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Showing 151 - 160 of 2947 results for "August 6"

Super moves: TCorp, Mercer, Commonwealth

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
After nine years with Commonwealth Superannuation, Rob Firth has decided to step down as chief risk officer. "I am really proud of the team I have led and the impact they have had,' conceding he leaves with "mixed emotions". "We have built a leading ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
ASIC has permanently banned financial adviser Barry David King of Melbourne following several years of misusing client funds and falsifying documents. King was found to have engaged in serious misconduct, including concealing information from clients ...

AustralianSuper's MySuper option returns 9.5%

KARREN VERGARA  |  MONDAY, 7 JUL 2025
AustralianSuper's MySuper option delivered 9.5% p.a. for members in the 2025 financial year, slightly trailing behind its peers. The MySuper Balanced option, in which the majority of its nearly 3.7 million members are invested, has about 25% invested ...

Adviser exam pass rate drops once again

MATTHEW WAI  |  MONDAY, 7 JUL 2025
The results of the 29 th Financial Adviser Exam have been handed down, with only 66% of candidates passing. In the June 5 exam cycle, a total of 237 people sat the exam; 75% (179) sat the exam for the first time. Eighty people (34%) have failed the ...

RBA interest rate cut expected

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
The Reserve Bank of Australia (RBA) is widely anticipated to slash interest rates by 0.25% when the board meets tomorrow. MFS Investment Management fixed income research analyst Carl Ang said he believes the RBA will deliver a "dovish insurance cut". ...

Profile Financial Services names new chief, chair

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Profile Financial Services has announced two significant changes to its executive and board leadership, which it said signals renewed focus on growth, and continuity. Shane Dooley has been appointed as Profile's new chief executive, commencing 4 ...

HMC Capital appoints to C-suite

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
HMC Capital has appointed Gerard Dover as chief executive of energy transmission platform as it seeks to merge two energy platforms acquisitions into one. HMC said the acquisition of Neoen Australia's Victorian assets (Neoen VIC portfolio) has seen ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
The Reserve Bank of Australia (RBA) has released a consultation paper on the proposed draft guidance for the Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat ...

Australian Ethical drops fees

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
Australian Ethical has made changes to its insurance offering to provide Standard Default Cover members with a higher level of coverage at all ages, while also reducing fees for most age groups, while other age groups will see costs unchanged. From ...