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Showing 201 - 210 of 12449 results for "TRU"

Trump announces new US retirement plan

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
US President Donald Trump used his State of the Union address this week to announce a new retirement plan open to US workers. Trump said that since he took office the typical 401(k) balance has grown by "at least US$30,000". "That's a lot of money. ...

Super moves: Mercer, AusSuper, Future Fund, VFMC

ELIZABETH FRY  |  THURSDAY, 26 FEB 2026
Padraig Brown has left Mercer after more than 14 years, ending his stint as New Zealand chief investment officer. He is joining NZX-listed Precinct Properties, the country's largest commercial property owner, worth about $3.4 billion. At NZX-listed ...

Australian Ethical unveils strong half-year results

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
Australian Ethical saw underlying profit after tax (UPAT) increase by 25% to $14.4 million in the six months to December end, while net profit after tax (NPAT) attributable to shareholders was $13.3 million, up 42%. Revenue of $65.8 million was up 13% ...

Equity Trustees lands new mandate

ELIZA BAVIN  |  THURSDAY, 26 FEB 2026
Equity Trustees (EQT) has been appointed Responsible Entity for the new River Capital High Conviction Fund. The fund, available to institutional and wholesale investors directly, and to retail investors via platforms, provides access to a focused portfolio ...

Perpetual sees 349% profit jump

RIDDHIMA TALWANI  |  THURSDAY, 26 FEB 2026
Perpetual has reported a 349% jump in net profit after tax to $53.9 million in the first half. It posted a jump of 12% in underlying profit to $112.7 million and delivered $60 million in annualised savings and is on track to achieve the targeted $70-$80 ...

GBST aims to capitalise on innovation with new hire

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
GBST has named an AI transformation lead to accelerate the adoption of artificial intelligence (AI) across its global operations and product suite. Based in Sydney, Jai Swaminathan has joined the digital solutions provider in the newly created role ...

CFS cuts ties with Otivo, launches own super advice

KARREN VERGARA  |  WEDNESDAY, 25 FEB 2026
Colonial First State (CFS) has ceased its partnership with digital advice technology provider Otivo less than two years after joining forces, opting instead to launch an in-house offering called Super Advice. As of February 23, the Otivo digital advice ...

Inflation rises 3.8%, rate rise 'firmly in play'

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
The Consumer Price Index (CPI) rose 3.8% in the 12 months to January 2026, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to January was unchanged from December," ABS head of prices statistics Michelle Marquardt ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
In the six months from 1 July 2025 to 31 December 2025, the corporate watchdog received 9686 reports of misconduct (ROMs), raising 13,036 issues, new data from ASIC shows. ASIC said the increase in ROMs was driven largely by corporate governance concerns ...

Chalmers releases retirement phase reforms

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
Treasurer Jim Chalmers has released the Retirement Reporting Framework and Best Practice Principles for superannuation retirement income solutions. "These reforms are all about strengthening the system to deliver the best results for Australians when ...