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Showing 141 - 150 of 273 results for Riddhima Talwani

'No benefit in switching super': AFCA finalises FSGA lead decision

RIDDHIMA TALWANI | TUESDAY, 27 JAN 2026

The Australian Financial Complaints Authority (AFCA) has determined inappropriate advice provided by Financial Services Group Australia (FSGA) led to one client's $200,000 financial loss. In December, AFCA said it received more than 1800 complainants ...

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI | FRIDAY, 23 JAN 2026

Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ...

Netwealth's APRA-mandated governance overhaul underway

RIDDHIMA TALWANI | THURSDAY, 22 JAN 2026

Netwealth said its APRA-mandated investment governance overhaul is underway and is being led at the executive level. This was part of its agreement with ASIC in December under which it said it will repay $101 million to super members who accessed the ...

MA Financial backs FundBox's Australian expansion with $100m facility

RIDDHIMA TALWANI | THURSDAY, 22 JAN 2026

MA Financial will support the expansion of FundBox, a US fintech platform helping small and medium businesses (SMB) get fast access to capital, into Australia through a $100 million lending facility to support its local warehouse infrastructure. FundBox ...

Australian profits flat as global earnings soar to record highs

RIDDHIMA TALWANI | WEDNESDAY, 21 JAN 2026

Profits of Australia's largest listed companies remained flat in 2025, normalising after an exceptional performance in 2021 and 2022, when high metal and energy prices led to record earnings for commodity firms. The Capital Group Global Equity Study ...

Investment managers ramp up AI use in front offices

RIDDHIMA TALWANI | TUESDAY, 20 JAN 2026

Seventy percent of buy-side firms, including asset managers, pension funds and insurance companies, are adopting artificial intelligence (AI) in front offices, while more than half are scaling implementation. The 2026 Global InvestOps report from SimCorp ...

BlackRock, State Street see assets climb

RIDDHIMA TALWANI | MONDAY, 19 JAN 2026

BlackRock's assets under management (AUM) have hit US$14 trillion in the fourth quarter ending December 2025, while State Street reported a 20% jump in its AUM. BlackRock's boost in assets follows a record US$698 billion of net inflows for the full ...

First batch of specialist advisers graduate SMSFA program

RIDDHIMA TALWANI | FRIDAY, 16 JAN 2026

The SMSF Association has seen the graduation of the first cohort of specialist advisers under its revamped SMSF Specialist Adviser (SSA) accreditation. A total of 37 participants completed the program. Since its inception, more than 2300 professionals ...

Australian Ethical FUM dips on negative performance

RIDDHIMA TALWANI | FRIDAY, 16 JAN 2026

Australian Ethical has reported a decline of 1% in its funds under management (FUM) to $14.08 billion in the quarter ending 31 December 2025. The manager said the decrease was driven by negative investment performance and an inorganic institutional ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI | THURSDAY, 15 JAN 2026

In a submission to the Senate Select Committee, e61 Institute suggested replacing the capital gains discount with a fairer approach, under which individuals can spread gains over time rather than being taxed in a single year. e61 said the discount distorts ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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