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Showing 341 - 350 of 10510 results for "SET"

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
Cbus has agreed to pay $23.5 million to settle the matter brought against it by ASIC in relation to delayed death benefit payments to members. A Cbus spokesperson told Financial Standard the super fund co-operated with the regulator throughout the legal ...

Senior investment professional departs Rest Super

ELIZABETH FRY  |  THURSDAY, 30 OCT 2025
Rest Super is set to farewell a senior investment professional, with the head of fixed income, Tracey Duff, departing after 20 years. A Rest spokesperson confirmed that after two decades with the super fund, Duff will step down from her role as head ...

AusFood Super names investment chief

ELIZABETH FRY  |  THURSDAY, 30 OCT 2025
... research houses. The super fund has 66,744 members as of June 30, 2025, down from 67,652 the year before, according to the latest set of accounts. However, average member account balances rose from $47,000 to $51,000 over the period.

Private credit start-up hires industry veteran as CIO

ELIZABETH FRY  |  THURSDAY, 30 OCT 2025
... excitement of private credit and a start up plus super enthusiastic founders. This is not Casey's first start-up. In 2004, he set up Alturus Asset Management, an alternative investment management firm, which now trades as NAOS Asset Management.

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
ASIC has banned another former Crown Wealth Group staffer from working in the financial services industry for showing incompetence in addressing fees-for-no-service (FFNS) misconduct. Brendan Rodwell, who was the director of Crown Wealth Group, was ...

Tech concentration in super a major concern: APRA

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
APRA member Suzanne Smith has expressed the prudential regulator's concerns around entities relying on a concentrated set of technology providers. Smith said dependency on the cloud and movement of workloads to the cloud environment has exponentially ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
Although Payday Super addresses critical issues, including the $5 billion in unpaid super, the Coalition believes the government's "rushed implementation" of the bill could hurt the economy. Payday Super, which is slated to come into effect on 1 July ...

MLC sets sights on top super funds

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
MLC Super chief executive Dave Woodall said MLC hopes to have cracked the top three superannuation funds in terms of size as part of its 2030 strategy. Speaking at a client event this morning, Woodall said the transition back to the MLC brand was the ...

Actuaries Institute makes proposal to close advice gap

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
The Actuaries Institute has released a proposed framework for closing the financial advice gap in Australia. The Actuaries Institute Help, Guidance and Advice (HGA) Working Group undertook extensive research and consultation to examine how different ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...