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Showing 191 - 200 of 3446 results for "Stake"

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...

RBNZ appoints Swedish central banker as governor

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
The Reserve Bank of New Zealand has appointed Anna Breman as its new governor for a five-year term from 1 December 2025. Breman comes to the role after serving as the first deputy governor of the central bank of Sweden since September 2022. She has ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
The government is inviting industry feedback on its proposed legislation to develop a fit-for-purpose digital asset regime to better regulate platforms that hold digital assets. The draft legislation introduces two new financial products within the ...

Younger generations drive SMSF sector growth: Class

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
... contrast to the dramatic drop in new fund establishments by Baby Boomers," said Ciara Conway, general manager of super at Stake. Conway noted that the rising adoption of SMSFs by young people is inherently linked to the popularity of exchange-traded ...

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... of it will be held by L1 Capital shareholders. L1 Capital co-founders Mark Landau and Raphael Lamm will each have a 33% stake, while Platinum founder Kerr Neilson will get 3%. The deal entitles Platinum shareholders to 100% of the management and any ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
Stakeholders have welcomed the findings of ASIC's interim report on Australia's private credit sector, saying it serves as a timely call for greater transparency. The report found there are many improvements to be made in the sector, particularly in ...

Vale Rupert Smoker

MATTHEW WAI  |  TUESDAY, 23 SEP 2025
Evolution Trustees chief executive Rupert Smoker has passed away at the age of 47. Smoker co-founded Evolution Trustees almost a decade ago and served as chief executive. He was well known in the financial services industry, particularly through his ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ...

Zenith reaffirms Metrics ratings amid doubts

MATTHEW WAI  |  WEDNESDAY, 17 SEP 2025
... an ongoing process that they've had to evolve," Sebire said "The Korean National Pension Service (NPS) just took a 4% stake in Metrics... you would hope that the NPS did a lot of due diligence in terms of understanding the framework and whether that ...

Brighter Super investments chief to step down

KARREN VERGARA  |  WEDNESDAY, 17 SEP 2025
Brighter Super's chief investment officer has decided to semi-retire and will step down from the post on December 5. Mark Rider has been leading the investments team for the last four years. He was appointed chief investment officer at LGIAsuper ...