Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 47 results for "Phoenix"

Court orders ASIC to preserve assets from doomed trust

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
... Construction Management; Great Northern Bundaberg; Great Northern Investments; Great Northern Morayfield; Great Northern Phoenix Group; Great Northern Properties; Great Northern Victoria; Ironbark Energy; Knightsbridge Realty; and Richmond Corporation ...

FAAA urges insolvency crackdown to curb soaring CSLR costs

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
... operators in the profession through the CSLR," he said. He notes reforms to Australia's insolvency regime should make phoenix activity more difficult and give liquidators stronger powers to pursue those responsible. "It is important that any changes ...

Financial services investment leaders celebrated

STAFF WRITER  |  FRIDAY, 12 JUN 2026
... International Equity Index Fund. In the international small cap space, Cromwell Funds Management was recognised for the Cromwell Phoenix Global Opportunities Fund. For international listed property, SG Hiscock & Company was recognised for the SGH LaSalle ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
... the biggest names in film and television, including Don Cheadle, Mark Ruffalo, Chelsea Handler, Danny DeVito, Joaquin Phoenix, Sally Field, Julianne Moore, Josh Brolin, Martin Sheen, and Jane Fonda. So far, some 207 signatures have been collected. The ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... government to make sure that there are greater penalties for those who do not pay their AFCA determinations, and then phoenix and operate in some other capacity. It's an area that we're interested in, and we'll certainly want to make sure ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Total compensation for Dixon Advisory victims has reached $338.6 million as the Australian Financial Complaints Authority (AFCA) caps the total number of complainants at 2773. The Financial Advice Association Australia (FAAA) calculates that the financial ...

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... possible misconduct. For example, the regulator said it uses information from some of the reports received to monitor 'phoenix' behaviour - when a new company, for little or no value, continues the business of an existing company that has been liquidated ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
APRA has released a technical determination, aiming to standardise the amalgamation of MySuper product performance histories. The announcement marks the culmination of consultations held in April 2023. The Superannuation Technical Determination No.1 ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... required to be members of AFCA. It's problematic." Sometimes the advice firm will end up in liquidation and then "phoenix into something else". It is then reliant on ASIC to take action by way of withdrawing licences. "But even then, [advisers] can ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... and I joined the chief executives of many of our largest DC pension schemes - namely Aviva, Scottish Widows, L&G, Aegon, Phoenix, Nest, Smart Pension, M&G & Mercer - for the formal signing of the Mansion House Compact." Under "The Compact", around two-thirds ...
PAGE:
1
PREVIOUS
NEXT