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Showing 241 - 250 of 3919 results for "February"

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... person, is not adequately trained or competent and is likely to contravene a financial services law," ASIC said. Since February 2022, more than $480 million have been invested in Shield by at least 5800 consumers, predominantly through super platforms. ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... Capital withdrew its bid back in May and Brookfield Capital Partners dropped out after making a single offer back in February. Bain Capital initially placed a takeover bid to acquire all of Insignia's shares at $4 cash per share late last year ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... Capital withdrew its bid for Insignia in May while Brookfield Capital Partners dropped out after making a single offer in February. Private equity firm CC Capital was founded in 2016 by Chinh Chu and Douglas Newton. Its portfolio includes annuities and ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... difference and deliver an exceptional experience for ART and its members." Sunsuper and QSuper merged to become ART on 28 February 2022. In 2015, Sunsuper announced it extended its partnership with AIA to 2020 and continue to provide death, total permanent ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... appeal to the Full Federal Court overturning part of an earlier decision in relation to the two entities handed down on 29 February 2024. The matter was remitted to the Federal Court for a decision on the appropriate penalty, ASIC said. ASIC is not to ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... 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 a combined penalty of ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... recommended clients move their money to Shield. McQueen's ban took effect on June 14. ASIC said it understands that since February 2022, more than $480 million was invested in Shield by at least 5800 consumers, who accessed Shield primarily through superannuation ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
... outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support Insignia's master trust business officially ...

Payton Capital rebrands post-acquisition

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
... specialist which began late last year to aim for "extensive growth", as well as the welcoming of a new head of credit in February.

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... application from ASIC. The orders prohibit Anderson and Selimaj from leaving or attempting to leave Australia until 27 February 2026. The Federal Court also made interim orders freezing the assets of Selimaj until 27 February 2026. The order restrict ...