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Showing 221 - 230 of 2989 results for "February 2013"

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
The federal government is backtracking on one key financial adviser education requirement by scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
Generation Development Group (GDG) will acquire 100% of Evidentia Group for $320 million, as it looks to grow its foothold in the managed accounts space. The transaction will be partly funded by a fully underwritten equity raising of approximately $287.9 ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
Former financial adviser Lachlan King has been permanently banned by ASIC for stealing close to $2 million in client funds, including family members. The banning took effect on February 5, with Queensland-based King currently in prison after being convicted ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
Keybridge Capital has appointed Gideon Rathner from Lowe Lippmann Chartered Accountants as voluntary administrator, with the board blaming its ongoing feud with WAM Active (WAM). The Keybridge board said court orders being sought by WAM prevented Keybridge ...

Trump's tariff implications for Australian investors

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
US President Donald Trump has imposed a 25% tariff on imports from Canada and Mexico, and a 10% tariff on China, with the latter already in effect while the others have been delayed by one month, subject to border and drug conditions - what does this ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
The Compensation Scheme of Last Resort's (CSLR) funding model and how this impacts the businesses that support its operation will be centrepieces in Treasury's review. Treasury will also investigate how the CSLR is delivering on its intended ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
Jun Bei Liu is ambitiously setting her sights on doubling the size of her hedge fund to $3 billion as it launches under a new outfit, TenCap. On February 1, the Tribeca Alpha Plus Fund became the TenCap Alpha Plus Fund following Liu's separation ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
A former financial adviser from Western Australia has pleaded guilty to five charges related to misappropriating $1.03 million of client funds. Anthony Torre was charged with five counts of stealing and eight counts of fraud in June 2022 following an ...

BlackRock's Chantal Giles expands role

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Chantal Giles, head of wealth at BlackRock Australasia, has taken on an additional role within the US$11.5 trillion asset management firm. Effective February 1, 2025, Giles will also head up APAC strategic clients and business development. In her expanded ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
A Victorian-based self-managed superannuation fund (SMSF) auditor will remain disqualified after he failed to overturn ASIC's initial verdict. ASIC originally disqualified Nazrul Islam, of Clayton South in Victoria, from being an approved SMSF auditor ...