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Showing 271 - 280 of 6169 results for "Money"

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 ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... was aware authorised representatives from Interprac Financial and Next Generation Advice 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 ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... SMSF establishment advice, which includes an assessment of related AFSL policies and procedures. The levy will also spend money reviewing on how AFSLs rely on offshore service providers and how they manage the risks. "In particular, we will look at how ...

Profile Financial Services names new chief, chair

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... transformation, and client focused innovation, Profile said. Most recently, Dooley served as chief executive of Much More Than Money. The financial advice firm said the appointment underscores its commitment to enhancing its client-centric approach and ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... balances. "If they lose less when markets fall, their income won't be as affected, so they can have more confidence that their money will last for longer in retirement," he said. "Investment balances for retirees are also being strengthened by our decision ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... dealing with or disposing of property; incurring new liabilities; and withdrawing, transferring, disposing of or dealing with money held in bank accounts. ASIC said it sought the orders to ensure Anderson and Selimaj remain in Australia to assist the ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... super fund member grew from $230 to $237 in the 2024 financial year. Elkins said: "Every dollar that's in the account is money growing for a member. But that's coming at the tradeoff of the quality of service and things like the proper level ...

Super funds given reprieve from Trump's 'Big Beautiful Bill'

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... sector has around US$450 billion invested in the United States, the single largest market outside of Australia. This is money invested in US infrastructure, equities, bonds, and other areas." Koval added that ASFA has engaged closely with the Australian ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
... climate-safe, socially responsible investments over the next five years. It also calls for greater transparency around where the money is invested, and opportunities for member consultation in this regard. "It's 2025. Investing our union's pension in ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... said. "Some funds are now also involved in activities beyond the provision of redundancy entitlements, including raising money for long service leave entitlements." In response, the regulator said it is seeking feedback on changes to the definition of ...