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Showing 551 - 560 of 19564 results for "Ban"

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
Macquarie Group suffered its first strike against its remuneration report at the annual general meeting yesterday, with 25.4% of shareholders expressing their dissatisfaction. Macquarie Group chair Glenn Stevens told the meeting that senior leaders ...

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
ASIC has banned another two former financial advisers of MWL Financial Services that were involved in investing clients' superannuation into the Shield Master Fund, as well as other breaches of obligations. Former financial advisers of MWL, Rocco ...

Bullock reaffirms RBA's 'gradual easing' policy

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's policy of gradually easing interest rates, as economists continue to price in a cut next month. Speaking at the Anika Foundation Fundraising Lunch, Bullock said ...

Picture Wealth named fastest-growing planner: report

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2025
A financial planning group that began life as a fintech start-up is enjoying a rapid growth phase. Picture Wealth Advisory leads the top 10 AFSLs with the highest number of new advisers in the year to June, based on a new financial adviser report released ...

Future Generation delivers 10.8%, increases dividend

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Future Generation Australia has increased its interim dividend for the 10 th consecutive year to 3.6 cents per share, after reporting investment returns up 10.8% in the 12 months to June. "Th company has increased its dividend every year for the past ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

Private debt leads fixed income returns: Research

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Morningstar Fixed Income Sector Wrap found the fixed income sector has seen a robust 12 months across the board. Morningstar's qualitative research assessments currently cover 79 fixed-income strategies available to Australian investors. "It was ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
ASIC has permanently banned the founder of Maxwell Financial Services and Asset Capital Holdings, Matthew Allen Beresford, from working in financial services, after he was found guilty of running an investment scam. ASIC has also permanently banned ...

Financial services workers earn 12% pay rise

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
Financial services employees saw their pay packets rise 12% in the last 12 months, according to Hays' annual Salary Guide, outpacing salary growth for lawyers and technology professionals. After canvassing more than 12,000 employees from Australia ...

Brookfield takes stake in Cromwell

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
Brookfield will soon take over a 19.9% stake in Cromwell Property Group as ESR Group sells down its remaining stake. Cromwell confirmed to the ASX that Brookfield has signed a binding sale and purchase agreement to purchase the interest. This is subject ...