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Showing 171 - 180 of 28377 results for "NOT"

NZ Super extends Movac relationship with $35m investment

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
The NZ Super Fund is extending its decade-long partnership with Movac by injecting $35 million in its latest capital raise for Movac's Growth Fund 7 (MGF7). MGF7 has raised $185 million at first close, almost doubling its initial target of $100 million ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... Melbourne University classified the engaged versus non-engaged as "insiders" and "outsiders" respectively. Outsiders typically do not read statements or understand investment options and fees. They do not make efforts to calculate their retirement needs ...

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... previous finding of the Federal Court that a "pre-existing condition" term used in a range of products issued by HCF Life was not an unfair contract term. While the earlier finding that the term was liable to mislead the public remains intact, the Court ...

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
The Finance Sector Union (FSU) has urged Reserve Bank of Australia (RBA) staff to reject a proposed wage deal, arguing the offer fails to keep pace with inflation and risks driving skilled employees from the central bank. The dispute centres on a proposed ...

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
... research, a wealth management and broking firm that was acquired by CommSec. Former Evergreen principal consultant Brad Bugg did not join Ascalon but moved to Betashares as a portfolio manager in superannuation in April. Ascalon services private wealth ...

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... said. "But that only works if you are prepared to be ruthless in who makes the cut. The majority of managers we assessed did not meet our standards, and that discipline is what protects investors." McAssey also highlighted the platform provides institutional-grade ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
Equity Trustees has decided to exit from its super trusteeship business via its subsidiary Equity Trustees Superannuation Limited (ETSL), after facing continued scrutiny over the Shield and First Guardian collapses. Equity Trustees commenced a strategic ...

Powerhouse Ventures partners with European fund manager

KARREN VERGARA  |  MONDAY, 22 JUN 2026
... companies that operate in space, quantum, artificial intelligence and advanced materials. Powerhouse said the fund that "will not be a long-duration, speculative start-up fund," rather its target companies will "fast become the next 'infrastructure' ...

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... Partners said. Commenting, Schubert said the firm had considered several potential partnerships over time but ultimately chose not to proceed where capital structures implied exit timelines or short-term priorities. "Too often in our industry, ownership ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... new 30% minimum tax will apply. Chalmers expects more than 90% of Australia's 2.7 million active small businesses will not be affected in any given year. "Small businesses will be supported if they choose to restructure, primary production income ...