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Showing 251 - 260 of 4295 results for "Vic"

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
Two advice licensees have paid infringement notices after they were found to have authorised advisers and had them provide personal advice while unregistered. Skye Money and Smart Financial Capital have both paid fines of $31,300 to ASIC for authorising ...

Commonwealth Super awards sustainable credit mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
Commonwealth Superannuation Corporation (CSC) is the seed investor in two new sustainable credit funds from UK-based manager Osmosis Investment Management. The fund manager has launched the Osmosis Global Credit UCITS Fund and the Osmosis Global High ...

QIC to sell partial stake in US renewable energy financing platform

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Canadian pension fund La Caisse will acquire a stake in the QIC-backed Renewa, a renewable energy land financing company located in the US, for US$200 million ($307m). QIC acquired 100% ownership of Renewa in 2022. Texas-based Renewa operates as a platform ...

Pinnacle continues North America expansion with new recruit

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
The ASX-listed investment manager has appointed a head of Canada, welcoming an executive from T. Rowe Price to continue deepening its presence in the broader North American market. Based in Toronto, Jonathan Flegg has become Pinnacle Investment Management's ...

Instos turn to risk as volatility lessens: State Street

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
Institutional investors are aggressively buying into risk as stocks are reaching new highs, likely spurred by falling market volatility as Australia sees surges in local investments, new data from State Streeet finds. The State Street Risk Appetite ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
... was a director of Wealth Effect Advisory, King Financial Group (NSW), King Financial Group (QLD) and King Financial Group VIC (collectively known as the King Financial Group). Following its investigation, ASIC found that King is not a "fit and proper" ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Shine Lawyers filed a class action against AMP this week alleging AMP Superannuation has slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
AMP has been served two separate legal proceedings; one a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary ...

HMC Capital appoints to C-suite

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
... to merge two energy platforms acquisitions into one. HMC said the acquisition of Neoen Australia's Victorian assets (Neoen VIC portfolio) has seen settlement deferred by one month to 1 August 2025. Once settlement is complete HMC said it intends to merge ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
The average superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and ...