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| | | Hejaz's Islamic Super and Pension products will be terminated as a fallout from Equity Trustees ditching the superannuation trustee business. The latter, however, says otherwise. Hejaz Islamic Super had 2600 members and more than $98 million in ... |
| | | | Kaplan Funds Management has shuttered its $12.6 million Kaplan Pooled Superannuation Trust (PST) amid merger pressure from prudential regulator APRA. As trustee, Diversa Trustees told investors the move reflects the rising costs and compliance obligations ... |
| | | | Global X is reducing the management fee on the Global X Gold Bullion ETF (GXLD) from 0.15% to 0.14% per annum, effective September 1. This comes after VanEck cut management fees on its gold ETF last week, also to 0.14% per annum. Global X said the move ... |
| | | | The Brisbane-based wealth and superannuation business has appointed a new chief executive, as former boss Terry Constable landed a new role at Infocus after almost three years at the helm. Julie Hamilton has taken on the role of chief executive, joining ... |
| | | | Consider a situation where a financial adviser believes an investment is no longer suitable for their clients. Perhaps a fund manager is underperforming or a stock held directly by clients needs to be sold. In the past, advisers would often have to ... |
| | | | MUFG Pension & Market Services (MPMS), a member of MUFG, a global financial group, announced it has entered into a binding scheme implementation deed to acquire GROW Technology Services (GROW Inc). The acquisition is subject to conditions, including ... |
| | | | The number of failed investment products nearly doubled in the 2026 APRA superannuation performance test, with BUSSQ being the only industry fund to make the list dominated by retail funds. One MySuper product and 11 trustee-directed products (TDPs) ... |
| | | | Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market. The two parties entered into a definitive agreement, the financial terms of which were not disclosed. Outlets ... |
| | | | Capital Group has named a new chief information officer to be based in California and set to take on the role in November. Guillermo Veiga will take on the role, succeeding Marta Zarraga, who will retire at the end of the year. Veiga will relocate to ... |
| | | | Centuria Capital will be led solely by Jason Huljich from November 27, who will take the role of group chief executive, after joint chief executive John McBain decided to step down from the role, which will also come into effect on the same date. Centuria ... |
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