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Showing 511 - 520 of 5327 results for "Seek"

Large penalties against super funds are appropriate: ASIC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
... with a $27 million fine for dragging its feet on merging multiple accounts for members. At the time, ASIC was entitled to seek a significantly higher penalty of $140 million. ASIC later told the Senate Economics Committee it did not seek a higher penalty ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... of holistic advice was increasingly cited. "On the bright side, the research found that 34% of unadvised SMSFs now plan to seek financial advice, which is up from 25% the year before. But this percentage needs to grow," Smith said. The latest research ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
La Trobe Financial, the Brookfield-owned alternative asset manager with $20 billion in assets under management, has launched its first fund on the ASX. The IPO seeks to raise between $100 million and $300 million, with units priced at $2.00. La Trobe ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ...

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... financial situation is in dire straits as many struggle with the cost-of-living crisis and do not know the best place to seek financial advice, new surveys reveal. One survey from MLC conducted by McCrindle found that only one third (34%) of participants ...

DeepSeek, Alibaba: Silver linings for emerging markets strategy

KARREN VERGARA  |  THURSDAY, 22 MAY 2025
DeepSeek and Alibaba's rise from the ashes have bolstered the case for investing in Chinese companies, according to an emerging markets expert seeking the best opportunities in the face of geopolitical tensions and heightened risks. J.P. Morgan ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
ASIC intends to appeal the Full Federal Court's decision, now seeking special leave from the High Court in its case against Block Earner. The Federal Court decision found that a product issued by Block Earner, which allowed consumers to earn fixed ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Appearing at the Stockbrokers and Investment Advisers Association's (SIAA) conference this week, Otivo chair Ian Knox discussed the shifting nature of Australia's wealth management industry, saying he's never seen it look so good - but it ...

Alternatives spark 'real' opportunities for HNW advisers

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
There are an increasing number of high-net-worth (HNW) investors using alternative assets to diversify, protect against inflation and lessen returns related to the public markets, with Praemium saying advisers should look to capitalise from this trend. ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
NSX Limited (NSX), the operator of the National Stock Exchange of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ...