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Showing 201 - 210 of 19176 results for "Act"

Acclaim Wealth appoints head of distribution

RIDDHIMA TALWANI  |  WEDNESDAY, 9 SEP 2026
Acclaim Wealth has appointed Tony Smith as head of distribution. Smith will lead Acclaim's distribution strategy, adviser engagement initiatives and business development activities nationally, with a focus on supporting existing adviser relationships ...

Three super funds fined for misleading investment options

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
Three industry superannuation funds - Australian Retirement Trust (ART), TelstraSuper and Australian Food Super - have been pinged by ASIC for misleading members about their investment options' asset allocation and performance objectives. Each super ...

State Street appoints head of Asia Pacific

RIDDHIMA TALWANI  |  WEDNESDAY, 9 SEP 2026
State Street has appointed Tim Helyar as head of Asia Pacific, effective immediately, taking the helm from Lochiel Crafter, who recently retired. Based in Hong Kong, Helyar will oversee State Street's Asia Pacific business strategy, strengthen its governance ...

Shorter CSLR payout timeframe awaits major bill passage

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
... victims. The reform is part of the Regulatory Reform Omnibus Bill 2026, which includes a proposed amendment to the Corporations Act that will reduce the disallowance period of the CSLR special levy instruments while retaining parliamentary oversight. ...

MAM acquires half of Aware Super's Victorian land registry stake

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
Macquarie Asset Management (MAM) has acquired Aware Super's 50% stake in Secure Electronic Registries Victoria (SERV), the private operator of Victoria's register of land. The superannuation fund will continue to retain and manage the remaining ...

Crole banned for 10 years after abrupt exit from Sequoia

MATTHEW WAI  |  TUESDAY, 8 SEP 2026
... of retirement funds that was put at risk. ASIC has since commenced legal proceedings against InterPrac over its failures to act in clients' best interests for recommending those products. ASIC found that Crole "was aware" of serious concerns regarding ...

Labor moves to kill non-compete clauses in productivity push

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
... a contract that prohibit post-employment restraint of trade. The government is also amending its Competition and Consumer Act to prohibit businesses from making and giving effect to no-poach agreements and wage-fixing agreements. This forms part of its ...

Active equity managers lag benchmarks: SPIVA

VINNY VUCAGO  |  TUESDAY, 8 SEP 2026
Most active equity managers in Australia underperformed their benchmarks in the first half of 2026, despite market conditions that appeared supportive of stock picking, according to S&P Dow Jones Indices' latest SPIVA Australia Scorecard. The S&P DJI ...

Diversa board backs chief executive pay rise, bonus amid First Guardian fallout

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
Diversa Trustees' board paid chief executive Andrew Peterson a bonus of $770,000 and increased his salary at the height of the First Guardian collapse, an inquiry heard, doubling down on its confidence in his leadership and suitability to lead the ...

CareSuper earns place among pension fund giants, ART breaks into top 20

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
Australian Retirement Trust (ART) has cracked the top 20 ranking of the world's largest pension funds, while CareSuper has debuted on WTW's annual Global Top 300 Pension Funds report. This year's Thinking Ahead Institute and Pensions & Investments ...