Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 440 results for "Guardian"

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... complaints jumped 18% in the 2025 financial year, thanks to the failures of United Global Capital, Shield Master Fund, First Guardian Master Fund and Brite Advisors. This is according to the Australian Financial Complaints Authority (AFCA), which took ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... said. "Further, and most importantly, these numbers do not include any allowance for the impact of either Shield or First Guardian, although numerous announcements by ASIC suggest these are very substantial matters where financial advice complaints are ...

Janus Henderson finalises strategic partnership with life insurer

MATTHEW WAI  |  THURSDAY, 3 JUL 2025
Janus Henderson has commenced its strategic partnership with The Guardian Life Insurance Company of America (Guardian), set to manage Guardian's US$45 billion ($68bn) investment grade public fixed income portfolio. The partnership was initially ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... downfall of Australian Fiduciaries, ISG, and United Global Capital (UGC), as well as the Shield Master Fund and First Guardian Master Fund in recent years has come to a head for ASIC, which has recently ramped up its policing of high-pressure sales tactics ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... order against Falcon Capital Limited directors David Anderson and Simon Selimaj, as the responsible entity of the First Guardian Master Fund, following an application from ASIC. The orders prohibit Anderson and Selimaj from leaving or attempting to leave ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the industry. ...

State insurer names new CIO as government review looms

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
New Zealand's NZ$50 billion no-fault accident compensation scheme has appointed a new investment chief amid scrutiny. The Accident Compensation Corporation has appointed David Iverson as chief investment officer of its NZ$50bn fund as the state ...

NZ Super appoints inaugural chief operating officer

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
The Guardians of New Zealand Superannuation, manager of NZ Super Fund, has promoted Paula Steed to the newly created position of chief operating officer. The appointment combines Steed's current role of general manager technology and general manager ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
Following the order to freeze the assets of the First Guardian Master Fund and its responsible entity Falcon Capital last month, the Federal Court has ordered both the fund and the entity to be wound up. In response to a petition by ASIC, the court ...

Janus Henderson to take on $75bn fixed income portfolio

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
Janus Henderson has entered a strategic partnership with The Guardian Life Insurance Company of America (Guardian) to manage its $75 billion (US$45 billion) investment grade public fixed income portfolio. As part of the partnership, Guardian investment ...