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Showing 151 - 160 of 4058 results for "PAI"

CSLR publishes paid claims details

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
The Compensation Scheme of Last Resort (CSLR) has made 551 payments totalling $54 million since it began operating, some 291 of which were made in relation to Dixon Advisory. The overwhelming majority of payments relate to personal financial advice ...

GIM director slapped with travel restraints

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
Global Investment Marketing (GIM) director Darren Geddes has been barred from leaving the country for the next six months as ASIC alleges he misappropriated money via a sham bond investment scheme. ASIC did not provide details behind its allegations ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
ASIC has released the interim report from its review into the nation's $200 billion private credit market, which it says could pose a systemic risk to many investors if a downturn were to occur. The review has so far found that while most investors ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

Australian investors undeterred by global market turbulence

ANGELIQUE MINAS  |  WEDNESDAY, 17 SEP 2025
Recent surveys indicate that Australians are not deterred by tumultuous global issues when making their investment decisions. A recent online survey by wealth app Sharesies revealed Australians remain confident in their investments despite global uncertainties. ...

Supply and demand dynamics shift PE secondaries landscape: bfinance

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
Private equity secondaries transactions are ramping up, as investors are consciously seeking external fund managers for their expertise in navigating changing conditions. bfinance's Sector in Brief: Private Equity Secondaries report noted that both ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster. Where members have not nominated a beneficiary, Cbus said benefit payments will be paid to the surviving current ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
While the Institute of Public Accountants (IPA) supports sensible reforms to make superannuation "more equitable", it - like many industry bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges ...

360 Capital receives takeover offer from TT Investments

MATTHEW WAI  |  MONDAY, 15 SEP 2025
The ASX-listed investment manager 360 Capital Group (ASX: TGP) is considering an off-market takeover bid from TT Investments for all its securities at $0.30 cash per stapled security. Acting on behalf of TT Investments, K&L Gates has this morning disclosed ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
Aware Super has unveiled a slew of investment and administration fee changes for members. Members in the retirement option recently saw their administration fees drop from 0.23% to 0.17% with the annual cap also reduced from $1500 to $1300. There was ...