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Showing 551 - 560 of 18719 results for "Act"

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
The warning by JPMorgan Chase chief executive Jamie Dimon about the possibility of there being more "cockroaches" in the US private credit market has sparked a flurry of debate about risks in the market at a time when its potential is being assessed ...

Brighter Super names acting CIO

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
David O'Donnell, head of diversified portfolios at Brighter Super, has been named interim chief investment officer following Mark Rider's departure from the $36 billion fund. The Brisbane-based superannuation fund confirmed O'Donnell will ...

Betashares-backed firm names inaugural managing partner

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
Managed accounts provider Trellia Wealth Partners has made its first managing partner appointment, signalling a new phase of growth for the $10 billion business. In the new role, Cameron Spittle will oversee all aspects of the business, including strategic ...

Australian Ethical adds trader and BDM

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
... appointing a new business development manager and senior equities trader. Aaron Lin will support advisers in New South Wales, the ACT and Western Australia. The recruit brings significant experience and strong adviser relationships from his previous ...

Vanguard identifies strongest asset classes for coming decade

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
According to Vanguard's outlook, high-quality US fixed income, US value-oriented equities, and non-US developed markets equities will have the strongest risk-returns over the coming five to 10 years. Vanguard predicts US value-oriented equities will ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
After holding a roundtable discussion yesterday, Minister for Financial Services Daniel Mulino says all consumer-facing sub-sectors within the financial services sector, and all 23 retail-facing sub-sectors will foot the $47.3 million CSLR special levy. ...

ASIC issues $2.2m infringement notices

ANGELIQUE MINAS  |  THURSDAY, 11 DEC 2025
Following a three-month surveillance, ASIC has issued infringement notices to 12 large proprietaries companies for failing to lodge their FY24 audited financial reports on time. The household names facing infringement notices include Aje Hold, Bing ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... (Hillross), AMP and Resolution Life Australasia (formerly AMP Life) in 2020. Shine Lawyers alleged the AMP advisers failed to act in clients' best interests by selling in-house life insurance products at inflated prices, thus failing to provide them ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
APRA is imposing additional licence conditions on HESTA, finding it was inadequately prepared to effectively oversee and manage its recent administrator change. Earlier this year, HESTA switched administration providers, transitioning from MUFG to GROW ...

RBA opts to keep cash rate on hold

ANGELIQUE MINAS  |  WEDNESDAY, 10 DEC 2025
At its meeting yesterday, the Reserve Bank of Australia (RBA) reached a monetary policy decision to keep the cash rate unchanged at 3.6%. In explaining why, the board warned of possible rate rises in 2026 as it takes a more cautious response to inflationary ...