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Showing 21 - 30 of 9435 results for "Made"

Westpac fined $26m for financial hardship neglect

KARREN VERGARA | WEDNESDAY, 27 MAY 2026

... relevant to a consideration of what may be considered as an acceptable cost of doing business," Justice McEvoy added. Westpac made admissions of contravention in the proceeding and paid more than $1.7 million in remediation to affected customers, including ...

Unit trusts FUM 'plateaued': Rainmaker

MATTHEW WAI | MONDAY, 25 MAY 2026

... data highlights that despite a 13% annual growth in funds under management (FUM) across all managed funds, unit trusts only made gains through positive market returns over the 12 months to March end. In the Managed Funds Net Flows Report, which tracks ...

Hostplus, AIA lose $1.4m TPD dispute

ELIZA BAVIN | THURSDAY, 21 MAY 2026

... benefit, despite recognising the member failed to declare an underlying health issue when applying for cover. The determination, made March 26, found AIA was still required to pay the additional TPD benefit despite the complainant not disclosing he had ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN | THURSDAY, 21 MAY 2026

... Guardian and Shield Master Fund investigations, Court said. "ASIC has now commenced proceedings against every super trustee that made available Shield or First Guardian. More than $420 million has been repaid to thousands of investors through ASIC's ...

Australian Unity hires from HESTA

ELIZA BAVIN | WEDNESDAY, 20 MAY 2026

... capabilities in ways I couldn't have imagined when I started back in 2009, and I am eternally grateful for the connections made, knowledge gained, and experiences shared during this time across the superannuation sector and global investment markets. ...

Future Fund makes two new appointments

ELIZA BAVIN | MONDAY, 18 MAY 2026

... financial sense to do so." In the year to 31 March 2026, following the introduction of the updated Investment Mandate, the fund made a return of over $28 billion, or 11.7%. This follows returns of 12.2% in 2024 and 8% in 2023. The Future Fund also achieved ...

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO | MONDAY, 18 MAY 2026

... oil and gas companies and energy providers accounted for the largest share of lodgements. While ASIC welcomed the effort made by reporting entities, it identified several areas where disclosures fell short of regulators expectations. The regulator said ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA | FRIDAY, 15 MAY 2026

... or provided those recommendations." Furthermore, AFCA, as an independent party, has thoroughly assessed Kee's case and made a conclusive determination that the financial advice was not appropriate. "For the other cases we're handling, there were ...

Law blocking abusers hiding super assets passes parliament

VINNY VUCAGO | FRIDAY, 15 MAY 2026

... reforms, victim survivors can apply for a court order to access additional personal or salary sacrifice super contributions made by an offender if compensation remains unpaid for more than 12 months. Victims will also be able to apply to the Australian ...

Budget boosts fuel security, misses clean energy opportunities

KARREN VERGARA | THURSDAY, 14 MAY 2026

... of the country's gas exports will be reserved for Australian users. "And we're making more progress on our Future Made in Australia agenda, supporting mining and processing through our Critical Minerals Strategic Reserve, and investments in domestic ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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