Sequoia Financial Group's chair has told shareholders that "good governance remains central" to how it operates and confirmed it is in talks with Netwealth and Macquarie over their decision to bar InterPrac advisers. Addressing its annual general ...

Prevention of Shield, First Guardian-like events the focus from here on: Mulino

MATTHEW WAI  |  THURSDAY, 20 NOV 2025
Establishing a framework to prevent disasters like the Shield Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia ...