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Showing 771 - 780 of 5469 results for "Matt"

Bell Asset Management names head of retail sales

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
Bell Asset Management has welcomed Andrew Stewart in the newly created role. The appointment forms part of a broader strategy to bolster the company's internal capabilities and drive growth across its global equities platform - particularly its high-conviction ...

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

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
ASIC intends to appeal the Full Federal Court's decision, now seeking special leave from the High Court in its case against Block Earner. The Federal Court decision found that a product issued by Block Earner, which allowed consumers to earn fixed ...

AFCA looks to expand jurisdiction over receiving banks in scams

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
The Australian Financial Complaints Authority (AFCA) is opening public consultation on a string of governance changes, with a key focus on expanding its jurisdiction to include receiving banks in scam complaints. Following an engagement with an external ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...

Alternatives spark 'real' opportunities for HNW advisers

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
There are an increasing number of high-net-worth (HNW) investors using alternative assets to diversify, protect against inflation and lessen returns related to the public markets, with Praemium saying advisers should look to capitalise from this trend. ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
NSX Limited (NSX), the operator of the National Stock Exchange of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
Former financial adviser David Mario Valvo, who doubled as a comedian, was sentenced to three years imprisonment. Valvo's sentence was handed down in Downing Centre District Court in February, but was suspended upon several conditions including that ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
Zurich Australia has paid two infringement notices totalling $37,560 issued by the Australian Securities and Investments Commission (ASIC) over alleged false and misleading statements to two policyholders. In May 2024, Zurich declined two trauma insurance ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
AUSTRAC has hit crypto exchange Cointree with a $75,120 infringement notice over alleged failures to submit suspicious matter reports (SMRs) to AUSTRAC on time. The action comes after Cointree voluntarily disclosed it had not met the reporting timeframes ...