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| | | The detriment of Shield and First Guardian Master Funds undermines trust in the superannuation system, ASIC commissioner Alan Kirkland warned, saying trustees must revise their processes to avoid exploitation by super switching schemes. Speaking at ... |
| | | | Total household wealth rose by 2.5%, or $453.7 billion, in the December quarter 2025, according to the Australian Bureau of Statistics (ABS). The main reason for the rise was driven by increased property values the value of residential land and dwellings ... |
| | | | Western Australia's largest public sector super fund is searching for a new chief executive following the departure of its long-serving leader. Ben Palmer, a former investment manager with GESB, will be replaced by investment chief Paul Taylor on ... |
| | | | Rest Super's investment chief Michael Clancy has reshaped his investment team, announcing one internal move and two departures. Sonia Bluzmanis has been appointed head of strategic partnerships, investments, based in London, building on her work ... |
| | | | Magellan Financial Group is bolstering its senior ranks, bringing in new heads of product and operations as the Sydney-based asset manager pushes ahead with plans to strengthen its next phase of growth. Jonathan Gad joins as head of product, tasked ... |
| | | | AMP has named Adrian Ryan as acting chief financial officer, effective March 30, following the appointment of current chief financial officer Blair Vernon to chief executive. This comes after Alexis George announced she would be stepping down from the ... |
| | | | Contact Asset Management is closing its only fund, but the boutique isn't going anywhere, continuing as manager of BKI Investment Company. Contact Asset Management began winding up its Australian Ex-50 Fund earlier this month following a review ... |
| | | | BlackRock said Australian ETF investors are preferring local equities over the US as global unrest rises due to the conflict in the Middle East. It's flagship IOZ ETF, which provides investors exposure to Australian S&P/ASX200 stocks, saw flows ... |
| | | | HESTA has announced that chief operating officer Stephen Reilly has made the decision to leave the fund in June to pursue external opportunities. This comes after chief executive Debby Blakey also announced she would be stepping down in the second half ... |
| | | | Pepper Money has rejected Challenger's "best and final" takeover offer of $2.25 per share after it slashed the offer price from $2.60 per share earlier this month. "Following its consideration of the proposal and consultation with shareholders, the ... |
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