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Showing 111 - 120 of 4730 results for "July 1"

Assembly Funds Management reopens second retail fund

MATTHEW WAI | FRIDAY, 21 NOV 2025

Over a year since the second close of the fund, the Lowy family-backed Assembly Funds Management (AFM) has once again reopened the Australian Diversified Property Fund 2 (ADPF2), with 65% now invested across the living, retail and office sectors. The ...

Hostplus snares LGT Wealth deputy CIO

ELIZABETH FRY | THURSDAY, 20 NOV 2025

The deputy chief investment officer of LGT Wealth Management has joined the investments team at Hostplus, the $140 billion superannuation fund. Kevin Wan Lum has taken up the post of executive manager of investment research - a critical role given that ...

FAAA launches digital client identification tool

KARREN VERGARA | WEDNESDAY, 19 NOV 2025

The Financial Advice Association Australia (FAAA) will launch a digital client identification tool to assist advisers identify and verify their clients for anti-money laundering and counter-terrorism financing (AML/CTF) purposes. FAAA SafeID, an end-to-end ...

CalPERS adopts total portfolio approach

JAMIE WILLIAMSON | TUESDAY, 18 NOV 2025

One of the world's largest pension funds is shifting to a total portfolio approach (TPA), saying it will improve transparency and provide flexibility to capitalise on opportunities. Following a board vote, the California Public Employees' Retirement ...

Estimated CSLR levy comes in at $127m for FY27

JAMIE WILLIAMSON | MONDAY, 17 NOV 2025

The Compensation Scheme of Last Resort (CSLR) is estimating the sub-sector levy to be payable by the financial advice industry in FY27 will be $126.9 million - but that doesn't account for First Guardian and Shield. In total, the initial estimate ...

Pacific Current appoints new managing director

ANGELIQUE MINAS | FRIDAY, 14 NOV 2025

Pacific Current Group has appointed Michael Clarke as managing director, effective November 13. It has also appointed Ron Patel as acting chief financial officer, effective December 1. Clarke has been executive director and acting chief executive of ...

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI | THURSDAY, 13 NOV 2025

FNZ, the global wealth management platform, has secured US$650 million in new equity funding from institutional shareholders to support its long-term business plan. The investment comes from sophisticated investors, including La Caisse, Generation Investment ...

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON | THURSDAY, 13 NOV 2025

ASIC is taking Interprac Financial Planning to court over its failure to ensure representatives acted in clients' best interests. It's also been accused of lacking adequate risk management systems. The regulator said it was because of "critical ...

Industry bodies offer Payday Super resources

KARREN VERGARA | TUESDAY, 11 NOV 2025

Two industry bodies have launched resources to help superannuation funds comply with the looming Payday Super legislation, as the Australian Taxation Office (ATO) warns employers to be ready by 1 July 2026. The Association of Superannuation Funds of ...

ASX names chief compliance officer

MATTHEW WAI | TUESDAY, 11 NOV 2025

ASX has appointed a former APRA general counsel to the role of chief compliance officer, reporting to chief executive Helen Lofthouse. Lucinda McCann is succeeding Daniel Moran, who announced his resignation in July after 15 years at the exchange. McCann ...

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BT appoints new head of strategy

KARREN VERGARA

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

ASX sees trade volumes soar in May

MATTHEW WAI

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

Otivo launches AI-powered financial advice

MATTHEW WAI

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

Munro expands access to climate focused fund

VINNY VUCAGO

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

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