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Showing 791 - 800 of 18726 results for "Act"

SMC calls for simplified retirement system

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
Super Members Council (SMC) has urged Treasury to simplify the retirement system, saying it is too complex. The comments come as a response to Treasury's consultation paper on best practice principles. SMC said it broadly supports the intent of ...

More than 75% of asset owners wary of trade disputes

ANGELIQUE MINAS  |  WEDNESDAY, 24 SEP 2025
The fourth annual Voice of the Asset Owner survey conducted by Morningstar Indexes and Morningstar Sustainalytics reveals how global asset owners are navigating an evolving investment landscape amid global disruptions and climate imperatives. It found ...

GIM director slapped with travel restraints

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
Global Investment Marketing (GIM) director Darren Geddes has been barred from leaving the country for the next six months as ASIC alleges he misappropriated money via a sham bond investment scheme. ASIC did not provide details behind its allegations ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
The failures of Shield Master Fund and First Guardian Master Fund has pushed governance to the forefront - particularly among wholesale investors, according to Magellan Financial Group. Sophia Rahmani, chief executive and managing director of Magellan ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
Stakeholders have welcomed the findings of ASIC's interim report on Australia's private credit sector, saying it serves as a timely call for greater transparency. The report found there are many improvements to be made in the sector, particularly in ...

Vale Rupert Smoker

MATTHEW WAI  |  TUESDAY, 23 SEP 2025
Evolution Trustees chief executive Rupert Smoker has passed away at the age of 47. Smoker co-founded Evolution Trustees almost a decade ago and served as chief executive. He was well known in the financial services industry, particularly through his ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
The Federal Court has disqualified Queensland-based director David Hodgson from managing corporations for five years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes ...

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
Diversa is closing one of its superannuation funds following a rapid decline in member accounts and funds under management. The Personal Choice Private Fund is being terminated and is expected to be wound up by 30 June 2026. All member accounts must ...

National decline in retirement confidence: AMP

ANGELIQUE MINAS  |  MONDAY, 22 SEP 2025
AMP has launched Retirement Confidence Pulse, a new barometer to measure how financially confident Australians feel about life after work. The inaugural score is a concerning 50/100. Amidst a cost-of-living crisis and spikes in household expenses, the ...

MHC Digital partners to launch stablecoin platform

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... continue to gain traction globally; Japan recently approved a licensed yen-backed token (JPYC), while in the US, the Genius Act continues to underscore stablecoins' role in the financial system, Carnegie noted. "Stablecoins are already the fastest-scaling ...