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Showing 181 - 190 of 3196 results for "Power"

Most Hostplus options achieve double-digit returns

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
Hostplus returned close to 11% to its MySuper members in FY25, while its popular Indexed Balanced option delivered just over 12%. The Hostplus Balanced (MySuper) option returned 10.81% to members, while the Indexed Balance option turned in 12.02%. Hostplus ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
... - it'll put nearly $8000 more in the average Australian's pocket at retirement, thanks to more frequent payments and the power of compounding." However, SMC did acknowledge the impact the legislation could have on small and medium businesses, saying ...

Padua Solutions buys up data provider

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
Padua Solutions is strengthening its data capabilities with the acquisition of Wealth Data following a successful capital raise, which closed at $2 million over its target. Wealth Data provides insights on advisers, superannuation funds, and self-managed ...

Microsoft flips AI switch on for MUFG

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
MUFG Pension and Market Services (MPMS) has collaborated with Microsoft to adopt AI-powered solutions across its MUFG Retirement Solutions and MUFG Corporate Markets business divisions. The five-year strategic partnership is built on a co-investment ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
... resolution is satisfied in relation to a CS facility licensee, it remains at the RBA's discretion whether to use a resolution power," the paper said. "The use of resolution powers is expected to be an option of last resort and therefore a relatively ...

Super moves: PE exec quits Future Fund for ART

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
One of Future Fund's top managers has left to join Australian Retirement Trust as a portfolio manager within the private equity team. Anika Choudhury has left Australia's sovereign wealth fund where she started out a senior analyst nearly five ...

Desktop Broker to deliver direct indexing via partnership

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
Desktop Broker, part of Bell Financial Group, has partnered with direct indexing platform Briefcase to deliver direct indexing capabilities and institutional-grade ETF model portfolios to financial advisers and wholesale investors. With direct indexing ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... redundancy funds. Consultation Paper 384, Employee redundancy funds, will seek feedback on whether ASIC should have the power to regulate the multi-billion-dollar funds, which it said were growing significantly. Fund operators have been granted relief ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ...

Shaw and Partners splashes $63m for New Zealand expansion

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
Shaw and Partners Financial Services, a subsidiary of EFG International, has acquired a 75% stake in Auckland-based Investment Services Group (ISG) for NZ$67.5 million ($62.5m). The move brings Shaw and Partners Financial Services' assets under advice ...