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Showing 51 - 60 of 1865 results for "Authority"

'No benefit in switching super': AFCA finalises FSGA lead decision

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
The Australian Financial Complaints Authority (AFCA) has determined inappropriate advice provided by Financial Services Group Australia (FSGA) led to one client's $200,000 financial loss. In December, AFCA said it received more than 1800 complainants ...

AOFM names lead managers for 2037 Treasury Bond

ELIZA BAVIN  |  WEDNESDAY, 21 JAN 2026
... benchmark bond offering, set to mature on 21 October 2037. The AOFM acts as the Commonwealth government's central borrowing authority, managing the government's debt and investment portfolios. The new 4.75% 21 October 2037 Treasury Bond was issued via ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
The Australian Financial Complaints Authority (AFCA) has finalised its review of MWL Financial Services' lead decision, confirming the business, which is in liquidation, did not act in the complainant's best interest. In December, AFCA unveiled the ...

Legalsuper executives depart amid reorganisation

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JAN 2026
... for Disability, Vicsport, Garden Village Port Macquarie, Hunter Water, Netball Australia, and the NSW Rural Assistance Authority. The new chief member role is currently being recruited for and will "bring a contemporary mix of digital and human capabilities ...

ASIC seeks feedback on updating financial reports relief guidance

MATTHEW WAI  |  TUESDAY, 13 JAN 2026
... provide retrospective relief and where it may be able to grant prospective relief, while highlighting the areas the authority is unlikely to provide a no-action letter in the context of corporate restructuring following a merger or acquisition. The draft ...

APRA executive director of super, life insurance exits

RIDDHIMA TALWANI  |  MONDAY, 12 JAN 2026
The Australian Prudential Regulation Authority (APRA) has noted the departure of executive director life insurance, private health insurance and superannuation (LPHIS) Carmen Beverley-Smith. APRA said Beverley-Smith has resigned to take up an opportunity ...

Saudi Arabia opens access for foreign investors

MATTHEW WAI  |  THURSDAY, 8 JAN 2026
Saudi Arabia's Capital Market Authority (CMA) is opening its capital market to foreign investors from February 1, a move it said will expand and diversify the investor base while enhancing market liquidity. The announcement follows the CMA board's ...

Janus Henderson acquired for $11bn, set to go private

MATTHEW WAI  |  TUESDAY, 23 DEC 2025
... managed by Trian and General Catalyst supported by financing commitments from global investors, including Qatar Investment Authority (QIA) and Sun Hung Kai & Co. Limited, as well as MassMutual, and others. QIA chief executive Mohammed Saif Al-Sowaidi ...

AFCA streamlines approach to over 1800 Shield, First Guardian complaints

MATTHEW WAI  |  MONDAY, 22 DEC 2025
The Australian Financial Complaints Authority (AFCA) has released details of its lead decision approach for Shield Master Fund and First Guardian Master Fund complaints, aiming to deliver a "consistent and fair" outcome for all affected investors. The ...

Super moves: Aware, VFMC, CareSuper, UniSuper, NGS

ELIZABETH FRY  |  THURSDAY, 18 DEC 2025
... sits on the board of the Guardians of New Zealand Superannuation, governing NZ Super, and is a member of the Monetary Authority of Singapore's investment and risk advisory panel. Aware Super chair Christine McLoughlin said Brake's investment ...