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Showing 21 - 30 of 2172 results for "Financial Year"

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
ASIC has scored a whopping $830 million in civil penalty orders in the last financial year alone, a Freedom of Information (FOI) request revealed. The FOI obtained by Lambros Photios, the founder of technology services and artificial intelligence (AI) ...

Prime Value licence suspended over reporting failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
ASIC has suspended the Australian financial services licence (AFSL) of Prime Value Asset Management after the fund manager failure to meet its statutory audit and financial reporting obligations for two consecutive financial years. The corporate regulator ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... financial statements or audited compliance plan reports for its registered managed investment schemes for the 2024 financial year and for the first half of FY25. ASIC in an application to the Federal Court was seeking to preserve the assets of the scheme ...

FAAA warns adviser levies could exceed $5k as ASIC costs climb

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
Financial advisers could face more than $5000 in combined regulatory levies this financial year, with the Financial Advice Association Australia ( FAAA ) warning rising ASIC and Compensation Scheme of Last Resort (CSLR) cost are placing unsustainable ...

Eiger Capital co-founder flags retirement

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
... announced his retirement. Wood told investors he will remain on the portfolio management team until the end of the 2027 financial year to ensure a smooth transition, after which he will serve as a strategic adviser and mentor. Wood, Victor Gomes and ...

FY26 ASX listings sat below five-year average

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
Although ASX recorded its strongest listings in the financial year ending 30 June 2026 since FY22, the latest figure remained below the five-year average of 101, with the number of total listed entities continuing to fall. New listed entities number ...

Australian Ethical adds $1bn to FUM in three months

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
The ethical manager wrapped up the financial year with a strong performance, gaining almost $1 billion in funds under management (FUM) to $14.5 billion from the March quarter. The performance was a result of strong rollover activity and growing super ...

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund. As the firm looks for a replacement, Mercer Pacific chief financial officer Court Haas has been appointed as interim chief ...

WAM active strategy delivers 75.5%

MATTHEW WAI  |  TUESDAY, 14 JUL 2026
... listed as the "strongest" year since the inception of the LIC in 2008. The fully franked dividend for the full financial year was 6.4 cents per share, representing a fully franked dividend yield of 5.9% and a grossed-up dividend yield of 8.4%. When including ...

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026
Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively. Hostplus chief investment officer Sam Sicilia said ...