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Showing 21 - 30 of 4027 results for "Accounts"

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... available to members. Diversa acts as trustee for 10 registrable superannuation entities and has approximately 291,000 member accounts and over $15 billion in funds under management. Equity Trustees recently decided to exit from its super trusteeship ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... available to members. Diversa acts as trustee for 10 registrable superannuation entities and has approximately 291,000 member accounts and over $15 billion in funds under management.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... time. There are only 51 MySuper products in existence versus the number of Choice products at 664. Currently, MySuper accounts have an average balance of $77,000, whereas Choice accumulation members have $142,000. Together with defined benefit members ...

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... reflected the importance of scale, financial strength and long-term investment capability in a more institutionalised managed accounts market. "As the sector evolves, advisers and their clients are placing greater emphasis on the stability, resilience ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... almost $16 million was lost in the six months from October 2023 to March 2024. Many of the scammers accessed victims' accounts by impersonating HSBC Australia staff. The bank took 144 days on average to investigate the issues. ASIC held HSBC Australia ...

HESTA launches campaign around super tax benefits

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... super. "Small steps can help, like seeing if you're eligible for the government co-contribution, consolidating old accounts or considering your retirement strategy."

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... about US$600 million to preferred strategies, while assigning roughly the same amount in first-day losses to other client accounts, despite owing a fiduciary duty to all investors. Leech's conduct affected both institutional and retail clients, including ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... made misleading representations about potential profits, and pressured customers to fund trading through superannuation accounts and credit cards. Justice Wigney described EuropeFX's conduct as "unquestionable egregious, deliberate and flagrant", adding ...

Lack of awareness impacts retirement satisfaction: TAL

MATTHEW WAI  |  THURSDAY, 11 JUN 2026
New research indicates that although around 90% of retirees selecting pension accounts or lifetime income streams were satisfied with their decision, less than two in five (38%) pre-retirees understood how those products work. The second edition of ...

Global X launches space tech ETF

MATTHEW WAI  |  THURSDAY, 11 JUN 2026
... space economy along with high-profile US listings. "A decade ago, participating in marquee US IPOs meant opening offshore accounts and often missing out on allocations. Today, ETFs have become one of the most effective ways for Australian investors to ...