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Showing 221 - 230 of 7369 results for "Marc"

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster. Where members have not nominated a beneficiary, Cbus said benefit payments will be paid to the surviving current ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August ...

AZ NGA forms strategic partnership with Qld advice firm

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
AZ Next Generation Advisory (AZ NGA) has partnered with MiQ Private Wealth to provide succession solutions for its retiring partners, while funding the group's future expansion plans. Established in 2015, the Queensland-based MiQ has over 50 employees ...

Super SA welcomes chief executive

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
Super SA recently appointed a permanent chief executive, about a year after the swift exit of Dini Soulio. Tricia Blight took over as chief executive of Super SA in July, appointed by the South Australian Department of Treasury and Finance. Blight has ...

GQG FUM rises $1bn in face of continued outflows

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025
GQG has seen funds under management (FUM) rise $1 billion from $166.6 billion in July to $167.6 billion in August. This comes despite outflows of $1.8 billion during the month - of which $1.4 billion was a result of investments in US equities. In July ...

Retirement lifestyle costs continue to rise: ASFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
According to the Association of Superannuation Funds of Australia's (ASFA) quarterly Retirement Standard, most couples around 65 wishing to live a comfortable lifestyle in retirement would need $75,319 per year. That's an increase from $73,875 in ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Mayfair 101 Group director James Mawhinney has been banned from receiving or soliciting funds related to financial products for 15 years after the Federal Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
A Supreme Court jury has found Perth businessman Chris Marco guilty of fraud following a five-week trial, after he swindled six investors out of $34 million. Marco's former executive assistant, Linda Marissen, was acquitted of all charges of fraud. ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
ASIC is persevering in its crusade against Block Earner with the Federal Court granting a special leave to appeal an April decision that found that an AFSL was not necessary to offer a fixed-yield digital asset-related product. ASIC said its appeal ...