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Showing 451 - 460 of 12213 results for "ASI"

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
Macquarie is removing funds from dozens of managers from its superannuation investment menu on the Wrap platform. For some, Macquarie said the decision comes down to a lack of investor interest in the offerings. For others, it said it was the decision ...

3500 advisers at risk as deadline looms

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
ASIC is urgently calling on financial advisers to review the accuracy of their Financial Adviser Register profile if they intend to continue providing advice into 2026 and beyond. The regulator said, based on current information, some 3459 advisers ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
Registrable superannuation entities (RSEs) must do more to ensure asset valuations in financial reports are reliable and improve disclosure of sponsorship and advertising expenses. Those are two key outcomes of an ASIC review into the financial reporting ...

Australia misses out on global dividends growth

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
Despite global dividends achieving record growth in the first half of 2025, boosted by the weaker US dollar, Australia wasn't so prosperous. According to Capital Group's Global Equity Study Dividend Watch, global dividends increased 7.7% year on year ...

Allspring appoints head of sales for new Sydney office

ANGELIQUE MINAS  |  MONDAY, 29 SEP 2025
Allspring Global Investments has announced Jeremy Gordon will be the head of sales for Australia and New Zealand, leading its new Sydney office. Gordon brings over 25 years of experience in the funds management industry to the role. He previously spent ...

Norges Bank commits over $2bn to energy transition fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
Norges Bank Investment Management (NBIM), the investment management arm of Norges Bank, has committed $2.3 billion (US$1.5bn) to Brookfield Asset Management's Global Transition Fund II (BGTF II) to expand its current mandate from the government. The ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
ASIC issued two infringement notices to the industry fund for misleading statements it made after charging more than 2000 members for insurance cover they were not supposed to have. The regulator said Rest made false or misleading representations in ...

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
ASIC has permanently banned a former financial adviser after he was convicted for defrauding family and friends out of $4.5 million. Anthony Joseph Del Vecchio served as a financial adviser for Freedom Finance Australia from November 2016 to October ...

ASIC to release IDR and reportable situations data

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
ASIC has outlined its approach to publishing two public-facing dashboards containing Internal Dispute Resolution (IDR) and Reportable Situations (RS) data. ASIC said the approach was determined following consideration of 47 submissions received in response ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...