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Showing 61 - 70 of 4276 results for "Yesterday"

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... distress for affected members. These developments are deeply concerning," Sequoia said in an ASX statement released yesterday. "We remain confident in the strength of Australia's superannuation system, particularly the large platform market which ...

Linda Elkins joins AMP board, Slattery exits

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
Linda Elkins will be joining the AMP board, drawing on her more than 25-plus years in financial services, including top roles at KPMG, Colonial First State and Russell Investment. Starting 1 September, Elkins joins AMP Limited as a non-executive director ...

CFS taps JPMAM for private equity push

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... since 2008 the PEG team has generated direct alpha comfortably above the MSCI World Index on a net of fees basis." JPMAM yesterday announced that it joined forces with Commonwealth Private to launch Private Wealth Advantage, a self-directed investment ...

Betashares launches equity high yield ETF

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
Betashares has added a new equity-income focused ETF to its suite, which began trading on the ASX yesterday. The S&P Australian Shares High Yield ETF (HYLD) invests in a diversified exposure to a portfolio of 50 Australian shares with high forecast ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... billion in losses. In his address at the Financial Services Council's (FSC) Shaping advice in a time of change event yesterday, ASIC chair Joe Longo reiterated that the regulators are investigating the entire ecosystem that propped up aggressive ...

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... Wealth Management Services (PWMS) and Professional Wealth Investments (PWI) appeared in the Downing Centre Local Court yesterday on six charges of dishonest conduct in relation to a financial product, contrary to s 1041G of the Corporations Act and one ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
Macquarie Group suffered its first strike against its remuneration report at the annual general meeting yesterday, with 25.4% of shareholders expressing their dissatisfaction. Macquarie Group chair Glenn Stevens told the meeting that senior leaders ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... outcome. And I think it's fair to say as well that there were millions of people who were hoping for more rate relief yesterday and didn't get it. I think all of those things are self-evident," Chalmers said. "What we've done as a government is we've ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... of dollars in lost or inaccessible retirement savings. ASIC deputy chair Sarah Court pointed out at a media briefing yesterday that across the value chain - from the lead generator to the financial adviser and super fund to platforms such as Macquarie ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... Continuity Management and SPS 232 Business Continuity Management. APRA member Therese McCarthy Hockey told a media briefing yesterday that "the way we plan to test the industry and understand their ongoing investment in this space is on a staggered three-year ...