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Showing 1701 - 1710 of 31637 results for "Australian"

University endowment mandates Osmosis

JAMIE WILLIAMSON  |  TUESDAY, 1 APR 2025
... invested in the strategy. In total, the strategy has about $2.8 billion in funds under management. It was opened to Australian wholesale investors in 2023.

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ...

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
Otivo has launched a new AI-powered advice tool that will give Australians "licensed financial advice" named Ask Otivo. The digital advice platform said the two-way, real-time advice tool is Australia's first AI-powered platform that will provide personalised ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Qantas Super and Australian Retirement Trust (ART) officially merged on March 29. About 25,000 members with $9 billion in funds under management (FUM) have moved from Qantas Super to ART. Qantas Super chief executive Michael Clancy said: "It has been ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First State), Brighter Super, Commonwealth Superannuation Corporation, HESTA, Hostplus ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... the carrying on of a financial services business until at least 23 March 2030. Thomson was a financial adviser with Australian Mortgage and Financial Advisers from 1 September 2023 to 27 November 2023, and LFG Financial Services between 28 November 2023 ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Trading platform Pearler is taking on the superannuation sector in launching Pearler Super and will shortly release HomeSoon to help young Australians maximise the First Home Super Saver Scheme (FHSSS). Pearler Super is strictly targeting young members. ...

Plenary names new chief executive

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... stake in the company. "The transaction marks the first major inbound investment from the United Arab Emirates into an Australian company since the signing of the Australia-UAE Comprehensive Economic Partnership Agreement, further reinforcing bilateral ...

WT Financial enters JV with Merchant Wealth

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
WT Financial Group has entered a 50/50 joint venture with Merchant Wealth Partners to invest in Australian financial advice practices. The newly established entity - WTL & MWP Investco (Investco) - intends to provide strategic growth capital to high-potential ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have written a damning open letter to the ASX to address their increasing concern over the management of operational risk. In a joint letter to the ASX ...