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Showing 1501 - 1510 of 29041 results for "PRI"

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
Superannuation funds had $400 billion invested in private market assets, jumping 34% in the two years to June 2024, Rainmaker Information analysis of APRA data shows. Private real assets, classified as unlisted investments in property and infrastructure ...

Treasury welcomes new leader

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
The Secretary of the Department of Finance will make history as the first woman to lead Treasury, commencing June 16. Jenny Wilkinson will replace Steven Kennedy, who is taking on a new role of Secretary of the Department of the Prime Minister and Cabinet. ...

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
Labor is proposing several reforms to giving or ancillary funds that include increasing the annual distribution rate and smoothing out minimal distributions over three years. In the consultation paper Giving fund reforms: Distribution rate and smoothing ...

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
State Street Global Advisors (SSGA) is the largest asset management firm in Australia by locally sourced assets under management (AUM) - by some margin - though few realise. With nearly $500 billion in local assets under its watch, mostly via institutional ...

Iress' superannuation consulting business changes hands

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
Iress' superannuation consulting and managed service business - part of the broader superannuation division - was acquired by Apex Group last week and has now been sold to data and technology firm Novigi. As part of the transaction, Novigi scooped ...

Perpetual mulls tie up with Partners Group

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
Perpetual is mulling a partnership with Partners Group's Australian arm to develop products and investment strategies for public and private assets. Signing a letter of intent, the two parties hope to collaborate on launching investment vehicles or ...

King's honours list recognises excellence in super, finance

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
The 2025 King's Birthday honours list featured several heavyweights from the superannuation, funds management and sustainable investing sectors. A superannuation fund investments chief was one of the recipients of the highly coveted Medal of the ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
The super funds that saw member accounts breached by cybercriminals in April have been instructed to undertake a "special purpose engagement," as APRA asks all trustees to review their compliance with Prudential Standard CPS 234 Information Security. ...

ASIC shrinks IPO timetable to boost listings

MATTHEW WAI  |  TUESDAY, 10 JUN 2025
Initiating a two-year trial today, ASIC has enabled a shorter initial public offering (IPO) timetable for eligible entities seeking to list on the Australian Securities Exchange (ASX). During the trial, ASIC will "informally" review eligible documents ...

Regulators note advances in life insurers' practices

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
ASIC and APRA commenced a joint review in 2022 over concerns that life insurance premium increases might not have aligned with policy terms or met policyholder expectations set by disclosure and marketing materials, though has since noted progress. ...