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Showing 161 - 170 of 4147 results for "April"

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... permanently suspended from providing any functions of a financial services business. An ASIC investigation found that, between April and October 2019, Trevillian forged four portfolio performance verification reports with false investment returns related ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... Attempted credential stuffing attacks on Cbus, Insignia Financial, Hostplus, AustralianSuper and Australian Retirement Trust in April put into question just how seriously trustees were taking their cybersecurity obligations under CPS234. The coordinated ...

Fiducian FUA reaches $5bn

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... and generated higher income streams despite the 17% peak-to-trough fall in Australian share markets between February and April, which truncated monthly revenue for those months," Singh said. He added that the "board's aim remains to build scale and ...

Special feature: Hunting for value

LACHLAN COLQUHOUN  |  MONDAY, 18 AUG 2025
... bond market sell-off that followed US President Donald Trump's 'Liberation Day' tariff announcements was in April, but in August that already seems like another world. Since then, investors have had to deal with a short conflict between Israel ...

Funds SA finalises investment team overhaul

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... externally. Cameron Sinclair has been named deputy chief investment officer. Sinclair replaces Matthew Kempton who left in April and is now head of equity strategies at Cbus. "You tend to get dragged all over the place as an investment chief and you ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... should seek regulatory guidance from ASIC." "We put forward a couple of options and had a follow-up meeting with ASIC in mid-April. They confirmed that they did not consider alternative options existed within the primary legislation and were definitive ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... the moment. "Greater certainty around US tariff policy is emerging, with tariff rates less onerous than feared in early April. In Australia, the main risk is a failure of households to lift spending as their incomes continue to rebound, though lower ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... against CFSIL and the Colonial Mutual Life Assurance Society (CMLA) with AIA Australia joining as the third respondent in April 2021. The class action alleges that CFSIL did not act in the best interests of members and breached its trustee duties when ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... ASIC counts that losses from the two managed investment schemes mount to $1 billion for about 11,000 investors. Since 7 April 2025, Sequoia added that InterPrac "continues to fully cooperate with an ongoing ASIC investigation into the failed Shield Master ...

WT Financial's Investco makes acquisition

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... acquisition and the establishment of its second "Hubco". Titan Advice Group (TAG) - which was formed as the first Hubco in April - has announced the acquisition of Rushby Financial for $2.8 million. Settlement is expected to be completed by October 1 ...