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Philip King stages transition to retirement

KARREN VERGARA  |  MONDAY, 24 AUG 2026
... Managers Hall of Fame in 2019. "I am immensely proud of what we have achieved over the past two decades at Regal and I believe now is the right time to commence my transition toward retirement," King said. "This decision reflects my confidence in the ...

FS Power50 voting opens

VINNY VUCAGO  |  MONDAY, 24 AUG 2026
Voting for Australia's most influential financial advisers in the 2026 Financial Standard Power50 is now open, with 121 advisers shortlisted for the annual ranking. The FS Power50 recognises advisers who demonstrate leadership and influence within ...

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI  |  MONDAY, 24 AUG 2026
... changes that would allow retirees to top up their retirement income streams with money earned from work," Blakey added. "Right now, retirees who return to work need to open a new super account, which is a needless inconvenience that often comes with ...

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... Federal Court. Melinda Kee lost $380,000 of her retirement savings when she invested it in First Guardian, prompted by the now-defunct lead generator Aus Super Compare. For Kee's portion, Justice Beach's order compelled InterPrac to pay $368,903.11 ...

Zurich completes ClearView takeover

VINNY VUCAGO  |  FRIDAY, 21 AUG 2026
Zurich Financial Services Australia has completed its acquisition of ClearView Wealth, with the insurer now the registered holder of all ClearView shares. The scheme of arrangement was approved by ClearView shareholders on 27 July 2026 and by the Supreme ...

MA Financial AUM surges 44% in 1H26

MATTHEW WAI  |  THURSDAY, 20 AUG 2026
... announced transactions. Further, residential mortgages also provided "strong growth" for the business, with an upgraded guidance now available for MA Money, anticipated to deliver around $25-$30 million in net profit after tax (NPAT) in FY26, while the ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... viability of affected sectors and the broader interests of the financial system. That is exactly what Treasury is analysing now, in consultation with stakeholders, before I make any final decision." Singling out the financial adviser sector, Mulino said ...

Mulino unveils sweeping reforms to cold calling, MISs

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... This was the bedrock in which AusCompare, the lead generator the Shield Master Fund and First Guardian Master Fund that is now in liquidation, relied upon to funnel clients into the MISs. Mulino also warned of tougher penalties for breaches of anti-hawking ...

Former NZ Super investment head lands chief executive role

MATTHEW WAI  |  WEDNESDAY, 19 AUG 2026
... for further growth. "NZX is a highly trusted and well-run market at the heart of New Zealand's economy. The opportunity now is to build greater scale, liquidity and global relevance," Mirza said. "As chief executive, I'm looking forward to ensuring ...

HUB24 loans $78m to HTFS, beefs up ORFR reserves

KARREN VERGARA  |  TUESDAY, 18 AUG 2026
... regulatory approval. "As HUB24 Super has grown significantly in scale, and the HUB24 Group has expanded its capabilities, we are now well positioned to bring the trustee function in-house," HUB24 chair Paul Rogan said in the latest 2026 financial year ...