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Showing 131 - 140 of 8407 results for "June"

Super Consumers appoints former regulator as chair

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
... build for the organisation's next phase." SCA thanked outgoing board member Brendan Coates, who concluded his term in June after taking up a new role at Treasury. "Brendan has brought deep expertise in economic policy, retirement incomes and superannuation ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... next phase of its growth and development. Michael Ryan has stepped down as chair of the embattled financial services firm on June 16. As of today, non-executive director David Hentschke becomes the interim chair while Floriane Allard has been appointed ...

Praemium reaches $78bn in FUA with HNW focus

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
... portfolio administration business have pushed its total funds under administration (FUA) to $77.9 billion for the year ending 30 June 2026, a 21.1% increase from FY25. Praemium's platform FUA increased 10.8% during FY26 to $34 billion, supported ...

KPMG finds new chief executive

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... has named a new chief executive, choosing to promote from within after former chief executive Andrew Yates stepped down in June in the wake of the whistleblower scandal. KPMG named chief financial officer John Sams as its new chief executive. Sams, who ...

Equities lead as Australian managed funds attract $13bn in H1

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
... February before flows stalled in March. Demand recovered in April, although investor appetite softened again through May and June. Meanwhile, fixed income funds continued it gain favour, attracting $2.7 billion in net inflows across the half. Apart from ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
HUB24 performed soundly in the quarter ending 30 June 2026, with total funds under administration (FUA) increasing 20% from the previous corresponding period to $164.3 billion. The total FUA comprised platform FUA of $139.5 billion (up 24%) and portfolio ...

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... contracts for difference (CFD) issuer Union Standard International Group and its former authorised representative was booked in June. The court ordered $156.7 million in penalties be paid by Union Standard, while $114.1 million in penalties was allocated ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... order, ASIC has specified that Australian Fiduciaries is to maintain its membership with AFCA for a further 12 months, to 19 June 2027 so that complaints about Australian Fiduciaries can still be lodged with AFCA," ASIC said. Last year, ASIC started ...

UniSuper backs tech despite AI caution

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
... superannuation fund's Balanced option returned 10.4% for accumulation members and 11.2% for pension members in the year to 30 June 2026, marking a fourth consecutive year of double-digital returns for members. Its International Shares option was ...

Another MWL adviser banned over Shield collapse

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... carrying on of a financial services business for a period of five years. Niu was authorised by MWL from 23 January 2023 to 9 June 2023. ASIC found Niu gave inappropriate advice to certain clients which was not in their best interests along with giving ...