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Chalmers calls for solutions, not problems

ELIZA BAVIN  |  FRIDAY, 8 AUG 2025
... already well known and broadly understood, but we are circulating them so we can spend time at the Roundtable on specific ideas not just problem identification." The resilience paper identified growing global uncertainty, including supply chain issues ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... the MDR within their ABPs." "However, it is assumed all funds would be offering more than the legislated MDR so there may not be value in such a simple indicator," the paper reads. "A more comprehensive approach could ask funds about the nature and amount ...

Payday super delays will cost workers: ASFA

ELIZA BAVIN  |  FRIDAY, 8 AUG 2025
... on money that should already be in an employee's super fund," Delahunty said. "Those returns should belong to the worker, not the business. For a 25-year-old on the average wage, even just receiving their super fortnightly instead of quarterly will mean ...

Top Australian CIOs revealed

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
Who have been named in the 2025 top 100 global list of chief investment officers? Five Australian super fund chief investment officers made the grade. Chief Investment Officer, the New York-based sister publication of Financial Standard, this month ...

Super funds risk 'falling behind': MUFG Retirement Solutions

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... chief executive Frank Lombardo said super funds that don't embrace emerging technologies risk "falling behind". "... and not just from a security perspective, but also from a [member] experience perspective," Lombardo said. "The transformation that ...

Legal costs weigh on AMP profits

JAMIE WILLIAMSON  |  THURSDAY, 7 AUG 2025
Costs associated with remediation and its simplification strategy put a slight dent in AMP's half-year net profits, coming in at $98 million. Released this morning, AMP's results show a 5% drop in interim net profit, largely attributed to $11 ...

Geopolitics, private credit force insurers to 'shift gears': Janus Henderson

MATTHEW WAI  |  THURSDAY, 7 AUG 2025
Due to a rapidly evolving investment landscape, Janus Henderson Investors said Australian insurers are increasingly reviewing their long-term investment strategies, emphasising dynamic risk management and changing priorities in the face of uncertainty. ...

FAAA expands specialist education programs

MATTHEW WAI  |  THURSDAY, 7 AUG 2025
... fee to apply, successful applicants will pay a one-off fee of $5000 (ex GST). Courses with less than 50 hours of study will not be considered, the FAAA said. In return, successful applicants will have an exclusive arrangement with the FAAA for up to ...

AustralianSuper, ASFA, Macquarie chiefs invited to Roundtable

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... insights will help sharpen the focus of our discussions and contribute meaningfully to the work ahead," Chalmers said. "While not every group or organisation can be represented in person, our public submission process has seen almost 900 organisations ...

ASX flags up to $35m in additional operating costs

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... it had entered a scheme of arrangement under which private equity group TPG Capital Asia would acquire 100% of its shares - not TPG Telecom. "ASX moved quickly to address the issue when it became clear there was potential for confusion in the market. ...