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Showing 41 - 50 of 3231 results for "Employee"

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI | WEDNESDAY, 11 FEB 2026

... base, TCorp said. There has been a net increase of $1.4 billion in expenditure - totalling $129.0 billion in FY26 - with employee expenses now accounting for $50.8 billion (or 39.4%), an increase of $1 billion since the June update. "A fiscal strategy ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON | TUESDAY, 10 FEB 2026

... passports, bank accounts, and tax file numbers. The data was then released on the dark web. The breach occurred after a FIIG employee downloaded a.zip file containing malware while browsing the internet and went undetected by FIIG, even after it received ...

Treasury to reform managed investment scheme governance

KARREN VERGARA | TUESDAY, 10 FEB 2026

Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes ...

Member governed super boards deliver more: SMC

JAMIE WILLIAMSON | WEDNESDAY, 4 FEB 2026

Superannuation funds with employer and employee representatives on their boards generate billions in additional value for members, Super Members Council (SMC) says. In a new report, Member First Representation: The Profit to Member Governance Advantage ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA | MONDAY, 2 FEB 2026

... to remediate impacted customers, who will be contacted separately in due course." Justice Moshinsky concluded that the employee tasked with ensuring compliance with the DDO regime or the "DDO project manager" did not have appropriate experience or training. ...

Multi-boutique expands to Australia, seeks partners

KARREN VERGARA | FRIDAY, 30 JAN 2026

... confident of getting that to over $1 billion within the next five years," he said. William George recently joined the employee-owned firm from his role as associate director of The Table Club, an Australian family office network, where he worked for ...

Zurich Australia offloads investment management business

MATTHEW WAI | THURSDAY, 29 JAN 2026

Russell Investments is acquiring Zurich Investment Management (ZIM), the investment arm of Zurich Australia, adding close to $2 billion in funds under management (FUM). The transaction will lift Russell Investments' retail and wealth FUM in Australia ...

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

RIDDHIMA TALWANI | FRIDAY, 23 JAN 2026

... credentials on LinkedIn and claimed that he was working for Brigg Macadam, with the firm later stating that Torre was never an employee. "I find your offending was due to a combination of greed, incompetence and arrogance," Judge Prior said. "I must ...

Apostle executive exits

ELIZABETH FRY | THURSDAY, 22 JAN 2026

Apostle Funds Management has confirmed that managing director Mitchell Gunman has resigned after just one year in the role. Chief operating officer Adam Camillo has stepped in to manage day-to-day operations, with executive chair Karyn West supporting ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON | FRIDAY, 16 JAN 2026

... 213-205 to pass the legislation, which looks to curtail use of ESG by pension funds, particularly those governed under the Employee Retirement Income Security Act (ERISA). The bill was put forth by Congressman Rick Allen, who said the aim was to codify ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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