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Editor's Choice

ASIC issues 'wake-up call' to trustees on member complaints

RIDDHIMA TALWANI
The corporate regulator is calling on superannuation trustees to improve oversight of issues arising from member complaints, noting many are not doing enough to use complaints as early warning signs of broader issues.

Aware Super expands Challenger partnership for lifetime income solution

VINNY VUCAGO
Aware Super has moved to expand its retirement income offering through a partnership with annuity provider Challenger, as superannuation funds face growing pressure to help members turn accumulated savings into sustainable income.

FBI accuses North Korea of $9bn Binance crypto heist

MATTHEW WAI
North Korea has been accused of being the culprit behind the $9 billion (US$6.3bn) cryptocurrency heist from global digital asset platform Binance that took place last week.

ASIC takes action on Falcon Capital directors

KARREN VERGARA
ASIC is suing the directors of Falcon Capital, the responsible entity for the failed First Guardian Master Fund, alleging "serious and widespread failures" in their oversight.

Financial Planning

Ironbark expands advice footprint with acquisition

MATTHEW WAI  |    11:57AM   Ironbark Financial Group has acquired a Victoria-based multi-disciplinary firm that specialises in assisting small to medium sized businesses, integrating the practice into its Ironbark Advice brand.

The faces of influence: The 2026 FS Power50

STAFF WRITER   Financial Standard has recognised the most influential financial advisers in Australia - leaders, mentors and innovators defining modern advice - in its 2026 FS Power50 list.

Investment

Macquarie AM launches venture growth fund

MATTHEW WAI  |    12:01PM   The new fund will provide eligible investors access to late-stage growth companies around the world based on a two-decade track record with more than 350 investments.

Consistent climate disclosures matter: ASFA, ACSI

RIDDHIMA TALWANI  |    11:55AM   The Association of Superannuation Funds Australia (ASFA) and the Australian Council of Superannuation Investors (ACSI have joined four other peak investment bodies to push for continued transparent and comparable climate disclosure.

Insurance

Life insurers urged to act earlier on claims

VINNY VUCAGO   Life insurers are being urged to request information earlier and improve communication with customers to prevent avoidable delays in claims decisions, following an industry review that found repeated gaps in the handling of longer-running claims.

TPD claims drive insurance disputes

VINNY VUCAGO   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.

Retirement

Guaranteed income gives retirees 'licence to spend': JPMAM

RIDDHIMA TALWANI   Retirees with a higher share of guaranteed income spend 44% more, according to J.P. Morgan Asset Management (JPMAM) portfolio manager and head of target date strategies Daniel Oldroyd.

Rent stress threatens retirement security

VINNY VUCAGO   Declining home ownership is deepening Australia's housing divide, with lower-income households facing growing rental stress and potentially entering retirement with significantly less wealth, according to the Actuaries Institute.

Economics

Lagarde to leave ECB

VINNY VUCAGO   The European Central Bank (ECB) is preparing for a leadership change early next year, with its president Christine Lagarde set to depart before the end of her current term.

Inflation hits 4.3%, RBA says it remains 'too high'

RIDDHIMA TALWANI   Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS).

Regulatory

ASIC raises red flags on prediction markets

KARREN VERGARA   ASIC chair Sarah Court has warned retail investors to be wary of "highly speculative" prediction markets, likening them to betting.

ASIC consults on market operator financial resources requirements

RIDDHIMA TALWANI   ASIC is consulting on proposals for clearer guidance on financial resources requirements for licensed market operators in Australia.

Executive Appointments

IFM Investors appoints global product strategy head

VINNY VUCAGO  |    12:18PM   IFM Investors has strengthened its global leadership team with a senior appointment of a former WTW consultant.

Alceon strengthen capital raising leadership

VINNY VUCAGO  |    12:12PM   Alceon has restructured its capital raising leadership, appointing a new head of wholesale capital and establishing dedicated oversight of institutional investor relationships as demand for private market investments grows.

Superannuation

Aware Super expands Challenger partnership for lifetime income solution

VINNY VUCAGO   Aware Super has moved to expand its retirement income offering through a partnership with annuity provider Challenger, as superannuation funds face growing pressure to help members turn accumulated savings into sustainable income.

AustralianSuper rolls out new investment data platform

VINNY VUCAGO   AustralianSuper has implemented a new investment data platform designed to improve portfolio oversight, risk management and decision-making as the superannuation fund expands its global operations.

Technology

FBI accuses North Korea of $9bn Binance crypto heist

MATTHEW WAI   North Korea has been accused of being the culprit behind the $9 billion (US$6.3bn) cryptocurrency heist from global digital asset platform Binance that took place last week.

Super funds lend voice to tokenisation

VINNY VUCAGO   AustralianSuper, Aware Super and Australian Retirement Trust are among the superannuation funds joining a new advisory group established by the Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC) to help shape the development of tokenised in wholesale financial markets.

Family Office

Australia's family offices surpass $323bn in assets

RIDDHIMA TALWANI   Family offices in Australia have surpassed $323 billion in assets, according to data from Rainmaker Information.

Mining, property fuel Aussie billionaires' wealth

KARREN VERGARA   Australian billionaires' riches are highly concentrated in mining, financial services, technology and property, accounting for 0.7% of the total US$15.1 trillion in global wealth studied by the 2026 Billionaire Census.