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Showing 281 - 290 of 6168 results for "Money"

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
More than 4600 relevant providers have yet to meet qualification standards, according to ASIC, and have only six months to meet the deadline. An ASIC spot check of the 15,610 relevant providers listed in the Financial Advisers Register found that 6426 ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
... end. In 2024, the fund was given a 'Recommended' rating by Zenith and was named the Best New Ethical Fund at the Mindful Money Awards. "A responsible entity must have measures in place for ensuring it complies with its obligations as an AFS licensee," ...

Golden parachutes deflate rapidly for some, not all ASX chiefs

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
... failure to departing chief executives. "This was a major issue in Australia, and we saw more than $80 million of shareholders money paid to terminated chief executives in the year before the law changed." However, at the same time the termination payments ...

Future Fund cleared to manage select asset classes in-house

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
... to make transactions and manage investments internally will increase our flexibility and reinforce our focus on value for money..." However, he downplayed the development, noting that the decision to manage certain asset classes internally "shouldn't ...

Small industry super funds beat giants on trust, service, value

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
Small industry super funds lead on trust, service, and value for money, according to CoreData's annual member engagement survey. CoreData research consultant Alana Devitt told Financial Standard that members' trust in small industry funds is built through ...

Pacific workers face barriers to claiming super: University

ANDREW MCKEAN  |  TUESDAY, 17 JUN 2025
... prefer Australia to follow the New Zealand approach where superannuation is not paid at all, and instead, they get all their money paid as wages. Another PALM worker said that the superannuation funds in their country are not being managed in their best ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC is investigating Queensland financial services firm Australian Fiduciaries, which has $160 million of investor money, and seeks asset preservation orders and the appointment of receivers. ASIC believes that about 600 retail investors have invested ...

TAL scores new super fund mandate

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025
TAL has won another group insurance mandate, replacing Zurich Australia. The insurance cover for Virgin Money Super members will now be provided by TAL. The fund, which is part of the Mercer Super Trust, said it regularly reviews its insurance arrangements ...

Msquared Capital secures $150m warehouse facility with Australian bank

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
... immediate liquidity within the fund," he said. The warehouse facility is particularly comforting in the event of a run on money due to a increase demand of liquidity, he added, as it allows the warehouse to novate a loan directly from the pool into funds ...

$15m crypto scam costs former adviser 10 years

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... family and friends to a cryptocurrency-based investment scam. Between March 2022 and June 2023, she allegedly transferred the money into accounts held in her name and that of her personal company before converting it into cryptocurrency and transferring ...