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Showing 1 - 10 of 7225 results for "June 27"

GDG sales hit record as FUM grows 29%

VINNY VUCAGO  |  FRIDAY, 23 OCT 2026
Generation Development Group (GDG) reported stronger funds under management (FUM) across its wealth business in the September quarter, led by record investment-bond sales at Generation Life despite more cautious investor and adviser activity. Group ...

Advised cover faces claims data test

VINNY VUCAGO  |  THURSDAY, 22 OCT 2026
Group superannuation insurance appears to outperform individual advised cover on some claim's measures, raising questions about the value of advice when it comes to protecting clients against disability. However, acceptance rates and dispute figures ...

Perpetual asset management outflows hit $9.6bn

VINNY VUCAGO  |  WEDNESDAY, 21 OCT 2026
Perpetual's asset management business recorded $9.6 billion in net outflows during the September quarter, weighing on funds under management as its Corporate Trust Division reached a record $1.4 trillion in funds under administration. Total assets under ...

Gas transition to take 'decades rather than years': UniSuper

RIDDHIMA TALWANI  |  WEDNESDAY, 21 OCT 2026
UniSuper chief investment officer John Pearce said as the pace of decarbonisation moderates, natural gas is increasingly recognised as an important component of the global energy mix. "The practical reality is that gas is likely to play a transitional ...

Adviser stripped of AFSL he claimed he didn't hold

MATTHEW WAI  |  WEDNESDAY, 21 OCT 2026
ASIC has ceased the Australian financial services licence (AFSL) of a New South Wales financial adviser after he failed to comply with licensee obligations, including payment to statutory levies. Kyle Clifford Frost's AFSL cancellation took effect ...

ASX turns up heat on Clime Capital following KPMG scrutiny

KARREN VERGARA  |  TUESDAY, 20 OCT 2026
The ASX has also raised concerns over Clime Capital's valuation of its unlisted assets portfolio and the qualified opinion that was eventually handed down by its auditor KPMG. The bourse sought clarification on how Clime Capital came to value its ...

Panacea Capital director charged over $4.4m crypto fund

VINNY VUCAGO  |  TUESDAY, 20 OCT 2026
Panacea Capital director Brian Jacques Creigh has been charged with criminal offences relating to an unlicensed cryptocurrency investment fund, including dealing with proceeds of crime worth $1 million or more. Creigh appeared in the Melbourne Magistrates' ...

ASIC stalls Sequoia bid to ditch cross guarantee deed

KARREN VERGARA  |  MONDAY, 19 OCT 2026
ASIC is again putting up roadblocks to Sequoia Financial Group's attempt to revoke the deed of cross guarantee with InterPrac Financial Planning, asking more questions and requesting more information before the group rids itself of all liabilities arising ...

TPD claims drive insurance disputes

VINNY VUCAGO  |  MONDAY, 19 OCT 2026
Australia's life insurers continue to accept most claims, but total and permanent disability (TPD) and disability income insurance claims remain the main sources of disputes and delays, according to the latest data from APRA and ASIC. The Australian ...

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders. Late September ...
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