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Showing 851 - 860 of 18719 results for "ACT"

Exposure to US hitting Aussie companies: UniSuper

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
UniSuper head of fixed income David Colosimo has spoken in the wake of earnings season, noting Australian companies which rely on the US market have started taking a hit - and it may well continue. Colosimo pointed to CSL and James Hardie, both of which ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
Societe Generale (SocGen) has been fined $3.88 million by the Market Disciplinary Panel (MDP), following an ASIC investigation, for failing to prevent suspicious orders from being placed on the electricity and wheat futures market. ASIC said SocGen ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... he was only providing limited advice as they sought 'execution only advice', despite also telling them he was required to act in their best interests and providing comparisons regarding existing superannuation arrangements and the recommended SMSF and ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... the Federal Court to expand its existing proceeding against Merhi to "allege he engaged in unconscionable conduct, failed to act in the best interests of clients, gave conflicted advice, and provided defective statements of advice whilst receiving millions ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
Life insurers' earnings have more than doubled to $360 million in the 2025 financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment ...

FS Power50 shortlist revealed, voting opens

STAFF WRITER  |  SATURDAY, 30 AUG 2025
Voting for Australia's most influential financial advisers in the 2025 Financial Standard Power50 is now open. The shortlist of 120 financial advisers who have progressed to the voting stage after receiving more than 200 nominations has been revealed. ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
AMP, Insignia Financial and Bendigo SmartStart are the only superannuation fund providers whose platform trustee-directed products (TDP) failed APRA's latest performance test. Only seven out of the 563 products that APRA tested failed in its latest ...

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
As funds under management (FUM) hits nearly $5 billion, K2 Asset Management (KAM) flagged it is "now actively exploring mergers and acquisitions". KAM's responsible entity (RE), trustee and administration business drove FUM growth in the 12 months ...

Loftus Peak to launch hedged Global Disruption active ETF

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
Loftus Peak will list the Loftus Peak Global Disruption Hedged Active ETF on Monday. The ETF is a currency hedged version of its existing Loftus Peak Global Disruption Active ETF, which returned 27.56% net of fees in the year to July end. It will be ...

Trust key to client satisfaction in advice: Report

MATTHEW WAI  |  FRIDAY, 29 AUG 2025
Russell Investments' annual report on the value of financial advice shows ability to trust remains the core expectation when seeking advice. The 2025 Value of an Adviser Report, surveying some 700 Australian investors (advised and unadvised) and nearly ...