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Showing 301 - 310 of 2598 results for "WAI"

Most read in 2025: Financial advice

STAFF WRITER  |  FRIDAY, 19 DEC 2025
There was no shortage of news impacting the financial advice community this year, with advisers bearing the brunt of negative sentiment in the wake of First Guardian and Shield collapses. But there were some bright spots throughout the year, including ...

Receivers appointed to First Mutual Private Equity

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
The Federal Court has appointed receivers for the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton over allegations investor funds were gambled. Robert Woods and Salvatore Algeri of Deloitte SRT have been appointed ...

Perpetual extends exclusive talks for wealth management sale

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
Perpetual has extended the exclusivity deed with Bain Capital Private Equity to Q1 next year. In an ASX announcement this morning, Perpetual said while discussions are progressing well, there is no certainty of reaching a binding agreement, or that ...

ASX-listed companies at breaking point: Alvarez & Marsal

MATTHEW WAI  |  WEDNESDAY, 17 DEC 2025
Australia's corporate distress levels have increased by almost 50% across most industries since the pandemic, due to elevated interest rates, persistent inflation and sector-specific vulnerabilities, new research indicates. The inaugural Australian ...

TAL enhances TPD offering, support for self-employed customers

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
TAL has introduced a new total and permanent disability (TPD) support option to its flagship retail product and implemented additional support for self-employed customers around income protection. The integrations follow TAL's partnership with SANE ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
ASIC has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets. The updated Regulatory Guide 181 AFS Licensing ...

Aberdeen to acquire $3bn worth of MFS funds

MATTHEW WAI  |  MONDAY, 15 DEC 2025
Aberdeen Investments has reached an agreement with MFS Investment Management to acquire nine MFS funds to create two separate closed end funds. Aberdeen Investments has reached an agreement with MFS to acquire the management of nine closed end funds ...

AustralianSuper names chief platforms officer

MATTHEW WAI  |  MONDAY, 15 DEC 2025
AustralianSuper has shifted its chief technology officer to the newly created role. Mike Backeberg will lead the fund's technology, digital and data services strategy, and has been managing AustralianSuper's member operations and data and technology ...

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and the Scams Policy Template, are now available and ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...