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Showing 261 - 270 of 6168 results for "Money"

1MDB mastermind found in Shanghai with Aussie passport: Reports

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
... He also reportedly holds a forged Australian passport in that name. Low is accused of being the mastermind behind a major money laundering scheme that saw close to $7 billion stolen from 1 Malaysia Development Berhad (1MDB), the sovereign wealth fund ...

North inflows jump 60%

KARREN VERGARA  |  MONDAY, 21 JUL 2025
AMP's North platform saw net inflows jump 60% in the last financial year, with $1.7 billion of client money reported in the June quarter. Total assets under management (AUM) for the platforms business, which includes Asgard platform products issued ...

Adviser exodus puts retirement savings at risk: CPA

KARREN VERGARA  |  THURSDAY, 17 JUL 2025
CPA Australia says the drastic exodus of financial advisers has put Australians' retirement money at risk, possibly leading them to invest in higher-risk schemes. According to the Financial Adviser Register, there are only 15,300 advisers left in the ...

HNWIs, family offices embracing private real estate credit

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... offices and UHNW/HNW individuals have supported private real estate credit for many years. "Generally, the family office money is the smarter money because their capital can influence lending decisions. Being private also means family offices are not ...

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
... 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 an unregistered financial adviser to provide ...

Australian Ethical FUM grows 34%

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... returns during this period. Together, this further demonstrates that ethical investing can deliver great outcomes while making money a force for good." Australian Ethical reported Q4 retail and wholesale net flows of $195 million, which it said were ...

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
... year," Walker said. "Their work has helped recover unpaid super for more than a hundred thousand of our members, getting money into their accounts and working for their future as soon as possible. "It's money that would have otherwise been missing ...

Former BBY chair charged with aiding dishonest conduct

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
... four other former BBY executives. ASIC alleges that in 2015, Rosewall was involved in BBY's use of $1.95 million of client money to pay an unrelated corporate invoice. Each offence carries the potential for up to 10 years' prison, a fine of $765,000 ...

Australian Ethical promotes pair to accelerate growth

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
... leaders who are committed to Australian Ethical's purpose of delivering exceptional outcomes for investors while making money a force for good," McMurdo said. "These appointments represent a decisive step in executing our growth strategy, with dedicated ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... Northern Trust, Commonwealth Bank, ANZ and Westpac. ASIC said there will be 19 pilot use cases, which will involve real money and real asset transactions; and five proof-of-concept use cases involving simulated transactions. The use cases will involve ...