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| | | The Australian Prudential Regulation Authority (APRA) has appointed two new executive directors to fill recent vacancies. Peter Kohlhagen has been promoted from general manager of superannuation to executive director of policy and advice following the ... |
| | | | T. Rowe Price Australia is bracing for further leadership change, with its country head confirmed to depart in July following the exit of its head of intermediary. Darren Hall, who served as head of distribution for Australia and New Zealand, will leave ... |
| | | | Star Entertainment has entered a binding commitment with US private credit fund WhiteHawk Capital Partners to refinance the group's debt. The agreement is for a three-year refinancing, covering existing obligations and providing additional liquidity ... |
| | | | The Federal Court has ordered Oztures Trading, known as Binance Australia Derivatives, to pay $10 million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings ... |
| | | | Akambo is expanding its scope, launching an asset consulting business and appointing a former Olympian to a senior role. Akambo has launched Vertex Investment Services, which partners with advice businesses to strengthen investment governance, portfolio ... |
| | | | Macquarie Group has said it is preparing for all contingencies when it comes to the Middle East conflict. Speaking at the Asia Pacific Financial and Innovation Symposium in Melbourne yesterday, Macquarie managing director and chief executive Shemara ... |
| | | | ... planning to increase allocations over the coming year. This is followed by investment-grade private placements and senior direct lending, where 35% and 33% of insurers, respectively, expect to increase allocations. In private equity, insurers are primarily ... |
| | | | The Financial Services Council (FSC) has appointed a new deputy chair as Alexis George steps down from the post. Challenger chief executive and managing director Nick Hamilton will replace George, who was in the role for one year. George's departure ... |
| | | | Channel Capital has added a distribution director, strengthening its team at a time of growing demand for alternatives education and adviser support in the wealth sector. In his new role, Keenan Bunning will support advisers across the market, helping ... |
| | | | ... served as a board director of a major electricity network. 5C said his infrastructure and energy experience, including direct board-level oversight of a large power network, gives him practical insight into the economics and scaling dynamics specific ... |
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