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Nominations open for the 2026 Power50

STAFF WRITER  |  THURSDAY, 9 JUL 2026
Nominations for the 2026 Financial Standard Power50 are now open as we recognise the country's most influential advisers who continue to raise the standards for the profession and provide outstanding service to clients and the wider community. This ...

SS&C to accept digital cash for tokenised investments

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... a similar AFSL. Further, ASIC has announced a three-month extension for those that are not yet compliant with the scheme, now expiring on September 30. Swyftx interim co-chief executive Andrea Yuen said: "It's an enormous responsibility to be a regulated ...

Future Generation returns top 20%

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
... to donate 1% of net assets annually to Australian charities without reducing shareholder returns. The company said it has now donated $100 million to charitable organisations since inception, supporting programs focused on vulnerable children, youth ...

TCorp chief investment officer retires

KARREN VERGARA  |  WEDNESDAY, 8 JUL 2026
... single MySuper product. He also held senior investment roles at BT Financial Group, QIC, Goldman Sachs and Schroders. TCorp is now looking for Brentnall's successor with the appointment set to be finalised in the first half of 2027. Brentnall continues ...

Rest, Aware now part owners of Moorabbin Airport

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
... of Moorabbin Airport, which was acquired from Goodman Group for $1.5 billion. Barings, which led the consortium's takeover, now oversees the Moorabbin Airport property, including facilitating future development activities. Rest took a one-third stake ...

Global concentration risks to reorient investors: JBWere

RIDDHIMA TALWANI  |  MONDAY, 6 JUL 2026
... have greater opportunities locally for income investing," Bertram said. "The main feature preventing more of this flow, for now, is that offshore equity markets have been performing very strongly." From an asset allocation perspective, JBWere said fixed ...

ARK Invest awards local distribution mandate

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
... chief of the Global Thematic Strategies fund where she managed over US$5 billion. In August 2017, Nikko Asset Management (now Amova Asset Management) acquired a small stake in ARK Investment Management and launched a separately managed account shortly ...

MaxCap appoints chief executive

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... succeed as chief executive to deliver firm's long-term strategy," the spokesperson said. "With the investment platform now scaling at pace, formalising the chief executive role provides dedicated leadership to oversee execution and position the business ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... financial advice sector also includes the loss of the public's trust due to the large-scale of these collapses. "The CSLR has now been in operation for two years. Our experience indicates that the overwhelming majority of claimants believed they ...

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... recurring revenue base, accounting and SMSF administration capability, and opportunity for cross-service client engagement. TAG is now expected to generate annualised revenue of approximately $9.4 million following the acquisition, before further organic ...