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| | | The chief executive of Totality Wealth, formerly known as Saxo Australia, has abruptly left the trading platform with a replacement announced. Adam Smith led Totality Wealth since March 2019 when it operated as Saxo Australia. He kept the top job last ... |
| | | | Russell Investments is acquiring Zurich Investment Management (ZIM), the investment arm of Zurich Australia, adding close to $2 billion in funds under management (FUM). The transaction will lift Russell Investments' retail and wealth FUM in Australia ... |
| | | | Brighter Super has named Damien Webb as its chief investment officer, following an international recruitment search. Webb, who is currently deputy chief investment officer at Aware Super, will join Brighter Super in April. Webb also served as head of ... |
| | | | The brother of Australian breakdancing Olympian 'Raygun' has pleaded guilty for his role in a large global scam. Former finance director Brendan Gunn pleaded guilty to dealing with more than $180,000 when it was "reasonable to suspect those funds were ... |
| | | | MLC Expand has appointed Irene Worrell as general manager of product management to drive strategy, governance and innovation across its platform. The $100 billion super and retirement platform said Worrell will be responsible for shaping and executing ... |
| | | | ASIC has said operational failures by superannuation fund trustees as well as the rise of artificial intelligence (AI) will drive the local regulatory space in 2026. Operational failures among super trustees and administrators, such as delays in processing ... |
| | | | The unemployment rate fell to 4.1% in December, according to the Australian Bureau of Statistics (ABS). The unexpectedly robust employment numbers have added to the possibility of a Reserve Bank of Australia (RBA) interest rate hike back when the board ... |
| | | | State Street Corporation and QNB Group have announced a strategic alliance to introduce a new custody servicing model in Qatar. Under the agreement, State Street and QNB Group have agreed to collaborate, with service agreements to be finalised and executed ... |
| | | | EQT is entering the secondaries market with the acquisition of Coller Capital. EQT will acquire 100% of the Coller Capital management company, the Coller Capital general partner entities which control the Coller Capital funds, and 10% of carried interest ... |
| | | | A new type of vertical integration will emerge in the financial advice sector in 2026, while an oligopoly of two providers will dominate the platforms market, Finura predicts. Finura's Australian Wealth Tech Predictions report for the year ahead ... |
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