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MaxCap appoints chief executive
|MaxCap has named deputy chief executive and chief financial officer Kylie Robb as chief executive, effective July 1.
Perpetual rejects $2.5bn takeover offer
|The financial services firm has rejected a $21.64 per share bid from a Swedish private equity firm.
Investors Mutual founders launch new venture
|The former investment director and founder of Investors Mutual Anton Tagliaferro is launching a new fund management business, focussing on small caps, with a new fund already made available for investors.
AMP, CFS, MLC post double-digit returns
|AMP Super, Colonial First State (CFS) and MLC have delivered strong returns for members with growth-focused options posting double digit gains despite heightened market volatility and geopolitical uncertainty.
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Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.







This suggestion shows a gross misunderstanding of both the purpose and laws surrounding Superannuation. It is not appropriate for the funds to act to save member jobs. The Super fund's role is to provide for retirement benefits, not try to soften member's journey toward retirement. Thus they need to invest where they can see the money they are responsible for getting a return. Propping up failing businesses is entirely outside that remit. There is a little thing called the Sole Purpose Test which I would suggest to the Prime Minister would be worth reading.