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| | | ... and better returns for shareholders. Late September, Praemium brought forward its board leadership transition, with board member Matthew Quinn replacing chair Barry Lewin, who stepped down after almost a decade from the role. Quinn joined the Praemium ... |
| | | | Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year. The ethical fund manager said wholesale redemptions outweighed the inflows from new products and client wins. Net flows into ... |
| | | | ... in the first quarter of 2027. AMP said this is an important signal of AMP Super's offer in employer super, including its member service, retirement proposition and investment returns. "AMP Super was recently awarded an Epic Retirement Tick by Chant West ... |
| | | | ... fund into its next phase. The appointments include Mirella Robinson as chief technology officer, Charlie Yanni as chief member and employer officer, Colin Adamson as chief commercial officer, and Alissa Knight as chief strategy and enablement officer. ... |
| | | | "No one can predict a fraud in advance. We're not clairvoyants." The chair of Diversa Trustees, Vincent Plant, testified before last month's parliamentary committee inquiry into the collapse of the Shield and First Guardian master funds. The ... |
| | | | The Reserve Bank of Australia (RBA) switched to a "decisively hawkish" tone in the September Minutes, with a focus on the upside risks to inflation. The board unanimously voted in favour of a rate hike, bringing the official cash rate to 4.6%, after ... |
| | | | The International Monetary Fund (IMF) has projected Australia's inflation to ease to 3.1% in 2027 from 3.9% this year, leaving it outside the Reserve Bank of Australia's (RBA) target range of 2% to 3%. The IMF's latest World Economic Outlook (WEO) estimates ... |
| | | | The latest proposal from the government to see super funds contribute to the Compensation Scheme as a Last Resort (CSLR) would force everyday Australians to fund failures which arose in unrelated high-risk financial services, the Super Members Council ... |
| | | | ... returns, fees charged and therefore retirement outcomes," O'Rourke said. The review also found some trustees did not update member liabilities promptly following significant investment write-downs. Disclosures explaining fair value assessments often ... |
| | | | ... circumstances in which a binding nomination may become invalid. Previously a binding nomination could become invalid if a member entered into a new spousal relationship, which includes a de facto relationship, after making a nomination. This no longer ... |
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