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| | | A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm. Len Chersky has left the firm this week. He joined Brookfield in January 2014 after a brief stint ... |
| | | | Australia's life insurers have set out their action plan with an aim to strengthen their commitments to customers under the Life Insurance Code of Practice (Life Code), following an independent review commissioned by the industry. The industry has committed ... |
| | | | Metrics Credit Partners has suspended redemptions in the unlisted wholesale funds that underpin its three ASX-listed strategies, according to an ASX statement by the funds' responsible entity. Media reports have named the MCP Wholesale Investments ... |
| | | | PPS Mutual has created a new role of director of strategy to lead the life insurer's long-term strategy and identify opportunities to deliver ongoing value to members. Matthew Pilcher, who has been with the firm since 2014, was appointed in the role. ... |
| | | | The Australian Prudential Regulation Authority (APRA) has released a package of proposals to strengthen trustee investment governance and better protect members' retirement savings. APRA said the reforms are the next phase of its multi-year focus on ... |
| | | | High-net-worth (HNW) Australians who receive ongoing financial advice are more confident in their investments than those managing their wealth alone, new research from Praemium and CoreData found. The Rich Decisions research found 84% of HNW investors ... |
| | | | ASIC has outlined its supervisory priorities for 2026-27 with reviews of artificial intelligence (AI), member services and advice fee deductions among the areas of focus for financial services firms. The regulator has published sector-specific supervisory ... |
| | | | HLB Mann Judd has promoted three managers across its business advisory, wealth management, and corporate tax to director level, while welcoming a new tax consulting director from EY. David Ravida, Tom Peskett, Hannah Waller, and Gaurav Vasnani have ... |
| | | | Australian's life expectancy can vary by more than a decade depending on their socio-economic circumstances, highlighting significant differences in how long people may need their retirement savings to last, new research from Actuaries Institute found. ... |
| | | | Ironbark Financial has raised $256 million investment from Merchant Wealth Partners, a New York-based investment manager, which provides equity investments to financial services firms. This is Merchant's largest investment outside the US market, joining ... |
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