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Showing 51 - 60 of 808 results for "Group of 20"

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC is investigating Queensland financial services firm Australian Fiduciaries, which has $160 million of investor money, and seeks asset preservation orders and the appointment of receivers. ASIC believes that about 600 retail investors have invested ...

Bentham adds to distribution team

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
Bentham Asset Management has expanded its distribution capabilities with the appointment of René Tetteroo as senior distribution manager and Joshua Poia as business development manager. The strategic hires come as Bentham continues to see heightened ...

Treasury welcomes new leader

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
The Secretary of the Department of Finance will make history as the first woman to lead Treasury, commencing June 16. Jenny Wilkinson will replace Steven Kennedy, who is taking on a new role of Secretary of the Department of the Prime Minister and Cabinet. ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
Collapsed cryptocurrency exchange FTX is set to pay out US$5 billion to creditors starting May 30. The proceeds will be distributed via the FTX Recovery Trust to eligible creditors either on BitGo or Kraken. This is the second round of distributions ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
The SMSF Association (SMSFA) is repeating calls for the government to address "catastrophic" flaws in its proposed superannuation tax. SMSFA chief executive Peter Burgess said the critical flaw in the proposed tax is its calculation of investment earnings ...

ART promotes high-profile retirement specialist

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
Australian Retirement Trust has promoted its high-profile asset liability management lead to a more senior retirement job. Longstanding executive and renowned retirement specialist Brnic Van Wyk has been elevated to principal of retirement solutions ...

FNZ faces revolt from employee shareholders

KARREN VERGARA  |  TUESDAY, 29 APR 2025
FNZ employee shareholders are revolting against the global technology firm for allegedly diluting their ownership by US$4.5 billion with three capital raises in 12 months. A group of past and present FNZ employees are threatening a class action against ...

Cbus plays it steady amid rocky start to the year

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
After a stretch that's favoured equities, particularly passive strategies, which hasn't bode well for active management or diversified portfolios, the tide is beginning to turn, according to Cbus deputy chief investment officer Leigh Gavin. Gavin said ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...