Financial Standard

HNW clients value quality over fees: Praemium

VINNY VUCAGO   High-net-worth (HNW) Australians who receive ongoing financial advice are more confident in their investments than those managing their wealth alone, new research from Praemium and CoreData found.

TAL launches new campaign focused on mental health

VINNY VUCAGO   TAL has launched a new campaign, working with youth media group The Daily Aus, and partners with the AFLW, aimed at promoting mental wellbeing.

Nuveen completes Schroders acquisition

ELIZA BAVIN  |    12:00PM   Nuveen has completed its $20 billion acquisition of Schroders and now manages a combined $2.6 trillion in assets under management.

QIC expands convenience retail portfolio into Victoria

VINNY VUCAGO  |    11:55AM   QIC Real Estate has acquired Mambourin Marketplace in Melbourne's west for $53.87 million, making its first convenience retail investment in Victoria as it expands its neighbourhood shopping centre portfolio.

CALI outlines Life Code changes

ELIZA BAVIN   Following an independent review of the Life Code which made 85 recommendations, CALI has outlined the planned changes.

Australian life insurers lag global peers: Capgemini

MATTHEW WAI   A new survey from Capgemini found that Australian life insurers are stowed behind the global average when it comes to member engagement and educational efforts.

AMP, CFS and Vision Super get the Epic Retirement Tick

RIDDHIMA TALWANI   Three super funds, AMP Super, CFS FirstChoice and Vision Super, have joined the line-up of funds that have received the Epic Retirement Tick from Chant West and the Epic Retirement Institute.

Longevity gap exposes retirement divide

VINNY VUCAGO   Australian's life expectancy can vary by more than a decade depending on their socio-economic circumstances, highlighting significant differences in how long people may need their retirement savings to last, new research from Actuaries Institute found.

Lowe slams government spending

ELIZA BAVIN   Former RBA governor Philip Lowe has slammed government spending, public policy and overregulation revealing his thoughts on the current state of the economy.

Interest rates at highest level in 15 years

MATTHEW WAI   The monetary policy board of the Reserve Bank of Australia unanimously agreed to increase the interest rate by 25 basis points to 4.6%, the highest level since 2011.

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |    12:25PM   ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD).

APRA flexes fresh powers, zeros in on trustees

ELIZA BAVIN   APRA has released a package of proposals to strengthen trustee investment governance saying it has "elevated concerns" about the platform sector.

AIA snags Acenda head of products

MATTHEW WAI  |    12:01PM   AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.

Praemium chief exits amid leadership renewal

RIDDHIMA TALWANI  |    11:03AM   Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers".

MLC Super cuts admin, investment fees

VINNY VUCAGO   MLC Super will cut administration and investment fees for members from October 1, with 511,000 members set to benefit from lower costs across its superannuation options.

Equity Trustees pushes bidders for better price

RIDDHIMA TALWANI   Equity Trustees' parent company EQT Holdings' board confirmed it is engaging with its two bidders - TPG Global and BGH Capital - and has pushed for an improved offer from both.

AI overtakes superfunds for investor education

VINNY VUCAGO   Artificial intelligence (AI) has overtaken superannuation funds as a source of investment information among younger, highly knowledgeable Australian investors, according to new research from Global X.

New digital asset trading platform targets HNWs, instos

VINNY VUCAGO   CloudTech Group has launched a digital asset trading platform in Australia giving institutional, high-net-worth and individual investors access to aggregated liquidity, institutional-grade pricing and advanced trading tools.

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.