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Showing 31 - 40 of 881 results for "SAR"

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
The Treasurer has appointed a new chair to replace Joe Longo who will serve a period of five years starting on June 1. Sarah Court has been promoted to the top role after serving as deputy chair. Treasurer Jim Chlamer said the Albanese Government will ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
Australian Unity Funds Management (AUFM) admitted it breached design and distribution obligations (DDO) regarding its Select Income Fund and has been slapped with a $7.125 million fine by the Federal Court. Hundreds of retail investors were led to believe ...

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI  |  FRIDAY, 23 JAN 2026
Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ...

DASH hires Morningstar wealth exec

ELIZABETH FRY  |  THURSDAY, 22 JAN 2026
DASH Technology Group is bolstering its leadership team, appointing a chief growth officer and chief product officer to drive its next phase of growth. The financial advice software firm has recruited James Louw as chief growth officer, while Sarah ...

DASH adds two new executives to C-suite

ANGELIQUE MINAS  |  WEDNESDAY, 21 JAN 2026
DASH Technology Group (DASH) has appointed Sarah Murray as the new chief product officer role, and James Louw has been named chief growth officer. Bringing over 15 years of experience to the newly created position, Murray will be responsible for integrating ...

Saudi Arabia opens access for foreign investors

MATTHEW WAI  |  THURSDAY, 8 JAN 2026
... contribute to the Saudi Arabian market. By the end of the third quarter of 2025, foreign ownership in the capital market exceeded SAR$590 billion ($234bn), the CMA noted, a sharp increase from the SAR$498 billion ($198bn) at the end of 2024. These approved ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
Ahead of Christmas, ASIC commenced civil penalty proceedings against BDO Audit (WA) and its director Dean Just alleging it made misleading statements, while failing to take reasonable steps to ensure reports were factually accurate for an ASX-listed ...

Most read in 2025: Executive appointments

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
Many of the top stories that dominated the year in executive appointments surrounded the superannuation sectors' C-suite. From chief executive departures, chief investment officer switch ups and, in one case, an entire operational due diligence ...

RM Capital, SMSF Club to pay $925k over conflicted remuneration

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
The Federal Court has ordered licensee RM Capital to pay a $575,000 penalty and its authorised representative SMSF Club to pay $350,000 over conflicted remuneration breaches. The penalties follow ASIC succeeding in its case against RM Capital in 2024 ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...