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Showing 71 - 80 of 38095 results for "Year"

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN | THURSDAY, 21 MAY 2026

... Court and we expect further action to follow." Following ASIC launching its initial proceedings against Equity Trustees last year, it determined to make an application to the government under Part 23 of the SIS Act for help in making First Guardian and ...

Data, compliance key to successful technology-enabled advice

KARREN VERGARA | WEDNESDAY, 20 MAY 2026

... provided to clients, it's too late. This idea that compliance groups and consultants do four checks on client advice per year is a huge risk to the industry." The end of the process culminates in an "ASIC-level, AFCA-level and a licensee-level audit" ...

Australian Unity hires from HESTA

ELIZA BAVIN | WEDNESDAY, 20 MAY 2026

After close to 17 years with HESTA, the mainstay will take on a new role as chief investment officer at Australian Unity. After closed to 17 years with HESTA, Andrew Major will join Australian Unity as chief investment officer in the wealth and capital ...

Emerging markets progress from consumption to innovation: Experts

KARREN VERGARA | WEDNESDAY, 20 MAY 2026

... Magnificent Seven becoming expensive. At the performance level, the MSCI Emerging Markets Index has delivered about 44% p.a. in the year to April, while the MSCI World returned 28% p.a. Year-to-date, this works out to be 14% p.a. and 5.26% p.a. respectively. ...

Investors thrust into rules of the 'jungle': Economist

KARREN VERGARA | WEDNESDAY, 20 MAY 2026

... economic cycle is not as straightforward as perhaps where it once was," Mousina said. The S&P 500, for example, is up nearly 8% year-to-date after falling about 8% at the start of the US-Israel war in the Middle East. The US market is outperforming relative ...

AustralianSuper hires head of AI

ELIZA BAVIN | WEDNESDAY, 20 MAY 2026

... partner Ignition to start rolling out digital advice options for the fund's 3.6 million members in the second half of this year, with the aim to release all digital advice journeys across the 2026/27 financial year.

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI | WEDNESDAY, 20 MAY 2026

... The changes will set a new performance target to decide all low-risk applications within 30 days from the beginning of next year. It will also update and remove ineffective conditions on existing foreign investment approvals. The government will amend ...

Federated Hermes launches global equity fund

VINNY VUCAGO | WEDNESDAY, 20 MAY 2026

... ESG considerations. The launch marks Federated Hermes' second wholesale fund introduced to the Australian market this year, following the February rollout of its Global Trade Finance Fund. The firm already has a sizeable institutional footprint locally ...

Bell Financial launches Tandem Capital

VINNY VUCAGO | WEDNESDAY, 20 MAY 2026

Bell Financial Group has announced the launch of Tandem Capital expanding its platforms division with a new margin lending and at-call investment offering aimed at advisers and their clients. The new business will provide advisers with access to margin ...

Vital Business Partners names chief executive

MATTHEW WAI | WEDNESDAY, 20 MAY 2026

... appointed a new chief executive, replacing Nathan Jacobsen who joined the parent company as chief operating officer earlier this year but continued to oversee the management of VBP. VBP has appointed former Godfrey Pembroke chief executive Mark Fisher ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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