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Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
... some of its data in a separate update on 17 May 2026. Following a detailed investigation and data review, Generation Life is now "notifying individuals whose personal information has been confirmed as impacted." It did not confirm the number of individuals ...

Inflation cools, RBA facing 'uncomfortable trade-off'

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2026
... wrong direction and further away from the Reserve Bank of Australia's (RBA) 2% to 3% target band," Chesler said. "The RBA now faces an increasingly uncomfortable trade-off. We do not expect today's rise in trimmed mean inflation to be enough to force ...

New Forests expands US forestry footprint

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
... forest management teams on Washingtons Olympic Peninsula. The deal further expands the firms North American footprint, which now spans assets across the Pacific Northwest, Northern California, the US South and Oklahoma.

First Sentier adds to C-suite, hires from Rabobank

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
... Heine to the head of institutional business across Australia and New Zealand. Heine, who has spent 13 years with the firm, now oversees the institutional sales team and client relationships across both markets after previously managing institutional ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... operator to $5.10 per security. This week, IFM increased its stake from 38.3% to 40.7%, before lifting it to 45.6%. It has now acquired further shares today, taking its direct stake in the toll-road operator to 50.1%. This takes IFM's total share ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... Labor's low ambition means that inequality and the housing crisis will be worse for longer. This enduring housing crisis will now be squarely of Labor's design. "We are glad that the government has listened to some of the concerns raised through ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
Praemium and its subsidiaries are now caught up in the ASIC-led First Guardian legal saga, having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices ...

Bell Asset Management launches small-caps fund

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... Scott Hudson to the group, joining Bell AM from Tyndall Asset Management. The trio ran an equivalent strategy at Tyndall and now operate as a dedicated and independent team within Bell, reporting to chief executive Michael Lovett. Johnston said the team ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... to prioritise more immediate, pressing life issues such as saving up for a house or investment property. A Colmar Brunton (now Kantar) survey from 2010, for example, found only one third of employees chose their own super fund. Young people were also ...

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
... Meanwhile, Ben Davis, who was with Zenith for nearly 22 years, recently left Ascalon as head of private markets. Davis is now the head of portfolio solutions at FinCap. John Burton joined Ascalon in July 2025 but left last month after being made redundant. ...