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Showing 201 - 210 of 6142 results for "Money"

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... institutional client will pull about $580 million from Platinum Investment Management. The unnamed client will take the money out of the Platinum Trust Funds over the course of October and November following a manager review. "It is expected the redemption ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
... Neil Macdonald said. He added that the many clients involved will likely feel betrayed and dismayed that they have lost money and "it doesn't appear as though anyone is interested in finding out why." "Finally, the findings from this inquiry would ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

ESG labelling could 'destabilise' super system: RIAA

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... Estelle Parker said. "For consumers, it leaves people with fewer options, higher costs, and less clarity about where their money is invested." RIAA wants to see the introduction of a principles-based regime, with Parker saying product labelling "must ...

Perennial Partners takes stake in boutique fund manager

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... established in November 2022 and invests in a concentrated portfolio of high-growth companies, namely, Rocket Lab, Coinbase, Money Forward, Xpeng, Mercadolibre, Nvidia, Axon Enterprise, Tesla, Lumine, and CATL. Aiming to outperform the MSCI All Country ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... super does business for half a decade now, it exists as a tool to help members make good decisions about where to put their money and to ensure that underperformance can be dealt with at a system level. When we have strong regulation and good transparency ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
... Zealand, with the Federal Court making interim asset preservation orders against her in 2014 as investigations into where the money had gone kicked off. She voluntarily returned in 2015 for a hearing with ASIC at which she was permanently banned before ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's anti-money laundering and counter terrorism financing (AML/CTF) controls, prompted by several issues including Binance's latest ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Healthbridge Capital investors have been locked out of their money since March amid a liquidity crunch as corporate regulator ASIC stays mum about its knowledge or investigation into the potential collapse of another managed investment scheme. A significant ...

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... government mandate for our retirement, so there needs to be greater protections around it to ensure people don't lose their money like what's happened with First Guardian, Shield Master Fund, and Australian Fiduciary," O'Halloran said. "There's a silly ...