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Showing 361 - 370 of 2126 results for "Financial Year"

Financial services firms hit with criminal charges

CHLOE WALKER | TUESDAY, 31 OCT 2023

... that both APC Securities and Brava Capital neglected to file financial accounts and auditor's reports for each financial year from 30 June 2020 to 30 June 2022. ASIC revoked the AFSL of APC Securities in July, coinciding with Sutton's permanent ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI | MONDAY, 30 OCT 2023

... financial position unclear. According to ASIC, Brite failed to lodge its statements and auditors report for the financial year ending 30 June 2022. Further, ASIC said the value of funds under management has not been reported by any entity within the ...

Life insurance complaints drop 24%

KARREN VERGARA | WEDNESDAY, 25 OCT 2023

The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ...

Superhero announces strategic hires

CASSANDRA BALDINI | TUESDAY, 24 OCT 2023

... are thrilled to welcome Kimberly, Gabriella, Karen, and 12 others to the Superhero family since the start of the financial year," he said. "The additional expertise across the business will play a pivotal role in shaping our future and driving Superhero's ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA | MONDAY, 23 OCT 2023

... median superannuation balance for women aged 65+ years was $168,000, compared to $208,200 for men in the 2019-20 financial year, the taskforce is pushing for the government to legislate super on parental leave as an immediate point of action. The superannuation ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA | MONDAY, 23 OCT 2023

... super fund has remediated 3810 members, who received $1,627,091 in compensation. In the second half of the 2023 financial year, AFCA reported 55 systemic issues. An additional seven cases contravened the law, while 18 organisations refused to follow ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA | THURSDAY, 19 OCT 2023

... levels," she said. The fund held some 30.4% in equities, of which 21.8% was in global equities at the end of the June financial year. Between FY22 and FY23, the fund increased its allocation to equities from 28.5% and dialled down weightings in alternatives ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON | WEDNESDAY, 18 OCT 2023

... introducing paid menopause leave to its employees, effective November 1. The policy allows 10 days of leave per financial year, to be used for attending appointments, treatment, or for self-care in managing symptoms of menopause. Almost one-third of ...

Forager to delist Aussie LIT

KARREN VERGARA | MONDAY, 16 OCT 2023

... net asset value at the close of business on October 13 was $1.45. It has 99,851,310 units on issue. In the last financial year, FOR made a $22.3 million operating profit. During the period, the discount between the net asset value and unit price ranged ...

Meat industry super fund rebrands

KARREN VERGARA | MONDAY, 9 OCT 2023

... under management. According to APRA's FY23 statistics, its MySuper option made a net return of 11.2% in the last financial year. Its Shares Option (formerly High Growth) failed the latest performance test by more than 0.50% per annum. "Our work isn't ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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