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Showing 961 - 970 of 18741 results for "Act"

Acenda Group names finance, risk leads

KARREN VERGARA  |  MONDAY, 28 JUL 2025
Acenda Group, which will result in the merger of Acenda and Resolution Life Australasia before the end of the year, has appointed its chief financial officer and chief risk officer. Karen Malzard has been named group chief risk officer. For the last ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... court dismissed the claims by ruling that the product was not a "debenture" and therefore has not breached the Corporations Act. ASIC has subsequently appealed the decision - but the effort has since been turned down. The ruling upheld the original court ...

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 ...

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
ASIC has banned another two former financial advisers of MWL Financial Services that were involved in investing clients' superannuation into the Shield Master Fund, as well as other breaches of obligations. Former financial advisers of MWL, Rocco ...

Ascalon snags Evidentia executive

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
Ascalon Capital continues to stack up its executive lineup, welcoming a new deputy chief executive. Shailesh Jain has joined the firm as partner and deputy chief executive. He will drive Ascalon's investment research and consulting initiatives ...

AI, corporate tax, skilled workers key to productivity: PC

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
The Productivity Commission says the nation should adopt a "growth mindset" by embracing artificial intelligence (AI), boosting human capital and rejigging corporate taxes to boost static productivity levels. The report, Growth mindset: how to boost ...

Macquarie chief financial officer steps down

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Macquarie chief financial officer Alex Harvey has decided to step down from the role and Macquarie's executive committee, effective 31 December 2025. Macquarie said Harvey intends to retire mid-2026 after completing an extended handover to his successor ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
Slater and Gordon Lawyers are investigating a potential class action on behalf of investors in First Guardian Master Fund and Shield Master Fund for allegedly operating a Ponzi scheme with thousands of Australians' superannuation savings. Slater and ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

Private debt leads fixed income returns: Research

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Morningstar Fixed Income Sector Wrap found the fixed income sector has seen a robust 12 months across the board. Morningstar's qualitative research assessments currently cover 79 fixed-income strategies available to Australian investors. "It was ...