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Showing 441 - 450 of 8222 results for "June"

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... help them unlock a better quality of life," Howes said. AMP's latest solution follows a joint call from APRA and ASIC in June last year for superannuation trustees to step up efforts in tracking and measuring the effectiveness of their strategies ...

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... Cbus is forecasting to grow its internal investment portfolio to about 50% of the portfolio within three years. As of 30 June 2024, 34% of Cbus' investment portfolio was managed internally. The industry fund for building and construction workers ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
... the time had substantial ownerships in Sequoia. Last July, Crole accepted a fixed-term contract that extended his tenure to June 2026. Jones has now left the firm as part of an executive and structural shake-up, while Unrandom ceased to be a substantial ...

Barrenjoey acquires, expands in Hong Kong

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
... It launched in 2021, led by chief executive Brain Benari with the backing of Magellan Financial Group and Barclays. Last June, the firm expanded in Abu Dhabi to offer fixed income sales and trading services. Philip Lowe joined Barrenjoey's board last ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... misappropriating $1.03 million of client funds. Anthony Torre was charged with five counts of stealing and eight counts of fraud in June 2022 following an ASIC investigation; Torre entered a plea of not guilty for all charges on 13 July 2023, with the ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... with $1.7 million. The newly released APRA data also shows that AustralianSuper, which had $360 billion at the end of last June, spent a total of $52.9 million on total promotional activity with $39 million allocated to advertising. ART, with assets ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... transfer more into the retirement phase, or receive a transition to retirement pension and will meet a condition of release by June 30. Chow said for those looking to start a retirement phase pension for the first time, advisers should think carefully ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... audits compiled by Islam for three different super funds and had expressed concerns. The ATO referred the matter to ASIC in June on the basis that Islam "failed to carry out or perform adequately and properly the duties and functions of an approved SMSF ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... Taxation Office in various roles including assistant commissioner and acting chief financial officer from August 2016 to June 2017. Untersteiner joined AFCA when it was receiving just over 70,000 complaints a year and has seen that number grow to 105,000 ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... videos had been deleted - later confirmed to be child abuse material. Cubilla was sentenced to seven years' imprisonment last June and will be eligible for parole in two years.