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Showing 211 - 220 of 4450 results for "October"

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
... technology solutions from Equity Trustees (EQT) namely drove the migration amounts. About $1.5 billion was migrated from EQT in October 2024. Over FY24 and FY25, about $5.3 billion of FUA was migrated from EQT products to HUB24 and have now finalised. ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... appeal. The matter was remitted back to the Federal Court for another hearing, which was heard before Justice Button between October 2024 and February 2025. On 22 December 2021, the Federal Court ordered four companies in the Mayfair 101 Group to pay ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... which was deemed a medium-high risk investment. Bradley was an authorised representative of MWL Financial Services from 11 October 2017 to 27 December 2021, and from 28 March 2022. ASIC found that Bradley's Statements of Advice (SoA) to certain clients ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... at least six months after it was first identified. It is alleged that the misconduct occurred between January 2022 and October 2023, affecting 14 Lighthouse Partners clients. As a result, the conduct was not investigated, and Lighthouse Partners failed ...

Activist investor hires distribution lead

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
... investor base," said Sandon Capital founder and chief executive Gabriel Radzyminski. Before joining Morgan Stanley in October last year, Dorney served as executive director at MSCI, a director at asset manager BlackRock and worked with the credit analysis ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... director, shareholder and adviser at Lighthouse Partners in Redcliffe, Queensland. ASIC alleges that between January 2022 and October 2023 Lighthouse Partners engaged in fees for no service conduct in relation to 14 clients. While she was on leave for ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... are very concerned about that, and we are investigating [as ASIC has previously flagged at a parliamentary hearing last October]... We are certainly investigating Macquarie and Equity Trustees and considering what options ASIC has available to them to ...

Banned director sentenced for running financial services firm

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... he was found to be continuing to run one firm, Financial Circle. At the time, he was charged with four offences, but in October 2022 pleaded guilty to one rolled-up count of managing a corporation while disqualified. He was convicted in 2023 and fined ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... institutions (SFI) takes effect today, non-SFIs have another 12 months to meet the business continuity and scenario analysis. By October 1, SFIs must provide APRA their material service provider register (MSP). Linda Elkins, KPMG Australia's national ...

Betashares gearing up to expand Wealth Builder product suite

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
... assets. A third fund, the Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (ASX: GNDQ) was launched in October last year. GNDQ has returned 13.49% since inception versus the Nasdaq 100 (AUD)'s 10.71% and reeled in $36.2 million in ...