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Showing 411 - 420 of 10669 results for "May 1997"

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
Shadow Housing Minister Andrew Bragg has confirmed the Coalition's controversial super for housing policy is under review. "I'm open minded as to whether there's a way it can be re-cut, but as it stands, it's unlikely to continue as our ...

AMP, Perpetual, Ironbark shutter funds

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
AMP, Perpetual and Ironbark have all announced they will be shuttering funds as they lack viability. AMP said it made the decision to terminate the AMP Capital Equity Fund (AMP Equity Fund), effective August 29. "The fund's small and reducing size may  ...

Future Fund achieves 12.2% in FY25, tops other instos

KARREN VERGARA  |  TUESDAY, 9 SEP 2025
Australia's sovereign wealth fund beat the returns of other institutional investors by achieving 12.2% p.a. in the last financial year and in the same breath boosted assets to a new high of $252.3 billion. Global equities from developed markets, which ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
Mayfair 101 Group director James Mawhinney has been banned from receiving or soliciting funds related to financial products for 15 years after the Federal Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his ...

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
AustralianSuper chief executive Paul Schroder has warned that while superannuation funds may have the capital to invest in future infrastructure projects, the government should bear the risks. Speaking at the National Press Club, Schroder said the potential ...

Equip Super rejigs insurance fees, policy terms

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
Equip Super will roll out several changes to insurance premiums and policy terms from October that will affect most accumulation and defined benefit members. Equip Super accumulation and defined benefit members will see their premiums reduce for total ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
ASIC has permanently banned former investment manager and director Brett Paul Trevillian for fabricating investment reports of his trading strategy 'The Gold Method'. Trevillian, who has been serving a three-year sentence by way of an intensive ...

Exposure to US hitting Aussie companies: UniSuper

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
UniSuper head of fixed income David Colosimo has spoken in the wake of earnings season, noting Australian companies which rely on the US market have started taking a hit - and it may well continue. Colosimo pointed to CSL and James Hardie, both of which ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
Societe Generale (SocGen) has been fined $3.88 million by the Market Disciplinary Panel (MDP), following an ASIC investigation, for failing to prevent suspicious orders from being placed on the electricity and wheat futures market. ASIC said SocGen ...