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Showing 741 - 750 of 10361 results for "Trust"

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
ASIC commissioner Simone Constant says that three years into the Retirement Income Covenant, things are "not where we'd hoped to be". Speaking at a FINSIA event on Friday, Constant said there is still room to improve the ways super trustees serve their ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
... recognition of risk factors and better support for vulnerable complainants, ultimately reducing costs for survivors and restoring trust in systems designed to protect their retirement funds. SMC chief executive Mischa Shubert urged the super system to ...

Australia's top allocators to share insights at InDay

STAFF WRITER  |  FRIDAY, 12 SEP 2025
... family offices, and institutional investors. This year's keynote address will be delivered by Australian Retirement Trust head of investment strategy Andrew Fisher, while a special keynote fireside discussion will be held with Graham Capital Management ...

Macquarie AM wins sovereign wealth fund mandate

KARREN VERGARA  |  FRIDAY, 12 SEP 2025
... Scoreboard. In 2025, PIF tied for first place globally among 200 sovereign investors, with a score of 100%. Australian Retirement Trust (ART) recently announced it will invest $1 billion in the Macquarie Green Energy and Climate Opportunities Fund (MGECO) ...

Super SA welcomes chief executive

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
Super SA recently appointed a permanent chief executive, about a year after the swift exit of Dini Soulio. Tricia Blight took over as chief executive of Super SA in July, appointed by the South Australian Department of Treasury and Finance. Blight has ...

AI adoption by investors 'grows rapidly': Research

RIDDHIMA TALWANI  |  THURSDAY, 11 SEP 2025
... guide how they invest. Ainslie van Onselen, CA ANZ chief executive, said AI is changing the landscape for retail investors. Trust deficit, however, remains high with 43% of the investors saying they lacked confidence in the information produced, and ...

ART invests $1bn in Macquarie fund

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025
Australian Retirement Trust says it will deploy at least $2 billion by 2030 toward assets which can deliver returns for members whilst also generating social and environmental benefits in areas prioritised by ART. As part of its first major investment ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... access financial compensation due to poor or negligent financial advice, claiming that the scheme will uplift consumers' trust and confidence in the sector, making it imperative that the "right mechanism" is chosen to meet the shortfall.