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Showing 151 - 160 of 34214 results for "Financial"

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

Mulino, Hogan headline 2026 SIAA Conference

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... Advisers Association (SIAA) Conference will soon unveil several, new key initiatives and research, while the minister for financial services and his counterpart will provide updates on critical reforms at the annual conference. Conducted over the last ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... it was introduced in 2021 and until last year, 108 of the 123 products that failed the test have been extinguished. Financial Services Council Blake Briggs said: "A CPI + X benchmark for a limited portion of portfolios would provide funds with greater ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Bell Financial Group (BFG) said it will continue to diversify its revenue streams to transform into a broader and more holistic wealth manager to respond to the changing structural landscape of the Australian wealth industry. It reported unaudited net ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
A recent survey conducted by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy will increase the cost of financial advice and may see a significant departure of advisers from the industry. The ...

Rest strengthens data and tax leadership with new hires

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
... Pearce as general manager of tax. Pearce will oversee Rest's tax governance and compliance framework and report to chief financial officer John O'Sullivan. Peace joins from Cbus Super, where she served as head of group tax. She previously held a director ...

HUB24 hires head of retail distribution

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
... than a decade of senior leadership experience across distribution, adviser engagement and strategic growth roles within financial services. Most recently, he served as a general manager of distribution and marketing at Resolution Life, where he oversaw ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... period and, in some cases, failed to justify the delay or inform members of their right to complain to the Australian Financial Complaints Authority (AFCA), the Federal Court found. In a judgment handed down on April 30, the Federal Court found TelstraSuper ...

Platinum Asset Management awards back-office mandate to Apex Group

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... made in New Zealand dollars and instead will be made in Australian dollars at conversion rates determined by relevant financial institutions. Although there will be no changes to how the funds are managed, Platinum increased minimum initial investment ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR  |  THURSDAY, 7 MAY 2026
... group was granted an AFSL, which allows it to provide non-cash payment facilities and operate within Australia's financial regulatory framework. It said that it has processed more than $1.5 billion in transaction volume since the product AUDD was ...