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Showing 151 - 160 of 3113 results for "November 1995"

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
APRA has placed an additional $5.5 million capital requirement and additional licence conditions on KeyInvest over risk framework flaws and questionable long-term objectives. KeyInvest is a life insurance company and friendly society that primarily ...

HESTA snags Equip Super risk chief

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
HESTA has named its new chief of risk, recruiting from Equip Super. Natalie Alford will join HESTA as chief risk officer on November 3 after an eight-year tenure at Equip Super as chief risk officer. At HESTA, Alford will support the group's risk ownership ...

CareSuper, MIESF schedule merger for October

JAMIE WILLIAMSON  |  THURSDAY, 31 JUL 2025
CareSuper and Meat Industry Employees' Superannuation Fund (MIESF) will merge on October 1. The two funds have officially signed a successor fund transfer deed following months of due diligence, saying they are confident the merger is in the best ...

FSC explores if adviser licensing framework remains 'fit for purpose'

MATTHEW WAI  |  MONDAY, 28 JUL 2025
The Financial Services Council (FSC) has released a green paper addressing the case for reforming Australia's financial advice licensing framework to better progress the advice sector against today's challenges. FSC's The Value and Future ...

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
ASIC has banned another two former financial advisers of MWL Financial Services that were involved in investing clients' superannuation into the Shield Master Fund, as well as other breaches of obligations. Former financial advisers of MWL, Rocco ...

Aware Super expands European footprint

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
Aware Super has announced it has acquired APG's stake in apartment-hotel owner and operator The July. Having already acquired a stake of the business in July 2020, it is now the majority shareholder. The announcement is a part of the super fund's ...

CBA head of Australian economics steps down

ELIZA BAVIN  |  FRIDAY, 18 JUL 2025
Commonwealth Bank (CBA) head of Australian economics Gareth Aird has stepped down from the role. Aird was with CBA for 13 years, joining the bank in November 2012 as a senior economist before taking on the head of Australian economics role in April ...

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 ...

Lack of confidence in US equities brings investors back home

MATTHEW WAI  |  THURSDAY, 3 JUL 2025
Geopolitical tensions and US trade policy uncertainty have continued to dampen investor sentiment, with many shifting their attention to Australian equities, new research found. According to Investment Trends' 2025 First Half Australia Online Investing ...

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
The Australian Bureau of Statistics (ABS) data shows inflation rose 2.1% in the 12 months to May, down from 2.4% in April. "The 2.1% annual Consumer Price Index (CPI) inflation in May was down from 2.4% in April and the lowest since October 2024," ABS ...