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Showing 161 - 170 of 4710 results for "KAR"

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
Two years since ASIC cracked the whip on superannuation funds to improve death benefit claims handling practices, a follow-up review found very little to no improvements have been made. ASIC's review of 45 trustees found varying degrees of urgency ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
The corporate regulator said it promises to take a "balanced" approach to enforcing new rules around any advertising of superannuation funds during the employee onboarding process, which take effect in a few weeks. From July 1, trustees and employers ...

Franklin Templeton's Western AM hit with US$100m penalty

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
Franklin Templeton's Western Asset Management has been hit with a whopping US$100 million penalty for failing to detect and prevent its former co-chief investment officer's alleged cherry-picking scheme. The order follows the SEC's 2024 ...

King's honours list lauds two super fund chiefs

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
The chief executives of Hostplus and Hesta were among the leaders that have been recognised in the 2026 King's Birthday Honours List for their outstanding achievements in the superannuation industry. For the Member of the Order of Australia (AM) ...

Treasury releases adverse genetic test results ban draft regulation

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
Treasury is seeking feedback on draft regulations that ban the use of adverse genetic test results in life insurance, which come into effect on October 8. The draft regulations under Insurance Contracts Amendment (Genetic Testing Protections in Life ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
Canopy Investors is shutting its doors three years since launching and is in the process of winding up its flagship Global Small & Mid Cap strategy. The Bennelong Funds Management boutique was launched in early 2023 by Magellan Financial Group veterans ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million. The ASX-listed wealth firm said BMO made the confidential, non-binding and conditional proposal to ...

Family office succession takes back seat to investments

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
While family offices have investment strategies down pat, the state of their succession plans paint another story, which reports suggest could undermine a seamless transfer of a vast amount of wealth. On the plus side, most family offices have a robust ...

BT appoints new head of strategy

KARREN VERGARA  |  THURSDAY, 4 JUN 2026
A former Allianz Retire+ executive has joined BT as the new head of strategy. Simon Aboud joined the wealth manager on June 1. Late last year, Aboud left Allianz Retire+ as its chief product and marketing officer, a role he assumed in May 2021. Prior ...

Raiz names new chief executive

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
The chief executive of Raiz Invest stepped down after nearly four years in the post and has been replaced by former Selfwealth chief Craig Keary. Brendan Malone left the top job on May 29 and remains on gardening leave until 29 May 2027. Keary commenced ...