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Showing 591 - 600 of 11121 results for "Account"

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... interests," he said. "While it is essential that those who misled trustees, research houses, and licensees are called to account, the Australian superannuation system has evolved to safeguard members and those safeguards must be fully utilised." InterPrac ...

Two CBA class action appeals dismissed

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
Commonwealth Bank (CBA) has defeated the appeals from the Zonia and Baron shareholder class actions in the Federal Court. The Full Court concluded that the appellants did not prove any loss, and there was no award of damages. The two class actions related ...

BlackRock nabs $122bn Citi mandate

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
BlackRock has been tapped by Citi Wealth to create a new portfolio offering for its clients - Citi Portfolio Solutions powered by BlackRock. The offering will combine the strategic investment advisory and planning capabilities of the leading global ...

ASIC, APRA outline regulatory reform opportunities

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have outlined opportunities for regulatory reform in letters sent to Treasurer Jim Chalmers and Finance Minister Katy Gallagher. APRA ...

Investors want regulatory clarity on digital assets: Binance

MATTHEW WAI  |  THURSDAY, 4 SEP 2025
Australian investors are urging authorities to come together to provide better protection and access to digital assets, as many are increasing their allocation to the sector, a new Binance survey found. The latest Binance Australia User Survey revealed ...

Fortitude Investment Partners expands team

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
Private equity manager Fortitude Investment Partners has made a string of appointments this month, including an investor services manager who had worked at Allan Gray (South Africa) for more than a decade. Akyere Sobukwe-Whyte has been appointed as ...

Using super as 'piggybank' would be a 'disaster': Schroder

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... between saving their money and spending it," he said. "Currently the system requires members to open a separate retirement account if they want to draw down - and another if they want to keep contributing. "A streamlined system is an obvious solution. ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
The retirement products of two industry superannuation funds and a corporate plan achieved double-digit returns of 10% p.a. or more over the last three years, a new analysis from Rainmaker Information shows. UniSuper's Pension Balanced option and ANZ ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... According to ASIC, Metal Alpha had a contracted relationship with AlphaThorn to assist AlphaThorn's managed discretionary account investments to wholesale investors through the AlphaThorn Secured Service from February 2019 and through the AlphaThorn ...

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
Praemium has integrated Clearstream's Vestima into its Spectrum platform, offering global fund access and operational efficiency for financial advisers. Vestima supports over 245,000 funds across 55 markets with nearly €4 trillion ($7tn) in assets ...