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Showing 241 - 250 of 4873 results for "FAR"

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so far resulted in at least $500,000 in confirmed financial losses and the compromise of thousands of members' information ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... incident. AMP said it was aware of the incident affecting several funds and that it was monitoring developments closely. So far, it added that, there's no evidence of any breach or unauthorised activity on its systems. "We'll continue to closely ...

Regal leads $30m note in Carma

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
Regal Funds Management and Tiger Capital have led a $30 million convertible note in used car marketplace Carma, with participation from existing backers like General Catalyst and Five V Capital. The funding will be used to expand Carma's vehicle inventory ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... indexation, which retrospectively lowered the amounts applied in 2023 and 2024 and capped future indexation, which has, so far, decreased student loan debt by $3 billion.

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... said. Abood said, "this is concerning on many levels," warning the cost of collectively charged retirement advice would likely far exceed that of collectively charged intra-fund advice. "Members of these funds will be paying much higher amounts for advice ...

Sliver of Aussie global equity managers beat index: SPIVA

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Just 15% of active Australian global equity fund managers outperformed the benchmark, making 2024 one of the worst years for performance, the latest SPIVA Scorecard shows. Last year saw 85% of active global equity funds struggle to keep pace over the ...

Vanguard ETFs record most consistent monthly net flows: Research

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... measure." Betashares' service, however, was launched midway through Rainmaker's study period, and has likely had limited impact so far on the stability of product flows. VanEck, which had one of the largest increases of funds under management (FUM) from ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... concerned that funds were put into assets investors were not informed about and were misled on their potential returns. Thus far, ASIC found many investors were provided personal financial advice to rollover their superannuation into a retail choice ...

Super doesn't have to be 'boring', but innovation is key

ELIZA BAVIN  |  WEDNESDAY, 12 MAR 2025
... corporates of trying to move fast and embrace these new technologies and then the machine saying, 'hang on, you're going far too fast', and others who don't have that clash of culture are running faster." Maloney said the industry needs to embrace ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... when a regulator talks about factoring in perceived conflicts, care needs to be taken that we're not opening the door to far-fetched, fanciful considerations..." Barrett said. "It would be a concern if a shifting focus to perceived conflicts of interest ...