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Showing 1 - 10 of 4150 results for "Action"

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
... create performance pressure on active managers, and that in turn attracts even more passive flows. At a certain point, price action can become increasingly detached from the underlying fundamentals," Du Plooy said. "What makes the broader dynamic uncomfortable ...

AustralianSuper exec takes on chief executive role

ELIZA BAVIN  |  THURSDAY, 11 JUN 2026
... investments, with clients at the centre of everything we do. His track record of simplifying complexity through decisive action to achieve strong results is exactly what Lendlease needs." O'Neil said he was excited to join Lendlease at a "pivotal ...

Lack of awareness impacts retirement satisfaction: TAL

MATTHEW WAI  |  THURSDAY, 11 JUN 2026
... retired. TAL general manager, retirement and wealth Shaun Bransdon said the findings show a disconnect between engagement and action on retirement planning. "People care deeply about their financial futures and they're paying attention - but we don't ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... released last year. While most trustees reported taking steps to uplift their practices and are committed to taking further action, some demonstrated no urgency in responding at all. "We're particularly concerned that some trustees have not actioned ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... processes and systems. For the first 12 months, the regulator said it will adopt a "balanced approach". "Any enforcement action will likely be directed at misconduct that is serious or reckless in nature and not where entities are making honest attempts ...

Former Brite Advisors responsible manager banned

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
... 2020 to December 2021, and consultant between July 2022 and October 2023. The banning order marks the latest regulatory action linked to the failed advice firm. Brite Advisors was placed into liquidation in February 2024, and ASIC cancelled the firm's ...

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... appointed by them are suspended, and that their rights to receive information is suspended. IFM Investors led the legal action against Dexus with the backing of other APAC shareholders, such as the Future Fund, NSW TCorp, and Morrison-managed Utilities ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
The Council of Australian Life Insurers (CALI) said it will argue a strong case for exemption for life insurance lead generation to not be swept up into a blanket ban designed to address misconduct in other parts of the financial system. The government ...

Franklin Templeton's Western AM hit with US$100m penalty

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
... prevent its former co-chief investment officer's alleged cherry-picking scheme. The order follows the SEC's 2024 action against former Western AM co-chief investment officer Ken Leech, alleging he engaged in a multi-year scheme to allocate favourable ...

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
... currently has 14 proceedings in the Federal Court against 26 defendants relating to these issues. This includes recent action against Equity Trustees for allegedly failing to meet its trustee obligations and not act in members' best financial interests ...
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