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Showing 431 - 440 of 18701 results for "ACT"

Former UGC adviser's appeal against ASIC ban accepted

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
... Global Capital Property Fund (GCPF) while he was a UGC authorised representative. ASIC was also concerned Petrovic did not act in his clients' best interests by providing inappropriate advice. He was also accused of making statements that were likely ...

'No benefit in switching super': AFCA finalises FSGA lead decision

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
... complainant that 60% of the product was invested in the Shield and First Guardian Master Funds. "FSGA had a clear obligation to act in their best interests and provide appropriate, well supported financial advice. That did not happen here," AFCA lead ...

Janus Henderson to acquire Richard Bernstein Advisors

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
Janus Henderson has entered into an agreement to acquire 100% of Richard Bernstein Advisors. Richard Bernstein Advisors is an investment manager focused on longer-term investment strategies that combine top-down, macroeconomic analysis and quantitatively ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
Former investment manager Rodney Forrest has been sentenced to six years' imprisonment for insider trading and procuring others to trade in more than $3 million of Platinum Asset Management shares. In August 2024, Forrest secretly accessed the computer ...

EQT to acquire Coller Capital to form new secondaries platform

MATTHEW WAI  |  FRIDAY, 23 JAN 2026
EQT is entering the secondaries market with the acquisition of Coller Capital. EQT will acquire 100% of the Coller Capital management company, the Coller Capital general partner entities which control the Coller Capital funds, and 10% of carried interest ...

CFS, Stockspot deliver double-digit returns

ELIZA BAVIN  |  FRIDAY, 23 JAN 2026
Colonial First State (CFS) and Stockspot have both delivered double-digit returns to members in their highest-performing options. For CFS, the FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) delivered an 11.6% return, while the FirstChoice ...

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI  |  FRIDAY, 23 JAN 2026
Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ...

Ascalon turbocharges team with Zenith hire

ELIZABETH FRY  |  THURSDAY, 22 JAN 2026
Ascalon Capital is expanding its institutional advice offering with the appointment of an executive general manager of asset consulting. The consultant has confirmed the appointment of Steven Tang who brings experience in portfolio construction, investment ...

Shadow Minister for Financial Services Pat Conaghan resigns

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
Shadow Treasurer and Minister for Financial Services Pat Conaghan has resigned from the shadow ministry, effective immediately. Conaghan has been very outspoke on the collapse of Shield and First Guardian and a vocal critic of ASIC's handling of ...

Gold soars over Trump's Greenland rhetoric

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
Safe-haven assets are being favoured by investors with gold prices skyrocketing off the back of US President Donald Trump's rhetoric around Greenland. Global X ETFs said it has seen average weekly flows into its suite of gold ETFs increase in 2026 as ...