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Showing 921 - 930 of 18726 results for "ACT"

SQM sheds light on Shield Master Fund, First Guardian ratings

MATTHEW WAI  |  WEDNESDAY, 6 AUG 2025
SQM Research is facing scrutiny over its questionable ratings of the defunct Shield Master Fund and First Guardian schemes. SQM Research managing director Louis Christopher has released a statement overnight explaining the assigned ratings. Christopher ...

FCA fines Neil Woodford, WIM $94m

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
Former 'YouTube fundie' Neil Woodford and his defunct company have been collectively fined more than £45 million ($94m) by the Financial Conduct Authority (FCA). The regulator fined Woodford £5.89 million ($12.1m) and banned him from being ...

Pinnacle FUM soars, highlights 'tumultuous' year

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
Pinnacle Investment Management has delivered a positive full-year result, reporting a net profit after tax of $134.4 million, up from $90.4 million in FY24. Pinnacle also saw funds under management lifting from $110 billion in FY24 to $179.4 billion ...

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
... productivity gains worth as much as $10 billion a year. The report also looked at data protections embedded in the Privacy Act, and found they are costing business, limiting innovation, and in many cases, not providing the protections consumers expect. ...

New chief executive takes IFPA helm

STAFF WRITER  |  WEDNESDAY, 6 AUG 2025
Ky Wilson has taken over as chief executive of the Institute of Financial Professionals of Australia (IFPA). Wilson took on the role late last month after having served in an acting capacity as general manager for several months. She was previously ...

Commonwealth Private, JPMAM launch Private Wealth Advantage

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
Commonwealth Private has partnered with J.P. Morgan Asset Management (JPMAM) to launch Private Wealth Advantage, a self-directed investment option for wholesale investors. Private Wealth Advantage is a multi-asset class wealth offering that includes ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
APRA has placed an additional $5.5 million capital requirement and additional licence conditions on KeyInvest over risk framework flaws and questionable long-term objectives. KeyInvest is a life insurance company and friendly society that primarily ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
... Canberra and 196 OG Road in Adelaide. Lederer Group, a family business, owns properties in New South Wales, Queensland and the ACT, including 465 Victoria Avenue in Chatswood. Last year, Elanor sold its 12.56% stake in ECF to Lederer Group for nearly ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... commissioner Martin Stokie added. The report called for reforms to the Environment Protection and Biodiversity Conservation Act, which it said was slowing down vital approvals without effectively protecting the environment. These reforms would introduce ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
... taken in the context of the longer-term considerations arising out of the review." Under section 1069H of the Corporations Act, the minister has three high-level options for dealing with a revised estimate that exceeds a sub-sector levy cap. They are ...