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Showing 181 - 190 of 5178 results for "SEEK"

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

AMP upgrades North

ANGELIQUE MINAS  |  WEDNESDAY, 17 DEC 2025
AMP's investment platform North is launching a digital capability to enhance efficiency and client engagement. The North Interactive Wealth portal has been designed to assist advisers to increase capacity and deliver greater efficiency when engaging ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
After holding a roundtable discussion yesterday, Minister for Financial Services Daniel Mulino says all consumer-facing sub-sectors within the financial services sector, and all 23 retail-facing sub-sectors will foot the $47.3 million CSLR special levy. ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced ...

AustralianSuper kicks off $1.1bn UK living plan with acquisition

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... operational standards that meet the needs of today's students. This portfolio provides the platform with immediate cashflow as we seek to achieve scale swiftly," Butler said. The UK Living platform's first investment was a student housing development ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... administration provider," the fund said.​ "Since the transition we have worked closely with our administration provider to seek to deliver the level of service our members expect and deserve. We are committed to implementing any potential improvements ...

ASIC takes action on Spice Capital Partners, founder

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
ASIC is taking further action against Spice Capital Partners and its founder Colin Oxlade for providing unlicensed financial services and financial product advice that ultimately raised nearly $2 million from investors. ASIC alleges that Oxlade, who ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
Diversa Trustees said it will be "vigorously defending" ASIC's allegations about the role it played in moving $300 million of member money to the failed First Guardian Master Fund, arguing the managed investment scheme was "fraudulent." ASIC has ...

Prime Super awards fixed income mandate

RIDDHIMA TALWANI  |  WEDNESDAY, 10 DEC 2025
Prime Super has appointed MFS Investment Management to manage an active global fixed income mandate. The $9 billion super fund will invest in the MFS Global Aggregate Core Plus Fixed Income strategy, which seeks to outperform the Bloomberg Global Aggregate ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... Guardian. On taking action against Diversa, ASIC deputy chair Sarah Court said: "This action furthers ASIC's commitment to seek compensation for the victims of the Shield and First Guardian collapses wherever possible. Our first priority has been ...