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| | | There was no shortage of news impacting the financial advice community this year, with advisers bearing the brunt of negative sentiment in the wake of First Guardian and Shield collapses. But there were some bright spots throughout the year, including ... |
| | | | Papua New Guinea's Nambawan Super has appointed a new chief executive, naming Australian superannuation veteran Lachlan Baird to lead the country's largest defined contribution government fund. Baird brings more than two decades of superannuation ... |
| | | | The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Equity Trustees Superannuation Limited (ETSL) to address concerns relating to its investment governance frameworks and practices, including oversight ... |
| | | | ... thanks to Mark's vision and dedication." Delaney said it's been an honour every day, but it's time to go. "Until I call time with the fund in June, I will work my hardest to get members the returns they deserve," he said. "I am extremely ... |
| | | | PME Pensioenfonds, a Dutch pension fund with $105 billion in assets, has terminated an $8.9 billion equity mandate with BlackRock due to the manager's misalignment with the fund's environmental, social and governance framework. According to a release ... |
| | | | Natixis Investment Managers and Generali Investment Holdings (GIH) have decided to call off their plans for a joint venture, citing conditions not ripe to reach a final agreement. Natixis' owner BPCE and GIH's parent company Generali said they ... |
| | | | The warning by JPMorgan Chase chief executive Jamie Dimon about the possibility of there being more "cockroaches" in the US private credit market has sparked a flurry of debate about risks in the market at a time when its potential is being assessed ... |
| | | | Australian Ethical Investments has hired across distribution and investment teams, appointing a new business development manager and senior equities trader. Aaron Lin will support advisers in New South Wales, the ACT and Western Australia. The recruit ... |
| | | | ... adviser. This takes no account of the likely substantial decline in adviser numbers at the end of this year," she said. "We call on the Minister to reconsider this unjust additional levy that threatens the very viability of our profession. Nothing is ... |
| | | | Following a three-month surveillance, ASIC has issued infringement notices to 12 large proprietaries companies for failing to lodge their FY24 audited financial reports on time. The household names facing infringement notices include Aje Hold, Bing ... |
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