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| | | ... receive maximum value from their retirement savings." HESTA also announced it is reducing the minimum balance required to start an Income Stream from $50,000 to $10,000, effective September 30. "This reduction in minimum balance will open up access to ... |
| | | | Australian Unity has appointed Kelly Bayer Rosmarin as the next group managing director and chief executive, succeeding Rohan Mead who will retire in December. Rosmarin will commence in the new role from 15 December 2025 after completion of the transition ... |
| | | | ... financial advice. "Unless you are able to promote financial advice and draw people to your website or platforms and get them to start using a system and have the patience to spend however long engaging with the digital tool, then none of this is really ... |
| | | | Equip Super has promoted Michelle Cheong to chief risk officer, effective October 6. Cheong brings nearly two decades of experience in the superannuation and financial services industry. Starting her career at Ernst & Young, Cheong moved into senior ... |
| | | | Macquarie is heading to court with ASIC over its role in the Shield Master Fund collapse but has committed to reimbursing investors' retirement savings by September 30. ASIC commenced proceedings in the Federal Court against Macquarie Investment ... |
| | | | ... reported by the ABC, the National Anti-Scam Centre received reports of almost $8 million in losses related to GIM since the start of 2024. One investor lost $750,000, while another lost $200,000 in life savings. "Bank records from GIM investors show ... |
| | | | The number of self-managed super funds (SMSF) has grown on the back of increased participation by younger Australians despite regulatory uncertainty, according to a report by Class. The 2025 Annual Benchmark Report by Class found the number of SMSFs ... |
| | | | ... practices in private credit and private markets more broadly." "Private capital fills a funding gap for innovative Australian start-ups, growing businesses and property and infrastructure projects. It also provides diversification, return and income ... |
| | | | ... strategic priority or vision to become a global player in wealth management." "If it's a strategic imperative, they will start, and have started looking over in Australia, UK and other markets," she said. One good example is Corient, which was previously ... |
| | | | ... the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund and First Guardian collapses, published ... |
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