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Showing 51 - 60 of 463 results for "Subsequently"

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... claims by ruling that the product was not a "debenture" and therefore has not breached the Corporations Act. ASIC has subsequently appealed the decision - but the effort has since been turned down. The ruling upheld the original court decision. ASIC ...

REI Super delivers double-digit returns in FY25

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
... higher exposure to listed assets across Australian and international shares contributed to the results. The fund has subsequently tuned down allocations towards unlisted property. Commenting, REI Super chief executive Jarrod Coysh said: "These are excellent ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... placed a takeover bid to acquire all of Insignia's shares at $4 cash per share late last year ; the offer was subsequently rejected. At the beginning of the year, CC Capital expressed interest in the takeover by offering a higher sum for the shares. ...

Potential Insignia takeover edges closer

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
... placed a takeover bid to acquire all of Insignia's shares at $4 cash per share late last year ; the offer was subsequently rejected. At the beginning of the year, CC Capital Partners expressed interest in the takeover by offering a higher sum for ...

APRA plans to remove 'unnecessary obstacles' for longevity products

ANDREW MCKEAN  |  THURSDAY, 12 JUN 2025
... may "exacerbate procyclicality" by requiring life insurers to liquidate assets during a market downturn. APRA has subsequently proposed to redesign the illiquidity premium in Prudential StandardLPS 112 Capital Adequacy: Measurement of Capital (LPS 112). ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... bill, claiming that it won't impact politicians with specific defined benefit schemes that pre-date 2004; Chalmers subsequently confirmed that all politicians will be subject to the tax. Other industry parties, including the SMSF Association have previously ...

Super needs customised, personalised approach: FSC

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... choices that are aligned with their personal goals, rather than encouraged by regulation, to remain disengaged and subsequently shoehorned into default retirement products."

Escala poised to overhaul strategy

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... pivotal role in establishing Crestone Wealth Management's Melbourne operations before joining Koda Capital and subsequently reuniting with Escala's founders two years ago. Perry brings more than 25 years of financial services experience, having ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... relevant or necessary in light of their individual circumstances and any information that had already been provided. Subsequently when the standard information was not provided, Resimac "summarily rejected their hardship applications." The conduct contravened ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... Following ASIC's investigation, Valvo has had his assets frozen and been barred from leaving the country in 2023 ; he was subsequently charged in the following year. In sentencing the judge remarked that Valvo was "clearly in a position of trust and ...