Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 211 - 220 of 3876 results for "February"

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... breaches or likely significant breaches of core obligations, and conduct constituting gross negligence and serious fraud. In February, ASIC held consultations on providing targeted relief. It received four confidential and nine non-confidential submissions. ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... This led to a payout from the Compensation Scheme of Last Resort. Brite Advisors entered court-ordered liquidation in February last year after the regulator discovered a significant shortfall in client assets.

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
... said that optimism surged in January following US president Donald Trump's election victory, but confidence waned in February as the glow of US exceptionalism faded and central banks pushed back against rate-cut expectations. That triggered profit-taking ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... Financial chief operating and technology officer Frank Lombardo took up the role to lead MUFG Retirement Solutions in February, serving as chief executive for Australia and New Zealand. This follows the retirement of Dee McGrath, who was with Link Group/MUFG ...

Uncertainty propels investors towards active managers

MATTHEW WAI  |  WEDNESDAY, 25 JUN 2025
... compared to its peers around the world. ASIC has previously addressed the issue through its discussion paper published in February, highlighting the dynamics between public and private markets, as the industry suggested increased scrutiny especially ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI  |  FRIDAY, 20 JUN 2025
... boost from easier monetary policy and predicts there will be a cut in July, followed by more in August, November and February next year.

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... investors have invested approximately $160 million into managed investment schemes run by Australian Fiduciaries since February 2020, predominantly through their self-managed super funds (SMSFs). Australian Fiduciaries offers the Global Diversified Alpha ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... Holmes has also been permanently banned from working in the industry. Ferras Merhi was the sole director of FSGA from 10 February 2021 to 30 May 2025. He is also the director of Venture Egg Financial Services and United Financial Advice. ASIC is currently ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... replacement project has met "several milestones", including opening the first industry test environment for Release 1 in February. "It's pleasing to be at the stage in our strategy where we can show steady progress of key deliverables. This is particularly ...

$15m crypto scam costs former adviser 10 years

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... suspicious of since at least October 2022, ASIC said. It is now listed on ASIC's Investor Alert List, having been added in February 2024. During this time, Rogan was a financial adviser with Fincare and an authorised representative of Private Wealth ...