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Showing 31 - 40 of 2734 results for "Agreement"

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
ASIC has banned Brett Newbound of Victoria, a financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client ...

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
Most financial advice practices are ill-prepared to manage the sudden death or permanent disablement of a principal, according to new research, underscoring widespread gaps in succession and contingency planning. Business Health's newly released What ...

Acenda in the hot seat over enterprise agreement

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
The Finance Sector Union (FSU) has urged the employees of life insurer Acenda to reject an offered enterprise agreement that would see themselves "paid less, stripped of basic leave entitlements and given watered-down redundancy clauses." The FSU said ...

Channel Capital and Fidante to merge

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
Challenger announced it has entered into a binding agreement to merge its multi-affiliate funds management business, Fidante, with Channel Capital. Under the agreement Fidante will become part of the newly formed entity Channel Group and will be led ...

Super sector to accelerate critical mineral investments

RIDDHIMA TALWANI  |  WEDNESDAY, 17 JUN 2026
The Association of Superannuation Funds of Australia (ASFA) has signed a statement on behalf of Australia's super sector to accelerate investments in critical minerals projects in G7 countries. The statement was formally adopted by a meeting of ...

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI  |  TUESDAY, 16 JUN 2026
IFM Investors has raised its stake in Atlas Arteria from 34.5% to 38.3% in an on-market stock purchase, just a day after it raised its offer price for the toll road operator to $5.10 per security. This takes IFM's total share in Atlas Arteria to 39.6% ...

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... more targeted scenarios aimed at critical risks to improve the comparability of responses and that there was "general agreement on the value of stress testing for superannuation going forward." Super funds also acknowledged the need to continue building ...

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
Dexus said key executives have been stood down while the board and management consider the NSW Supreme Court judgement for it to sell its stake in Melbourne and Launceston airports. Dexus will also pay for the legal costs of any appeal for its institutional ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
... portfolio administration. "The proposal is subject to a number of conditions, including entry into a strategic alliance agreement between BMO and the Euroz Hartleys' Private Wealth business to preserve the interconnected relationship between the capital ...

Perpetual acquires majority stake in Interfi

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026
... McCarthy said. "Importantly, this also complements our core Debt Market Services business and products," he said. Under the agreement, Perpetual will initially acquire 70% of the business and retain an option to purchase the remaining 30% by FY31. The ...