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Showing 201 - 210 of 10658 results for "May 1"

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
AustralianSuper has made six reform requests to the government ahead of the Federal Budget, which is set to be delivered in May. AustralianSuper head of corporate affairs Steve McMillan said the pre-Budget submission "focuses on reforms that will enhance ...

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
The Fire and Emergency Services Superannuation Fund (FES Super) has reworked its default option as it looks to ensure performance test success. FES Super offers six investment options to members, the default being the Smoothed option. As of this month ...

Virgin Money Super increases administration fees

MATTHEW WAI  |  FRIDAY, 13 FEB 2026
The changes are coming into effect on April 1 and will see a member with $50,000 charged $388 in total fees per year. From April 1, Virgin Money Super's asset-based administration fee will increase from 0.394% p.a. to 0.424% p.a. For a member with a ...

Bullish on AI? Don't buy US tech: Vanguard

ELIZA BAVIN  |  FRIDAY, 13 FEB 2026
Vanguard global chief economist Joe Davis said the rapid rise of artificial intelligence (AI) has become a transformative economic force. However, while today's AI leaders dominate headlines, tomorrow's winners may look very different. Speaking at an ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
FIIG Securities will pay $2.5 million over cybersecurity failures that went on for years and saw the private data of clients compromised and, in some cases, leaked. ASIC brought its case against FIIG Securities in March 2025 after it found the firm ...

Institutional investors' risk appetite trends down: State Street

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
According to the State Street Risk Appetite Index, investor appetite declined to zero in January 2026, from a +0.36 reading in December 2025. Despite a strong pick-up in institutional risk exposure towards mid-January, uncertainty around Federal Reserve ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
Macquarie Asset Management's (MAM) net profit contributions were "substantially up" in the third quarter, with global assets under management (AUM) reaching $736.1 billion. MAM said the increase was primarily driven by gains on the sale of its divestment ...

Global pension assets near $90tn: Research

MATTHEW WAI  |  TUESDAY, 10 FEB 2026
Global pension assets reached a record US$68.3 trillion ($89.3tn) in 2025 across the top 22 markets, rising 9.6% year-on-year as defined contribution savings continued to drive growth, new research found. According to the Thinking Ahead Institute's ...

Government to ask super funds to invest in defence infrastructure

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
The federal government has endorsed a recommendation that the Department of Defence establish a dedicated division to deal with private investors to drive the delivery of infrastructure projects. The recommendation was made as part of a review of the ...