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Showing 71 - 80 of 674 results for "Lodge"

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
Over two million Australians, mostly women, have suffered financial abuse at the hands of an intimate partner, sometimes through the weaponisation of the tax system, with impacts that can be "devastating and long-lasting" to survivors and their families ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... Private Placement Program" which offered high-yield returns. Suetonius' AFSL was cancelled in March 2024 after failing to lodge its financial statements and audit reports for the 2021, 2022, and 2023 financial years. ASIC determined that Surtenich has ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... given Bain Capital, CC Capital Partners, and Brookfield Asset Management's UK business until the end of February to lodge their final offers. The wealth manager has not provided an update around the potential takeovers yet.

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... has given Bain Capital, CC Capital Partners, and Brookfield Asset Management's UK business until the end of the month to lodge their final offers. Insignia maintained the pause on dividends, saying it needed to maintain balance sheet flexibility and ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
Keybridge Capital has appointed Gideon Rathner from Lowe Lippmann Chartered Accountants as voluntary administrator, with the board blaming its ongoing feud with WAM Active (WAM). The Keybridge board said court orders being sought by WAM prevented Keybridge ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
AustralianSuper is being investigated by ASIC over delays in paying out death benefits, after it remediated members last year. AustralianSuper announced last November that it would compensate around 7000 beneficiaries with $4.2 million for death benefit ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Hostplus published its inaugural Service Standards Report, aimed at improving transparency and accountability, with hopes other funds will follow suit. Hostplus chief executive David Elia said the report provides a comprehensive view of the volume ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
Licensees are generally slow to report to ASIC because of deficient internal processes and poor monitoring of compliance with the reportable situations regime, a review found. Recent surveillance by ASIC found financial services and credit licensees ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
ASIC commissioner Simone Constant said the corporate regulator is focused on driving consistency and transparency around super fund investments in the private market. "We have an ongoing dialogue with APRA's work around the valuation of unlisted assets ...