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Showing 321 - 330 of 7408 results for "MAI"

HESTA changes investment fees

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
HESTA has reduced investment fees across its ready-made investment options in the last financial year and announced a lower minimum balance for accessing Income Stream products. The investment fee reductions were across HESTA's top four ready-made ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
ASIC issued two infringement notices to the industry fund for misleading statements it made after charging more than 2000 members for insurance cover they were not supposed to have. The regulator said Rest made false or misleading representations in ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ...

Crypto providers to hold AFSL under proposed laws

MATTHEW WAI  |  THURSDAY, 25 SEP 2025
The government is inviting industry feedback on its proposed legislation to develop a fit-for-purpose digital asset regime to better regulate platforms that hold digital assets. The draft legislation introduces two new financial products within the ...

First Sentier names chief executive

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
First Sentier Group has appointed Harry Moore to replace outgoing chief executive Mark Steinberg who steps down at the end of the year. "We are very pleased to make this an internal appointment. Harry brings significant experience from his various senior ...

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
Super Members Council (SMC) has urged Treasury to simplify the retirement system, saying it is too complex. The comments come as a response to Treasury's consultation paper on best practice principles. SMC said it broadly supports the intent of ...

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
A former Income Asset Management (IAM) employee has funnelled $1.5 million from the company using a bank account used by a "minority sub-custodian". IAM said it suspected fraudulent transfers made from a bank account maintained by its previous sub-custodian ...

La Trobe shuts online portal access

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
La Trobe Financial chief investment officer Chris Paton has assured investors their money is "safe" after ASIC issued interim stop orders on the 12 Month Term Account, 2 Year Account and US Private Credit Fund Class B products. In response to the orders ...

National decline in retirement confidence: AMP

ANGELIQUE MINAS  |  MONDAY, 22 SEP 2025
AMP has launched Retirement Confidence Pulse, a new barometer to measure how financially confident Australians feel about life after work. The inaugural score is a concerning 50/100. Amidst a cost-of-living crisis and spikes in household expenses, the ...

Australia maintains global retirement security ranking: Natixis

RIDDHIMA TALWANI  |  THURSDAY, 18 SEP 2025
Australia has maintained its 7th rank globally for retirement security even as more Australians believe it is increasingly more difficult to retire securely. Natixis Investment Managers Global Retirement Index (GRI) showed across the sub categories ...