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Showing 221 - 230 of 6194 results for "Statement"

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... numbers through its proprietary calculator and comparing against every open fund in market. It then provided a digital Statement of Advice and assistance in switching, if needed. As first reported by The Australian, an ASIC notice shows that a liquidator ...

Perennial Partners buys Melior stake

MATTHEW WAI  |  MONDAY, 23 JUN 2025
... ensured, while now having the substantial resources of Perennial to draw from," Patterson said. King echoed Patterson's statement. "Melior is proud of the solid foundation we've established for our Australian Impact Fund and the robust investment process ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
... entity to the fund, which is managed by Artesian Capital Management. According to ASIC, the fund's product disclosure statement, target market determination and website all stated that the fund invested in green, sustainable and social corporate bonds ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC is investigating Queensland financial services firm Australian Fiduciaries, which has $160 million of investor money, and seeks asset preservation orders and the appointment of receivers. ASIC believes that about 600 retail investors have invested ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has launched another inquiry into the ASX, this time focusing on its overall governance, capability, risk management frameworks and practices. The inquiry will be led by a panel that will make recommendations to address any identified shortcomings ...

Touchstone closes flagship fund

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... Funds Management, was launched in 2015 by principals Jack Chemello, Suellen Morgan and Mary Feros. Bennelong said in a statement to Financial Standard : "After consultation with the fund's investment manager Touchstone Asset Management Pty Ltd (Touchstone) ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... intervention into loss-making IDII products helped curb a disastrous outcome that ultimately led to turnaround in 2022. In a statement to Financial Standard, APRA recently said that it continues to monitor developments around IDII but does not have any ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... engagement with policymakers to make these proposals a success," said Sophia Singleton, president of the society, in a statement. David Lane, chief executive of TPT Retirement Solutions, said his company supports the government's ambition to increase ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
Following the collapse of the cryptocurrency platform in 2019, former Blockchain Global director Liang Guo, also known as Allan Guo, is being sued by ASIC over multiple breaches of directors' duties. Guo was restrained from leaving the country following ...