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Showing 71 - 80 of 4047 results for "LIT"

APRA's fresh guardrails to impact property investors

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
The Australian Prudential Regulation Authority (APRA) will limit high debt-to-income (DTI) home lending in a move to pre-emptively contain a build-up of housing-related vulnerabilities in the financial system, APRA chair John Lonsdale said. From 1 February ...

Super funds lagging RIC obligations: Pulse Check

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
ASIC and APRA have released the findings of the 2025 Pulse Check on retirement income covenant (RIC) implementation, painting a fairly dire picture of how super funds are understanding and meeting member needs. While the regulators said some improvements ...

DC funds "leaving member money on the table": Report

ANGELIQUE MINAS  |  WEDNESDAY, 26 NOV 2025
In a recent global peer study conducted by the Thinking Ahead Institute (TAI), defined contribution (DC) pension funds said they are concerned some members are not saving enough for retirement. The study found 60% of respondents are concerned their ...

TelstraSuper members caught off guard by Direct Access closure

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
As it prepares to merge with Aware Super, TelstraSuper is closing its Direct Access option - and some members aren't happy about it. Last week, TelstraSuper informed members that Direct Access would be closed to new investments from this week. The ...

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
The California State Teachers' Retirement System (CalSTRS) has won a landmark settlement against current and former directors and officers of Meta. The derivative lawsuit was brought to the Delaware Court of Chancery several years ago on behalf of Meta ...

Sequoia shares dive nearly 50%

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
Sequoia Financial Group's share price has dived nearly 50% since the start of the year, compounded by ASIC's recent lawsuit against subsidiary InterPrac Financial Planning, which has wiped millions from its market cap. Sequoia's share price ...

Magellan global equities lead exits amid investigation

JAMIE WILLIAMSON  |  THURSDAY, 20 NOV 2025
Magellan Financial Group's head of global equities has resigned following reports alleging he was in a relationship with a junior employee. The Australian Financial Review reported overnight that Arvid Streimann was allegedly in a relationship with ...

Sequoia boasts of 'good governance' despite ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 20 NOV 2025
Sequoia Financial Group's chair has told shareholders that "good governance remains central" to how it operates and confirmed it is in talks with Netwealth and Macquarie over their decision to bar InterPrac advisers. Addressing its annual general ...

Why risk advice is on the verge of collapse: Experts

MATTHEW WAI  |  WEDNESDAY, 19 NOV 2025
The challenges around risk advice have forced many advisers to abandon the sector. With greater complexity and a dwindling number of specialists, experts fear the risk market may cease to exist, the FAAA Congress 2025 has heard. There are currently ...

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
FNZ, the global wealth management platform, has secured US$650 million in new equity funding from institutional shareholders to support its long-term business plan. The investment comes from sophisticated investors, including La Caisse, Generation Investment ...