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Showing 431 - 440 of 16372 results for "Client"

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
The warning by JPMorgan Chase chief executive Jamie Dimon about the possibility of there being more "cockroaches" in the US private credit market has sparked a flurry of debate about risks in the market at a time when its potential is being assessed ...

Mercer doubles down on for-purpose sector

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
... deliver investment solutions aligned with their mission. Reeves arrives from Yarra Capital Management where she worked on the client relationship side of the business. Before that she spent nine years at AXA Investment Managers as a client consultant ...

Investment veteran wraps 30 year career

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
... Beesley to ensure a smooth transition. The firm also confirmed there will be no changes to the portfolio management of client accounts. Executive director of investment management, Troy Swann, will continue to lead the group's forward strategy and ...

Betashares-backed firm names inaugural managing partner

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
... capability, combining index-based, actively managed, and bespoke portfolio solutions with practice support, technology, and client engagement tools. Spittle brings more than 25 years of experience in wealth management, including senior leadership roles ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced ...

IFM Investors expands into Canada

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
IFM Investors has opened an office in Toronto, as the firm expands its global footprint. Across Canada, IFM serves more than 200 institutional clients, representing approximately $15.65 billion (C$14.4bn) in funds under management (FUM). IFM said the ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... properties in which the custodian or the person holding the custodial property has an interest, or any person(s) other than the client unless an exemption applies. Commenting, Clearway Capital Solutions principal and managing director Dennis Mothoneos ...

Russell Investments wins two mandates

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
Russell Investments has won two mandates from councils in New Zealand, collectively amounting to about $100 million. Napier City Council appointed Russell Investments as its investment manager to work closely with its funds management arm Ahuriri Investment ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino has suggested including APRA-regulated superannuation funds in the Compensation Scheme of Last Resort (CSLR) as the 2026 special levy has blown out to $47.3 million. Mulino added ...