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Showing 91 - 100 of 4047 results for "LIT"

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN | WEDNESDAY, 1 OCT 2025

Cbus and MUFG Retirement Solutions have reached a settlement relating to "unacceptable delays" in the processing and payment of death benefit and insurance claims made by Cbus members and claimants. MUFG said it "sincerely apologises to Cbus and its ...

Centuria Bass names new chief executive

RIDDHIMA TALWANI | TUESDAY, 30 SEP 2025

... and corporate strategy. Giffin and Gottlieb will lead the business as it plans to expand through a listed investment trust (LIT), retail credit products and further institutional investment growth. The incumbent joint chief executives, Giles Borten and ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA | FRIDAY, 26 SEP 2025

About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON | THURSDAY, 25 SEP 2025

Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

GIM director slapped with travel restraints

KARREN VERGARA | WEDNESDAY, 24 SEP 2025

Global Investment Marketing (GIM) director Darren Geddes has been barred from leaving the country for the next six months as ASIC alleges he misappropriated money via a sham bond investment scheme. ASIC did not provide details behind its allegations ...

Australian economy in 'very good place': RBA

ELIZA BAVIN | MONDAY, 22 SEP 2025

Reserve Bank of Australia (RBA) governor Michele Bullock has told a parliamentary inquiry the Australian economy is in a good position, with inflation within the board's target range of between 2-3%. Bullock said the central bank is pleased to see inflation ...

MSC awarded dual mandate from newly established litigation funder

MATTHEW WAI | MONDAY, 22 SEP 2025

MSC Trustees and MSC Abacus, both part of MSC Group, have been appointed as the trustee and administrator for a newly established third-party litigation funder, Ninety Mile Capital. Ninety Mile Capital is based in Melbourne and was founded by chief ...

ASIC chair calls it quits

KARREN VERGARA | FRIDAY, 19 SEP 2025

ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

Retirement expectations of young Australians surge

ANGELIQUE MINAS | THURSDAY, 18 SEP 2025

Vanguard's third annual How Australia Retires report offers thorough insights into how Australians are planning for their retirement. Surveying 1800 Australians aged 18 and above, the findings indicate critical disparities in financial literacy ...

Private markets, asset class correlations upending 60-40 portfolio

KARREN VERGARA | WEDNESDAY, 17 SEP 2025

The rise of private markets and increasing intra- and inter-fund correlation among asset classes should prompt financial advisers to rethink the traditional 60-40 portfolio. This is according to CI Global Asset Management head of fixed income and private ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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