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Showing 191 - 200 of 3445 results for "Update"

Perpetual flags $153.7m impairment

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
... is in compliance with its banking covenants and there is no impact on Perpetual's current liquidity profile." In its Q4 update in July, Perpetual flagged the continued outflows from the UK-based boutique, saying it was accelerating plans to reinvigorate ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... focus on consumer and retail investor protection. "This data shows exactly why we regularly issue consumer warnings and update our advice through Moneysmart to help empower consumers and protect them," Longo said. "This data helps us understand the trends ...

Iress hunts for new chief, takeover talks progress

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... and chief executive Marcus Price while in the thick of takeover talks with Blackstone and Thoma Bravo. Iress provided an update on Price's future with the company this morning, saying it has been "in discussions with the Iress board with regard to an ...

WAM eyes Platinum LIC

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
Wilson Asset Management (WAM) is making a play to be the investment manager of a Platinum Asset Management listed investment company, offering a non-binding, indicative proposal. WAM is proposing to take over the investment management function of ASX-listed ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
Bell Financial Group (BFG) saw net profit after tax slump by 44% in its latest performance update, dragged by market volatility impacting the broking business. The group reported NPAT of $9.3 million for its half-year to June 2025 results. The broking ...

Magellan rebrands investment business

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
In addition to overhauling its own look, Magellan Financial Group unveiled the new Magellan Investment Partners. Magellan Financial Group has refreshed its corporate branding, including a new logo, and rebranded its investment business as Magellan Investment ...

Mercer Super sued over 'longstanding and systemic' failures

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
Mercer Super allegedly failed to report seven investigations it undertook into serious member services failures, including one into premiums charged to dead members being refunded incorrectly. Lodged with the Federal Court today, the proceedings allege ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... acquirer Lederer Group for making "inaccurate assertions" about its governance and management capabilities. In providing an update on the proposed acquisition of its ASX-listed Elanor Commercial Property Fund (ECF), Elanor said it is still considering ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
A former employee of Kerr Neilson's family office, Rodney Forrest, has been charged with insider trading and procuring others to trade Platinum Asset Management shares. At Sydney's Local Court yesterday, Forrest pleaded guilty to two counts ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... carriage of the superannuation class actions and proceedings on behalf of CFSIL and AIL. In the advice space, CBA gave an update on the class action filed against Commonwealth Financial Planning (CFP), Financial Wisdom (FWL) and CMLA in August 2020 relating ...