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Showing 171 - 180 of 3847 results for "Plans"

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
ACBF Funeral Plans has been ordered by the Federal Court to pay an additional $3.5 million penalty for misrepresenting that it was Aboriginal owned or managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... development. In May 2020, IPO Wealth went into receivership. Mawhinney told Financial Standard at the time that development plans for Dunk Island were not impacted by the receivership. Mayfair Group described itself in a corporate brochure as a London-based ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... review and terminated several funds, including the Dexus Core Property Fund and the Regional Property Fund. AMP said it also plans to defend these proceedings. Commenting on the case, a Dexus spokesperson told Financial Standard : "Dexus continues to ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... the Elanor Investment Fund, with the same board of directors as Elanor Investors Limited. Finally, Elanor said it still plans to commence a search for a chief executive, following the departure of Glenn Willis in September 2024. It said it will do this ...

First Sentier Investors chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... executive is leaving at the end of the year. After seven years with First Sentier Investors, Mark Steinberg has announced he plans to step down. Confirming the news, a First Sentier spokesperson said: "To ensure a seamless transition, a comprehensive ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... damage to consumers from $500 to $1000. If a breach satisfies all these thresholds, it is not deemed reportable to ASIC. ASIC plans to publish dashboards containing firm-level reportable situations and internal dispute resolutions (IDR) data later this ...

Regal Partners adds to stable, plans hotels strategy

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
Regal Partners has bought a stake in a Sydney-based real estate investment manager, as well as acquiring an Adelaide hotel to seed a new strategy. Regal Partners now owns 50% of Ark Capital Partners, a specialist hotel investment and asset management ...

Pension leaders urge US 401(k) plans to embrace private markets

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
... security. Participants broadly agreed that real estate represents the most natural bridge to private market exposure in U.S. DC plans - offering stable income, inflation protection, and alignment with participant familiarity and public policy goals. ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... According to the index, the best option for a 30-year-old woman on an income of $105,000, with a balance of $60,000 and plans to retire at 67 was AustralianSuper's High Growth option. Other strong options were HESTA High Growth, Sunsuper Growth ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... chief executive Amin Rajan said the "profit dynamic is worsening with the rise of passive funds." "Defined benefit pension plans are now derisking with ageing demographics. The investor base is shifting towards a new generation of digitally savvy investors ...