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Showing 71 - 80 of 5177 results for "YES"

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Sequoia Financial Group's InterPrac Financial Planning is facing $22 million worth of complaints lodged with the Australian Financial Complaints Authority (AFCA) for its advisers' role in the collapse of the Shield Master Fund and First Guardian ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Treasury has launched two consultations relating to the retirement phase, one of which seeks the right metrics and indicators to create transparency and improve retirement outcomes. The proposed Retirement Reporting Framework will require trustees to ...

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
Colonial First State (CFS) has tapped J.P. Morgan Asset Management (JPMAM) to help launch its first private equity offering. JPMAM's Private Equity Group (PEG), which manages US$35 billion in for global clients, will invest in secondaries and co-investments ...

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 ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... specialist 'strike team' should also be established to ensure priority projects are efficiently assessed, the PC said. "Getting to yes or no quicker on priority projects would meaningfully speed up the clean energy transition," Stokie said. Lastly, the ...

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

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
ASIC fired a stern warning to superannuation funds about "passing the buck" to financial advisers and shedding responsibility for overlooking dodgy investment options as the fallout from the Shield Master Fund and First Guardian Master Fund mounts to ...

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
A permanently banned former financial adviser has been slapped with multiple charges for allegedly making dishonest representations to potential investors in relation to acquiring shares in his own doomed company. Donald James Cuthbertson, the founder ...

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
The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ...