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Showing 281 - 290 of 5238 results for "Money101"

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Industry Fund Services (IFS) has collected more than $226 million of unpaid superannuation in the previous financial year, bringing its total recoveries to over $2 billion to date. Despite the effort, the ability to easily recover super is still a fair ...

Former BBY chair charged with aiding dishonest conduct

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
The former executive chair of defunct stockbroker BBY Limited is now facing charges in relation to BBY's misappropriation of client funds. Glenn Rosewall was charged with two offences related to aiding, abetting, counselling or producing BBY's dishonest ...

Australian Ethical promotes pair to accelerate growth

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
The ethical investment manager has promoted two executives to steer growth across its superannuation and investment management businesses. Maria Loyez has become the group executive of superannuation, while chief investment officer Ludovic Theau will ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Project Acacia - first announced by the Reserve Bank of Australia (RBA) and Treasury back in September 2024 - will now include industry participants to explore how digital currencies and existing settlement infrastructure might support the development ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Two former MWL Financial Services financial advisers who invested clients' superannuation in the Shield Master Fund have copped bans from the regulator. Matthew Simon Bradley has ceased working in financial services for eight years after ASIC found ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
The Federal Court has granted a travel restriction order against Falcon Capital Limited directors David Anderson and Simon Selimaj, as the responsible entity of the First Guardian Master Fund, following an application from ASIC. The orders prohibit ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
APRA is warning superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces ...

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

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
Section 899 of US President Donald Trump's 'Big Beautiful Bill' will be abandoned after institutional investors expressed concerns over the retaliatory tax proposal. The announcement was made by US Treasury Secretary Scott Bessent overnight ...