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Showing 61 - 70 of 5850 results for "July"

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... Derivatives, to pay $10 million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings against the crypto platform in December 2024 alleging the entity ...

New deputy chair for FSC

KARREN VERGARA  |  FRIDAY, 27 MAR 2026
... Zealand, replacing Simon Doyle as Schroders' chief executive in February. Vernon became chief financial officer at AMP in July 2023, having previously served as group executive, transformation for AMP and the lead for the New Zealand business.

Brighter Super, QIC back autonomous robot company

KARREN VERGARA  |  WEDNESDAY, 25 MAR 2026
... Group drummed up $8 million in commitments. The deal is part of the $50 million mandate QIC won from Brighter Super last July to help drive investments in Queensland-based, high-growth businesses. FMT builds autonomous robots that work in collaboration ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... erosion of super balances, including from inappropriate advice fee charges," Longo lectured the sector at a conference last July. "You can't pass the buck by saying, 'Well, there's an adviser in the picture, so as trustees we have a diminished ...

APRA greenlights Insignia Financial takeover

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2026
... has provided approval for Insignia Financial to be taken over by CC Capital's Daintree Bidco. Under the deal announced in July 2025, APRA's approval was required for Daintree Bidco to hold a controlling stake in Insignia Trustees. The acquisition still ...

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... First Super members will be provided by TAL. The mandate sat with MetLife for the past 14 years, having been appointed in July 2012. Under the change, the premiums per unit or dollar of income protection and death cover will decrease. Income protection ...

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... year and sets the adjustment factors for capital gains tax for large super funds. The consultation closes on April 7. From July 1, a 30% tax rate will apply on earnings from superannuation balances between $3 million and $10 million. For balances over ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
... for other categories of licensees as this will inform future ASIC work. ASIC said it will announce its final position by 31 July 2026. The last time NTA financial thresholds were amended was in July 2013. ASIC said now is an appropriate time to review ...

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
... complaints provisions. Previously, it was able to accept some complaints dating back to 1 January 2008 during the period of 1 July 2019 to 30 June 2020 but is no longer doing this. The changes took effect on March 12 and are reflected in AFCA's Rules ...

Perpetual CIO jumps to Pinnacle

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
... initiatives and providing strategic guidance to its affiliated investment managers, according to a release. Interestingly, last July, Pinnacle made a strategic investment in FinCap Group to support the launch of a private assets managed accounts platform ...