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Showing 1 - 10 of 3673 results for "February"

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... recommended clients move their money to Shield. McQueen's ban took effect on June 14. ASIC said it understands that since February 2022, more than $480 million was invested in Shield by at least 5800 consumers, who accessed Shield primarily through superannuation ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
... outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support Insignia's master trust business officially ...

Payton Capital rebrands post-acquisition

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
... specialist which began late last year to aim for "extensive growth", as well as the welcoming of a new head of credit in February.

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... application from ASIC. The orders prohibit Anderson and Selimaj from leaving or attempting to leave Australia until 27 February 2026. The Federal Court also made interim orders freezing the assets of Selimaj until 27 February 2026. The order restrict ...

AMP Super delivers double digit returns in FY25

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
... shares contributed meaningfully to performance in the first part of the year - and we closed that overweight in early February, anticipating risks around US trade policy," Shelley said. "Stock selection in international equities also contributed positively ...

Evidentia assembles inaugural executive leadership team

ANDREW MCKEAN  |  TUESDAY, 1 JUL 2025
... Group, which was acquired by Generation Development Group (ASX: GDG) in August. Evidentia which was added to GDG's fold in February. Former Evidentia chief investment officer Troy Swann has been tapped to lead the investment business as executive director ...

Potential Insignia takeover edges closer

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
... Capital withdrew its bid back in May and Brookfield Capital Partners dropped out after making a single offer back in February. The most recent offer from CC Capital was $5 cash per Insignia share, valuing the wealth manager at $3.35 billion, and was ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... breaches or likely significant breaches of core obligations, and conduct constituting gross negligence and serious fraud. In February, ASIC held consultations on providing targeted relief. It received four confidential and nine non-confidential submissions. ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... This led to a payout from the Compensation Scheme of Last Resort. Brite Advisors entered court-ordered liquidation in February last year after the regulator discovered a significant shortfall in client assets.

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
... said that optimism surged in January following US president Donald Trump's election victory, but confidence waned in February as the glow of US exceptionalism faded and central banks pushed back against rate-cut expectations. That triggered profit-taking ...
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Editor's Choice

Australia an 'efficient' market for multinationals

MATTHEW WAI
A new report by Mercator by Citco (Mercator) has revealed that while multinational organisations face significantly higher operations demands in Asia-Pacific (APAC), Australia has proven to be one of the most efficient markets.

Brighter Super default members earn 11% in FY25

KARREN VERGARA
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term.

SIAA chief executive steps down

ELIZA BAVIN
Stockbrokers and Investment Advisers Association chief executive Judith Fox will step down after six years in the role.

GQG assets hit record high despite underperformance

KARREN VERGARA
GQG Partners' assets jumped $4 billion to reach a record high of US$172.4 billion for the 2025 financial year despite experiencing "short-term relative underperformance".

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John Burke

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BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
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