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Showing 151 - 160 of 6560 results for "Review"

Superhero Super shutters lifestage options

MATTHEW WAI  |  WEDNESDAY, 28 JAN 2026
Following a thorough review, the super fund will remove its lifestage investment strategy (LIS) options from February 13, saying the move will improve the financial future of its members. The Sand LIS, Coral LIS, Ocean LIS, and Sky LIS will be removed ...

Former UGC adviser's appeal against ASIC ban accepted

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
... Capital (UGC) financial adviser has had his banning order shrunk by half after a successful appeal to the Administrative Review Tribunal. Milutin Petrovic was banned from providing financial services or performing any function within a financial services ...

'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 ...

Openmarkets to merge, list on Nasdaq

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
Trading and wealth management technology provider Openmarkets has entered a plan to merge with Lake Superior Acquisition Corp - a publicly traded special purpose acquisition company (SPAC). Upon completion of the merger, the newly combined entity will ...

Ascalon turbocharges team with Zenith hire

ELIZABETH FRY  |  THURSDAY, 22 JAN 2026
Ascalon Capital is expanding its institutional advice offering with the appointment of an executive general manager of asset consulting. The consultant has confirmed the appointment of Steven Tang who brings experience in portfolio construction, investment ...

Shadow Minister for Financial Services Pat Conaghan resigns

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
... now, the CSLR is constantly running out of money, and almost a year after the government announced a post-implementation review, it still has no credible plan to stabilise the scheme. Once again Labor's solution is a bigger tax," he said. Conaghan ...

Netwealth's APRA-mandated governance overhaul underway

RIDDHIMA TALWANI  |  THURSDAY, 22 JAN 2026
... with positive feedback from stakeholders on its resolution approach. APRA highlighted the need for an independent expert review of all of high-risk options currently on Netwealth's investment menu, as well as reviewing all investment options against ...

Insignia sees $1.5bn inflows, updates on CC Capital takeover

ANGELIQUE MINAS  |  THURSDAY, 22 JAN 2026
... work on the scheme booklet, including the independent experts report, is well-advanced and will be shared with ASIC for review in due course. Insignia entered into a Scheme Implementation Deed in August last year to be acquired by New York-based CC Capital ...

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
... substantial compliance improvement across Australia's contracts for difference (CFD) sector following a whole of industry review. CFDs allow investors to speculate on the price movements of assets such as shares, currencies or commodities, without ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
The Australian Financial Complaints Authority (AFCA) has finalised its review of MWL Financial Services' lead decision, confirming the business, which is in liquidation, did not act in the complainant's best interest. In December, AFCA unveiled the ...