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Showing 381 - 390 of 20503 results for "Time"

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... week before acting. In total, about 385GB of confidential data was stolen and some 18,000 clients were put at risk. At the time, FIIG had about $3 billion in client assets under management. FIIG admitted it failed to comply with its obligations and that ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes consultation focuses on governance and oversight of ...

Allianz Retire+ updates AGILE, slashes fees

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... p.a. as well as the wait period to commence the lifetime income. The product fee has dropped from 0.80% p.a. while the wait time to commence the lifetime income has reduced from three years to one year. The changes include Allianz Retire+ moving to gender-specific ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... with its administration provider Mercer to maintain service for customers. CSC opted to undertake the transition at this time of year as analysis of its member behaviour found it to be a period with traditionally lower transaction volumes, allowing it ...

Federated Hermes enters local wholesale market

ANGELIQUE MINAS  |  MONDAY, 9 FEB 2026
... said. The new income solution offers Australian wholesale investors access to the trade finance asset class for the first time, which Federated Hermes has offered to global institutional investors for over 15 years. The new strategy leverages trade finance's ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
... the final dividend in respect of 2025 and any special dividend paid or declared. Pepper Money shares traded at $2.20 at the time of publication, jumping 24% from its closing price on Friday. "Under the proposed transaction, Pepper Group will initially ...

Debby Blakey steps down as HESTA chief

ELIZA BAVIN  |  MONDAY, 9 FEB 2026
... members, and Debby has personified this," HESTA chair Nicola Roxon said. "Debby took over as chief executive at a critical time, delivering strong growth, with the retirement savings of members trebling to more than $100 billion. "We greatly appreciate ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
... having the fees withdrawn. Valvo was also charging most of the impacted clients monthly ongoing service fees at the same time, ASIC said. The conduct occurred between July 2019 and January 2020. During this time, he was a representative of the now-defunct ...

KKR to acquire Arctos Partners

ANGELIQUE MINAS  |  FRIDAY, 6 FEB 2026
... Keystone businesses and serve as the hub for a scaled multi-asset class secondaries business that KKR plans to build over time. Meanwhile, the complete Arctos' team and operations will also be integrated into KKR. Speaking on the upcoming appointment ...

Tax reform uncertainty to exacerbate property sell-offs: Survey

MATTHEW WAI  |  FRIDAY, 6 FEB 2026
... increasingly complex regulatory environments with little support or clarity, and the consequences are playing out in real time. Commenting, PIPA chair Cate Bakos said the findings reveal a rental market on the brink. "These numbers are not hypothetical ...