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Showing 151 - 160 of 8450 results for "Day"

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
ASIC has banned another former Crown Wealth Group staffer from working in the financial services industry for showing incompetence in addressing fees-for-no-service (FFNS) misconduct. Brendan Rodwell, who was the director of Crown Wealth Group, was ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
... compliance," Thompson said. "Still, the current settings expect employers to bear the full operational and cashflow impacts on day one, while the rest of the system on which employers rely is still being upgraded." According to Employment Hero modelling ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... founder Alex Kreger says it best: "The stark contrast between the front-office polish and back-office decay is like a modern-day Titanic - the gleaming exterior hides the lurking iceberg of legacy systems." Valuable opportunities Despite the rut the ...

Feature: Retirement | Rewarding risk

LACHLAN COLQUHOUN  |  WEDNESDAY, 22 OCT 2025
... tank with a tap installed at the top, and they want to live off the overflow and preserve what is in the tank for a rainy day. "That doesn't make sense and it's not very efficient, but many people are absolutely terrified of consuming capital ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
For much of the past year or so, there has been a great deal of focus on the superannuation industry and its processing of insurance claims, largely owing to immense delays at some of the largest institutions. Stories have emerged of the likes of AustralianSuper ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... announcement was due to a stay and confidentiality request, alongside a review of ASIC's decision, were lodged by Spooner on the same day with the Administrative Review Tribunal. The tribunal refused the request on October 20, but the review application ...

Australian Ethical appoints chief operating officer

ANGELIQUE MINAS  |  WEDNESDAY, 22 OCT 2025
... Ethical chief executive John McMurdo, Lane will become a key member of the executive leadership team, responsible for overseeing day-to-day operations while driving strategic initiatives to support growth, resilience and efficiency. Lane brings more ...

Capital Group takes stake in Qualitas

KARREN VERGARA  |  TUESDAY, 21 OCT 2025
... shares for about $52.9 million. Qualitas disclosed that the global fund manager took a significant stake in the company the day after Schwartz flagged he offloaded a portion of his holdings. Capital Group now has a 5.03% interest in the ASX-listed firm. ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
The Australian Financial Complaints Authority (AFCA) has released its Systemic Issues Insights Report for the second half of FY25. The report highlighted that delays in processing superannuation rollovers and withdrawals remain a recurring systemic ...