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Showing 441 - 450 of 10996 results for "Account"

APRA to hunt for new deputy chair

ELIZA BAVIN  |  FRIDAY, 19 SEP 2025
The Australian Prudential Regulation Authority (APRA) said a search is underway after APRA deputy chair Margaret Cole advised the Treasurer of her intention to step down at the end of her current term on 30 June 2026. Treasurer Jim Chalmers said the ...

Acadian hires local institutional distribution lead

MATTHEW WAI  |  FRIDAY, 19 SEP 2025
... He joins from PIMCO, an organisation where he spent more than a decade, most recently as its senior vice president and account manager. Before that, he also held roles at IAG Asset Management, Challenger and Bankers Trust. Commenting, Savage believes ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ...

Aura Group explores ASX listing, appoints advisers

RIDDHIMA TALWANI  |  THURSDAY, 18 SEP 2025
Aura Group is assessing a potential listing on the ASX within the next 12-24 months and has appointed Morgans Corporate and E&P Capital to advise on it. Steinepreis Paganin and BTP Law will provide legal counsel, and Crowe will advise on audit and tax ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... what's known as 'credential stuffing', where cyber criminals attempt repeatedly to gain access to an online account using usernames and passwords obtained on the dark web. The hackers were able to withdraw money from retiree members' ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... allow affected taxpayers to restructure their affairs without penalty; and index the $3 million threshold annually to account for inflation and ensure the system remains fair and equitable over time. Chen said the $3 million threshold will equal to a ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... administration fees drop from 0.23% to 0.17% with the annual cap also reduced from $1500 to $1300. There was no change to the account keeping fee of $52 per year. In addition, for Future Saver products, Aware Super will bring in a new insurance premium ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August ...