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Showing 611 - 620 of 18719 results for "ACT"

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
The California State Teachers' Retirement System (CalSTRS) has won a landmark settlement against current and former directors and officers of Meta. The derivative lawsuit was brought to the Delaware Court of Chancery several years ago on behalf of Meta ...

Sequoia shares dive nearly 50%

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
Sequoia Financial Group's share price has dived nearly 50% since the start of the year, compounded by ASIC's recent lawsuit against subsidiary InterPrac Financial Planning, which has wiped millions from its market cap. Sequoia's share price ...

Two financial services directors fined $15k over reporting failures

MATTHEW WAI  |  TUESDAY, 25 NOV 2025
... lodge financial statements and auditor's reports to ASIC are criminal offences under 989B(2) and s989B(3) of the Corporations Act 2001.

Macquarie makes bid for Qube

RIDDHIMA TALWANI  |  MONDAY, 24 NOV 2025
Macquarie Asset Management (MAM) has made a proposal to acquire Qube Holdings for $5.20 per share. Both firms have now entered a deed which gives Macquarie an exclusivity period until February 2026 to carry out its due diligence on the logistics firm. ...

PPS Mutual appoints head of distribution

KARREN VERGARA  |  MONDAY, 24 NOV 2025
PPS Mutual has appointed a new head of distribution, succeeding Brian Pillemer who is retiring. Daniel Waller takes on the role after finishing up a career break to look after his family. Waller was previously the general manager of business partnerships ...

Quay Global lists two active ETFs

ANGELIQUE MINAS  |  MONDAY, 24 NOV 2025
Quay Global Investors (Quay) launched two new actively managed ETFs. The Quay Global Real Estate Fund (Unhedged) Active ETF and the Quay Global Real Estate Fund (AUD Hedged) Active ETF are available for trading on the ASX from today. The two funds will ...

AustralianSuper names chief financial officer

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
AustralianSuper has named a new chief financial officer, who will commence in December. Jessica Chen, the current general manager of financial performance at QBE Insurance, will join the $400 billion super fund as chief financial officer, bringing two ...

PE activity to continue momentum in 2026: Corrs

RIDDHIMA TALWANI  |  FRIDAY, 21 NOV 2025
Private equity activity will continue gaining momentum in the next year, according to the 2026 outlook by Corrs Chambers Westgarth. Corrs expects continued appetite for growth in technology, business services and financial services, and growing interest ...

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
... how advisers may need to refresh their compliance framework to prepare for the upcoming changes. According to the AML/CTF Act, a financial adviser or an authorised representative of an Australian financial services licence (AFSL) is providing an item ...

Hostplus snares LGT Wealth deputy CIO

ELIZABETH FRY  |  THURSDAY, 20 NOV 2025
The deputy chief investment officer of LGT Wealth Management has joined the investments team at Hostplus, the $140 billion superannuation fund. Kevin Wan Lum has taken up the post of executive manager of investment research - a critical role given that ...