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Showing 1 - 10 of 7103 results for "June 2023"

ASIC sheds light on voluntary administration outcomes

VINNY VUCAGO  |  TUESDAY, 7 JUL 2026
ASIC has published its first comprehensive review of voluntary administration (VAs) and deeds of company arrangement (DOCAs). The review found the restructuring process continues to play an important role for larger and more complex businesses, while ...

June adviser exam registers 72% pass rate

KARREN VERGARA  |  MONDAY, 6 JUL 2026
ASIC reported a 71.7% pass rate in the latest round of financial adviser exam results. Some 209 people sat the exam, including 137 first-timers, in June. Of the first-timers, 75.9% or 104 passed the exam. To date, 22,748 individual candidates have sat ...

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
ASIC has cancelled the Australian Financial Services Licence (AFSL) of Capital Guard after finding that it had engaged in dishonest conduct, including the selling of a fake bond and providing false documents to its auditor. ASIC said the licence was ...

Vanguard delivers double-digit returns, Rest comes just shy

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
Rest and Vanguard both reported solid returns as global equities continue to underpin portfolio performance despite ongoing market volatility. Rest's flagship MySuper Growth option returned 9.81% for the year to June 30, marking the fourth consecutive ...

MaxCap appoints chief executive

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
MaxCap has named deputy chief executive and chief financial officer Kylie Robb as chief executive, effective July 1. A MaxCap spokesperson told Financial Standard Robb was brought into the business in the deputy chief executive role two years ago with ...

Investors Mutual founders launch new venture

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
The former investment director and founder of Investors Mutual (IML) Anton Tagliaferro is launching a new fund management business, focussing on small caps, with a new fund already made available for investors. Fundamental Investment Management's ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
A former Western Australian company director has pleaded guilty to dishonestly using his position to misappropriate more than $1.5 million raised from investors, who were told their funds would be invested in foreign exchange trading. Trent Bowden appeared ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

HMC, KKR tie up receives ACCC approval

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
The partnership between HMC Capital and KKR, in which the latter will commit $603 million, has been given the good to go by the Australian Competition and Consumer Commission (ACCC). The Foreign Investment Review Board (FIRB) has also approved the deal. ...

Lendlease divests from UK build-to-rent asset

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
Lendlease has divested out of its build to rent (BTR) assets in the UK to Greystar. The divestment alongside its partner Canada Pension Investment Board (CPP Investments) consists of a portfolio of 904 residence at Elephant Park in South London. The ...
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