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Showing 411 - 420 of 7704 results for "CRI"

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
ASIC has permanently banned the founder of Maxwell Financial Services and Asset Capital Holdings, Matthew Allen Beresford, from working in financial services, after he was found guilty of running an investment scam. ASIC has also permanently banned ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
New research conducted by the peak body of life insurance indicated close to half of young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between ...

Macquarie AM acquires European student accommodation platforms

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
Macquarie Asset Management (MAM) has signed an agreement to acquire and combine two specialist platforms - MILESTONE and BaseStack Living - to expand its presence into the European purpose-built student accommodation (PBSA) sector. The acquisitions ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
ASIC is suing Fortnum Private Wealth for allegedly failing to manage and comply with its cybersecurity obligations that exposed the information of its financial advisers and clients. In the NSW Supreme Court, ASIC alleges Fortnum exposed its authorised ...

AIA Australia welcomes new chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
Susan Looi has been appointed to the role, bringing more than 25 years' experience to the fold. She was most recently at ANZ where she was general manager, enterprise risk for five years to December 2023. She initially joined ANZ in 2012, first at ANZ ...

Adviser exodus puts retirement savings at risk: CPA

KARREN VERGARA  |  THURSDAY, 17 JUL 2025
CPA Australia says the drastic exodus of financial advisers has put Australians' retirement money at risk, possibly leading them to invest in higher-risk schemes. According to the Financial Adviser Register, there are only 15,300 advisers left in the ...

Commonwealth Super awards sustainable credit mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
Commonwealth Superannuation Corporation (CSC) is the seed investor in two new sustainable credit funds from UK-based manager Osmosis Investment Management. The fund manager has launched the Osmosis Global Credit UCITS Fund and the Osmosis Global High ...

QIC to sell partial stake in US renewable energy financing platform

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Canadian pension fund La Caisse will acquire a stake in the QIC-backed Renewa, a renewable energy land financing company located in the US, for US$200 million ($307m). QIC acquired 100% ownership of Renewa in 2022. Texas-based Renewa operates as a platform ...

MA Financial gives $200m to legal finance platform

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
MA Financial Group is providing a $200 million warehouse facility to JustFund to provide wider access to legal assistance for those going through divorce or separation. JustFund offers flexible finance based on a person's "likely relationship settlement" ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Zurich Australia is set to take on a major mandate from Australian Retirement Trust (ART) to provide insurance for its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate ...