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Showing 211 - 220 of 5854 results for "July"

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... Earner product was indeed a financial product and that Block Earner engaged in unlicensed financial services conduct. On 9 July 2024, Block Earner cross-appealed the Federal Court's decision that it needed an AFSL to offer its Earner product. In ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... recently, Crole told Sequoia Financial Group investors that "proactive action" was taken in closing new business in Shield in July 2023 and First Guardian in December 2023. Both Venture Egg and Reilly Financial were placed on a compliance vetting in ...

Two CBA class action appeals dismissed

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
... business with those customers. The Zonia class action began on 9 October 2017, whilst the Baron class action started on 2 July 2018. ASX-listed Omni Bridgeway (formerly IMF Bentham) funded the 2017 shareholder class action against CBA together with Maurice ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
Global cryptocurrency exchange Binance appoints a new head of APAC after Vishal Sacheendran left the business in July. SB Seker, who previously worked as senior VP at Crypto.com, will lead the group's Asia Pacific operations, bringing with him a ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... Balanced option and ANZ Australian Staff Super's ABP Balanced Growth option each delivered 10.4% p.a. in the three years to July. HESTA's Income Stream Balanced Growth is not far behind with 10.2% p.a. Over a 10-year timeframe, UniSuper and HESTA achieved ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... scheme to attribute loss more broadly means the advice industry is "unreasonably expected" to carry the bulk of the load. In July, the CSLR updated its levy estimate for FY26, calculated at $75 million - $67 million of which is to be paid by the advice ...

AXA IM Alts expands affordable housing strategy

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... business unit of AXA Investment Managers and part of the BNP Paribas Group following the completion of its acquisition on July 1.

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... licence of Metal Alpha on 19 May 2022, as it ceased to carry on a financial services business. Trevillian was arrested on 20 July 2023 and subsequently sentenced to three years' imprisonment for misconduct in November last year, after pleading guilty ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... had asked for stay and confidentiality orders but later withdrew that request. The review application was heard on June 30, July 1 and July 2 and the decision has been reserved, ASIC said. UGC collapsed in July 2024 and was ordered to be wound up on ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... representative of Sequoia Financial Group's InterPrac Financial Planning. The court slapped travel restraint orders on Merhi in July to stop him from leaving the country until 12 December 2025 or until further order of the court. Clients of Merhi ...