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Showing 181 - 190 of 21697 results for "Dec"

Unit pricing errors hit two Mercer funds

KARREN VERGARA  |  TUESDAY, 14 APR 2026
Investors in Mercer's Passive Global Listed Property Fund and Cash Fund have been hit with unit pricing errors. The Passive Global Listed Property Fund reported incorrect unit prices between 8 December 2025 to 5 February 2026 and 10 February 2026 ...

CFS awards $370m mandate

KARREN VERGARA  |  TUESDAY, 14 APR 2026
Colonial First State (CFS) awarded a $370 million mandate to New Zealand-based infrastructure manager Morrison to tap its global private markets strategy. CFS has already made commitments to Morrison's value-add strategy across fund and discretionary ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
Magellan Financial shareholders have approved the takeover of Barrenjoey at an implied valuation of $1.6 billion. Magellan first announced the merger in early March, noting Brian Benari will become the group chief executive under the new entity. Sophia ...

ASIC acts against another former FSGA adviser

JAMIE WILLIAMSON  |  MONDAY, 13 APR 2026
An adviser that ASIC said was experienced enough to know better than to advise clients to invest in Shield and First Guardian has been banned for five years. Shane Monte Silva failed to act in certain clients' best interests when he told them to switch ...

GESB loses another key executive

JAMIE WILLIAMSON  |  MONDAY, 13 APR 2026
GESB's chief corporate services officer has left the fund after just one year in the role. Anthony Cribb joined GESB last year in the newly created executive position, tasked with overseeing the GESB corporate services business unit, including legal ...

Aussies remain 'positive' about retirement: Challenger

MATTHEW WAI  |  MONDAY, 13 APR 2026
Despite a slight improvement in retirement sentiment, Challenger believes better access of financial education among older Australians, particularly regarding lifetime income stream strategies, will be beneficial to retirees. The third annual Challenger ...

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
Former financial adviser Rhys Reilly has been banned from working in financial services for 10 years for "serious misconduct" in which he flogged the First Guardian Master Fund in return for conflicted remuneration. ASIC's investigation into Reilly ...

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
Treasury is tightening the rules around capital gains tax (CGT) to ensure foreign residents pay their fair share of tax in Australia. The draft law broadens and clarifies the definition of Taxable Australian Real Property (TARP) and introduces a definition ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
The Life Insurance Code of Practice should be strengthened to reflect the growing mental health crisis, better support vulnerable customers and improve the claims-handling process. These are the key themes that emerged in the newly published Life Insurance ...

Former super fund chief to steer new fund manager

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
Ben Palmer, the former chief executive of GESB, has been appointed managing director and chief executive of a newly formed funds management business. Perth-based Affinity Capital Group has launched Affinity Funds Management, selecting Palmer to spearhead ...