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

Search Results

Showing 161 - 170 of 8390 results for "Los"

US equities not performing as well as they seem: UniSuper

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
UniSuper head of fixed income David Colosimo has warned that despite US share markets appearing to have performed very well over the month of October, the reality is more complex. "In October, US shares were actually quite strong, up about 2.25%. But ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
ASIC has banned another former Crown Wealth Group staffer from working in the financial services industry for showing incompetence in addressing fees-for-no-service (FFNS) misconduct. Brendan Rodwell, who was the director of Crown Wealth Group, was ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
The Australian Taxation Office (ATO) released new data revealing there is almost $19 billion in lost and unclaimed superannuation waiting to be claimed by over seven million people. ATO deputy commissioner Ben Kelly said there could be several reasons ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
Although Payday Super addresses critical issues, including the $5 billion in unpaid super, the Coalition believes the government's "rushed implementation" of the bill could hurt the economy. Payday Super, which is slated to come into effect on 1 July ...

Housing Australia Future Fund under audit

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
The government's Housing Australia Future Fund (HAFF) is being audited by the Australian National Audit Office (ANAO), Auditor-General Caralee McLiesh has confirmed in a letter to Senator Andrew Bragg. In addition, McLiesh said the ANAO is also ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
Mayfair 101 managing director James Mawhinney is appealing the Federal Court's decision to bar him from dealing in financial products for 15 years. Last month, the Federal Court upheld a previous decision to ban Mawhinney from receiving or soliciting ...

Canadian pension giant sued over alleged climate failures

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
Four young Canadians are suing the Canada Pension Plan Investment Board, claiming the fund breached its duty to invest in their interests by failing to protect their retirement savings from climate risk. The plaintiffs, Aliya Hirji, Travis Olson, Rav ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...