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Showing 461 - 470 of 12167 results for "May"

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... addition, for Future Saver products, Aware Super will bring in a new insurance premium waiver. From 3 November 2025, members may be able to have their insurance premium waived due to employer-approved parental leave or severe financial hardship. The ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... hardship concerns from customers, who communicated serious issues such as domestic violence and medical conditions, between May 2022 and September 2024. In some cases, ANZ took more than two years to respond to customers and for others attempted to recover ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... for the economy, for investors, for borrowers, for companies needing capital. What we're concerned about is those parts that may not be done well and what does this mean in terms of the outlook? It's about looking for complementary markets... Put simply ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 to May 2020. The proceedings related to fees charged to members of certain AMP superannuation funds, and the interest rates ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
... 15, with ASIC alleging $53 million of clients' funds, attained from March 2024 to July 2025 and intended for investment, may "have not been used for that purpose and may be at risk." ASIC is now concerned that a "significant proportion" of the funds ...

FEATURE: Back in action

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
As the old saying goes, 'you've got to spend money to make money.' And, as equity markets continue their strong run and global uncertainty calms, geared strategies have been making a comeback. But for those thinking a geared strategy is a good way to ...

Salary report shows 23% pay gap for top BDMs

MICHELLE BALTAZAR  |  THURSDAY, 11 SEP 2025
... $300,000 and $340,000, suggesting a 23% pay gap between the two markets. However, Kaizen found that while the wholesale market may not pay as much, it has had a busy season "particularly driven by alternative asset managers, private credit and private ...

ART invests $1bn in Macquarie fund

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025
... represents an investment opportunity, and investors like us can demonstrate how the capital we steward on our members behalf may contribute to the solution." Bradford added that while scaling impact investing is challenging, she believed ART's scale ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... question. Dividends were apparently paid to Avenir, with ASIC finding that $600,000 paid to a luxury car dealership in Brisbane may have, in part, been transferred from Avenir. ASIC had been trying since June to appoint receivers to Australian Fiduciaries ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... This comes after Bragg was a staunch advocate for allowing Australians to use their retirement savings to purchase a home. In May last year the Senate Economics Committee - of which Bragg was chair - handed down its interim report into existing and proposed ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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