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Showing 471 - 480 of 13315 results for "PROP"

ASIC issues interim stop orders to RELI Capital

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
ASIC has issued an interim stop order against the RELI Capital Mortgage Fund, a registered managed investment scheme operated by RELI Capital. The regulator said it is to protect consumers and retail investors from acquiring a product not suitable for ...

Platinum pushes for L1 Capital merger ahead of EGM

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
Platinum asset management has continued to "unanimously" recommend shareholders to vote in favour of the L1 Capital merger ahead its extraordinary general meeting on Monday. Grant Thornton, an independent expert appointed by Platinum, was provided with ...

Stockspot reduces fees to increase accessibility

MATTHEW WAI  |  FRIDAY, 19 SEP 2025
Stockspot is making what it calls its biggest changes since launching, including lowering monthly fees for some accounts to $1 per month, and other initiatives aimed at making investing more accessible. Stockspot now charges only $1 a month for balances ...

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 ...

ASIC makes 'first-of-its-kind' exemption to broaden digital asset access

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
ASIC has granted class relief for intermediaries engaging in the secondary distribution of a stablecoin issued by a licensed issuer. Unlike commonly known cryptocurrencies like Bitcoin, a stablecoin, where some are considered a financial product under ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ...

Rest invests $390m in US REIT

ELIZA BAVIN  |  WEDNESDAY, 17 SEP 2025
Rest has made a $390 million (US$250m) contribution as part of a co-investment with funds managed by Blue Owl Capital into US-based real estate investment trust STORE Capital. The super fund said the property investment shows how growing demand for ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster. Where members have not nominated a beneficiary, Cbus said benefit payments will be paid to the surviving current ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
While the Institute of Public Accountants (IPA) supports sensible reforms to make superannuation "more equitable", it - like many industry bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges ...

Young people want more from their life insurance: Research

RIDDHIMA TALWANI  |  TUESDAY, 16 SEP 2025
Young consumers are overlooking life insurance as delayed traditional milestones make it feel less relevant, according to a report by Capgemini Research Institute and LIMRA. The World Life Insurance Report 2026, based on a survey of 6000 people aged ...