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Showing 381 - 390 of 4925 results for "MIS"

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
The former head of compliance at a now defunct advice licensee has been banned for three years over the way he dealt with an adviser's fees for no service misconduct. Former Crown Wealth Group director and head of compliance Andrew Moore has been banned ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
ASIC has permanently banned financial adviser Barry David King of Melbourne following several years of misusing client funds and falsifying documents. King was found to have engaged in serious misconduct, including concealing information from clients ...

Blue Owl launches fund to sophisticated investors

KARREN VERGARA  |  TUESDAY, 8 JUL 2025
Alternatives fund manager Blue Owl Capital has launched a private credit fund to local investors in partnership with Koda Capital. The Blue Owl Credit Income Fund AUT is a feeder fund targeting financial advisers and their wholesale clients. This is ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
ASIC warns it will take a deeper dive into the roles that financial advisers, superannuation platforms and research houses are playing in members being pushed into high-risk investment schemes. The corporate regulator is closely looking at the entire ...

CareSuper to undertake cloud transformation

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
The $57 billion super fund is making the move from VMware Cloud on AWS to Microsoft Azure as it looks to create a more modern, cost-efficient environment. CareSuper has mandated Macquarie Cloud Services to migrate and recalibrate its cloud environment ...

Banned director sentenced for running financial services firm

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
A former company director has received a prison sentence after he was found to have continued to run a financial services business despite having been banned from doing so. In 2018, Joshua Fuoco was found to have engaged in misleading and deceptive ...

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
TelstraSuper is making a strategic investment in New York's John F. Kennedy International Airport as it undergoes a major redevelopment. JFK Airport is being transformed, with a US$19 billion project currently underway, including US$15 billion of ...

State Street Global Advisors rebrands

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
State Street Global Advisors has announced its new brand name: State Street Investment Management. SSIM said the rebranding highlights the firm's focus on growth and engagement with clients and partners, and its commitment to product innovation ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
The Reserve Bank of Australia (RBA) has released a consultation paper on the proposed draft guidance for the Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat ...