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Showing 1 - 10 of 5328 results for "September 2013"

Former BBY chair charged with aiding dishonest conduct

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
The former executive chair of defunct stockbroker BBY Limited is now facing charges in relation to BBY's misappropriation of client funds. Glenn Rosewall was charged with two offences related to aiding, abetting, counselling or producing BBY's dishonest ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
ACBF Funeral Plans has been ordered by the Federal Court to pay an additional $3.5 million penalty for misrepresenting that it was Aboriginal owned or managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
In a win for ASIC, Mayfair 101 Group director James Mawhinney has been associated with or involved in contraventions of the law by his companies, the Federal Court determined. The contraventions concern the marketing of three products - the M+ Fixed ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Project Acacia - first announced by the Reserve Bank of Australia (RBA) and Treasury back in September 2024 - will now include industry participants to explore how digital currencies and existing settlement infrastructure might support the development ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
ASFA has released a new ASFA Service Standard - Claims Handling in Superannuation: Insurance and Health Related Claims, which it said is a significant step forward in improving member outcomes. ASFA said the new standard was made to guide superannuation ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
Elanor Investors is currently considering several offers, including potential takeovers, saying it has so far engaged with more than 15 interested parties as part of its strategic review. In a business update, the real estate fund manager said it is ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
The Reserve Bank of Australia (RBA) has released a consultation paper on the proposed draft guidance for the Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat ...

Talent exodus hits Zenith, Lonsec and Evidentia

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
Zenith Investment Partners will see the departure of its lead consultant, highlighting the intensifying battle for experienced asset consultants. Zenith lead consultant Steve Tang is understood to have joined colleague Ben Davis at Ascalon Capital. ...

IFM Investors chief of staff exits

JAMIE WILLIAMSON  |  MONDAY, 16 JUN 2025
The chief of staff at IFM Investors has departed after nine months in the role. Amara Haqqani was appointed as IFM Investors' inaugural chief of staff in September 2024. At the time, IFM Investors said she would be "supporting cross-organisational collaboration ...
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