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Showing 181 - 190 of 3875 results for "February"

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... about $155 million, ASIC said. This was done via a "low cost advice project" the firm ran between September 2021 and February 2024, receiving referrals from lead generators. ASIC said the firm was incentivised to recommend Shield and failed to adequately ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... terminated KKR transaction. "Following the decision to terminate the agreement for a scheme of arrangement with KKR in February 2025, Perpetual determined to continue internal separation of its three businesses in order to simplify its business, as well ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... private markets to support Australia's needs, not just for tomorrow but for the next five to 10 years," ASIC wrote. In February, ASIC laid out its concerns in discussion paper, Australia's evolving capital markets, the dynamics between public and ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... Trustees approved the four classes of Shield as investment options on the NQ Super and Super Simplifier platforms. In February 2024, ASIC halted new offers of investments in Shield. ASIC made interim stop orders on four product disclosure statements ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... its research revealed 36% of Australians have not made a binding nomination, ASIC report 808 - which was released in February - suggests that only 12% of members have a binding nomination. "While the sample groups and sizes for these two studies are ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... responsible entity Cache Group shows that it became aware of "potential financial irregularities" in the portfolio in February. The notice, dated March 25, states that Cache made enquiries about the issues alongside the investment manager, Healthbridge ...

Evidentia names chief risk, operating officer

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... Development Group's (GDG) acquisition of the Lonsec Group in August 2024. GDG then acquired Evidentia for $320 million in February 2025. Michael Wright, who was named chief executive to lead Evidentia, commented on Komadina's appointed: "His deep operational ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... September 2015 and served as chair of the investment committee before commencing as chair of the superannuation fund in February 2018. He oversaw the merger with QSuper and the establishment of ART and subsequently became chair of ART in October 2022. ...

Fiducian FUA reaches $5bn

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... past year 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 ...

Funds SA finalises investment team overhaul

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... a realignment of the investment team. When Con Michalakis arrived to take on the role of chief investment officer in February, he was handed a "blank sheet" to formulate his ideal investment team, Funds SA chief executive John Piteo and Michalakis told ...