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Showing 221 - 230 of 4112 results for Karren Vergara

Family office buys stake in Lendlease retail asset

KARREN VERGARA  |  TUESDAY, 23 DEC 2025
Lendlease is selling a stake in luxury retail mall The Exchange TRX to a Malaysian family office for nearly $406 million. Lendlease will offload the 40% stake in The Exchange TRX, as well as its 60% interest in the office asset valued at RM1.1 billion ...

Trustees up sponsorship deals, Hostplus takes lead

KARREN VERGARA  |  MONDAY, 22 DEC 2025
Hostplus leads the charge on sporting sponsorship deals as the superannuation sectors' budget for marketing and advertising also balloons, even as APRA cracks down on non-essential expenditure. According to newly released APRA data, Hostplus spent ...

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
Treasury is seeking industry feedback on the proposed reforms that aim to reduce tax concessions under Division 296 "enjoyed by individuals with large superannuation balances." The proposed changes centre on applying a 30% tax rate on earnings from ...

Australian Food Super closes two options

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
Australian Food Super is closing two of its options that have become costly to run relative to their size and lack member interest. On 3 March 2026, the Alternatives and Property investment options will close. From 7 March 2026, any remaining balances ...

Cbus operations chief heads for exit

KARREN VERGARA  |  THURSDAY, 18 DEC 2025
The chief operating officer at Cbus will leave the fund this month. A spokesperson for Cbus confirmed Nancy Day has resigned as chief operating officer of the $105 billion super fund. Day joined Cbus in August 2018 as head of investment operations before ...

AustralianSuper execs earn top pay grade: APRA

KARREN VERGARA  |  WEDNESDAY, 17 DEC 2025
AustralianSuper's top brass are the highest paid in the superannuation sector, earning nearly $9.2 million, which is double the amount that some of their peers earn. Newly released APRA data covering the 2025 financial year showed that industry ...

Why a single insto client is a massive business risk

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
The closures of several active fund managers following the loss of a major mandate has underscored the importance of having a diversified client base, as one $2.2 billion manager warns this has become a substantial business risk. This year alone saw ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
Sequoia Financial Group's embattled licensee and adviser services division flagged it is currently making healthy earnings but expects to take a hit from the First Guardian Master Fund and Shield Master Fund debacle. The unit, which is embroiled in ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ...

Hearts & Minds, WAM slash stakes in Corporate Travel Management

KARREN VERGARA  |  FRIDAY, 12 DEC 2025
Hearts & Minds Investments (HM1) is the latest fund manager to write off its stake in the beleaguered Corporate Travel Management (CTD), while Wilson Asset Management slashed its value by 50%. The ASX-listed travel and accommodation agency services ...