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Chartered accountants should be allowed to provide advice: CA ANZ

MATTHEW WAI  |  MONDAY, 2 FEB 2026
... "There is currently a gap between the number of individuals needing advice and the number of financial advisers available to close the gap." The body noted that the retirement sector, specifically in superannuation, has been changing rapidly, with measures ...

JANA hires from Russell Investments

ELIZABETH FRY  |  THURSDAY, 29 JAN 2026
JANA Investment Advisers has recruited a staffer from rival asset consultant Russell Investments. Oscar Lonergan joins as a senior client development director. JANA said the hire strengthens its support for not-for-profit and liability-aware investors ...

Hiring for risk, member services to take off

JAMIE WILLIAMSON  |  THURSDAY, 29 JAN 2026
Recruitment activity across the financial services sector is showing signs of recovery following a lull in 2025, with increased hiring in risk and member services expected. According to the 2026 Financial Services Market Outlook from Kaizen Recruitment ...

Zurich Australia offloads investment management business

MATTHEW WAI  |  THURSDAY, 29 JAN 2026
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 names chief investment officer

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
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 ...

AWAG partners to form $240m wealth business, names principal

MATTHEW WAI  |  WEDNESDAY, 28 JAN 2026
... recently the director of financial planning at Bentleys Wealth, has been appointed as principal to lead CHN Wealth. He brings close to 40 years' experience across the financial services industry and was the chief executive of Fortune Financial Advice ...

Aussie Olympian's brother pleads guilty for role in global scam

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
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 ...

Superhero Super shutters lifestage options

MATTHEW WAI  |  WEDNESDAY, 28 JAN 2026
... and operational management, in turn, improving investment outcomes for members. "In determining that these options will close, the trustee considered that the transfer to Superhero Super investment options will place members in investment options with ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
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 ...

Federated Hermes expands Asia presence

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
Federated Hermes has announced its plans to open shop in Hong Kong to capitalise on Asia's "rapidly growing" wealth market. The announcement follows the appointment of its global fixed income chief investment officer earlier this month to succeed Robert ...