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Showing 351 - 360 of 6919 results for "Act2"

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
Responding to the Australian Financial Complaints Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. ...

ART invests $1bn in Macquarie fund

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025
Australian Retirement Trust says it will deploy at least $2 billion by 2030 toward assets which can deliver returns for members whilst also generating social and environmental benefits in areas prioritised by ART. As part of its first major investment ...

Conscious IM delivers affordable housing solutions

ANGELIQUE MINAS  |  WEDNESDAY, 10 SEP 2025
Conscious Investment Management (CIM) has partnered with one of Australia's most experienced affordable housing providers, St George Community Housing (SGCH), to acquire 102 dwellings in Box Hill, Victoria. The properties are being delivered as affordable ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ...

AMP, Perpetual, Ironbark shutter funds

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
AMP, Perpetual and Ironbark have all announced they will be shuttering funds as they lack viability. AMP said it made the decision to terminate the AMP Capital Equity Fund (AMP Equity Fund), effective August 29. "The fund's small and reducing size may ...

Samuel Terry bids for Eildon again

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Two years after making an "opportunistic" takeover bid for Eildon Capital Group, Samuel Terry Asset Management is attempting another acquisition. This time, Samuel Terry is offering 80 cents per share for the ASX-listed company. Samuel Terry, which ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Mayfair 101 Group director James Mawhinney has been banned from receiving or soliciting funds related to financial products for 15 years after the Federal Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his ...

Advisers favour third-party support in product selection

MATTHEW WAI  |  MONDAY, 8 SEP 2025
Research and asset consultants continue to play a pivotal role in financial advisers' product selection, especially in managed accounts and superannuation, Investment Trends says. According to its 2025 Adviser Product and Marketing Needs Report, which ...