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Showing 1 - 10 of 46 results for "COP26"

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA | THURSDAY, 20 NOV 2025

The shadow minister for financial services Pat Conaghan has thrust ASIC front and centre of the First Guardian and Shield Master Fund collapses, saying it should take accountability for its delayed action and it is high time for its reformation. Conaghan ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON | THURSDAY, 27 FEB 2025

The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

Early release of super scammers cop prison time

KARREN VERGARA | FRIDAY, 31 MAY 2024

Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS | THURSDAY, 29 FEB 2024

The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Twynam Group targets US$50m for new fund

CHLOE WALKER | TUESDAY, 20 FEB 2024

The Kahlbetzer family office's investment arm is seeking to raise $50 million for a new fund that focuses on companies with technology capable of reducing carbon emissions. Since its launch in mid-2023, the Twynam Earth Fund has received backing ...

Link Group to cop $418m loss

JAMIE WILLIAMSON | THURSDAY, 3 AUG 2023

Link Group has advised investors it expects to post a $417.7 million loss for FY23, largely the result of its issues in the UK. In April, Link Group reached a conditional agreement with the UK regulator, the Financial Conduct Authority, to settle its ...

New product lead at Equip Super

ELIZABETH FRY | FRIDAY, 28 JUL 2023

Equip Super has strengthened its leadership team with the appointment of a highly experienced product lead. Reporting to Equip Super chief member officer Alexis Harrison, Anthony Angelucci has been recruited to drive Equip Super's product strategy. ...

Life, funeral insurers cop $14m fine

KARREN VERGARA | WEDNESDAY, 5 JUL 2023

The disgraced director of Select AFSL, the company the Hayne Royal Commission exposed for hawking life and funeral insurance to vulnerable customers, has been banned from managing a company for five years, while his companies were fined $13.5 million. ...

Cbus informs members of premium changes

JAMIE WILLIAMSON | TUESDAY, 4 JUL 2023

Almost all Cbus members will see their death and TPD premiums drop next month, however most of the fund's older members will pay more. Premiums will rise from August 26, members were told, with the industry fund saying the increase for older members ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI | THURSDAY, 16 FEB 2023

At a hearing this morning, Senator Andrew Bragg called out ASIC chair Joe Longo after he opted not to answer questions about ASIC commissioners investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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