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Showing 361 - 370 of 10671 results for "May 17"

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
Stopping short of calling it vertically integrated, ASIC warns it aims to uncover any conflicts of interests in the managed accounts sector particularly as more AFSLs build in-house products. ASIC commissioner Alan Kirkland said the managed accounts ...

iExtend hires national BDM

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
iExtend has expanded its distribution team by appointing a national business development specialist, hiring from Resolution Life. In the newly created role, David Sutjipto will work closely with financial advisers to enhance the client experience and ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
The retirement savings of thousands of Australians have been lost in the First Guardian and Shield failures and, while investigations are ongoing, the blame for their collapse and the misconduct that led to it is being passed around like a football ...

BlackRock looks to add Bitcoin ETF to local suite

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
BlackRock is gearing up to list a Bitcoin ETF for Australian investors, according to ASIC filings. Last month, a new managed investment scheme titled 'iShares Bitcoin ETF' appeared on the ASIC Register, followed by the registration of a 'Trustee ...

Former First Sentier PMs join Blackwattle

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
Blackwattle Investment Partners has taken in three of First Sentier Investors' (FSI) former portfolio managers who are set to launch a new strategy in 2026. Rudi Minbatiwala, Jason Moodie and Marlon Chan were all part of FSI's equity income team until ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
APRA has lifted Westpac's remaining $500 million capital add-on after the bank completed its multi-year risk transformation program spurred by several breaches and misconduct. APRA slapped the first $500 million capital add-on in July 2019 as a ...

Superannuation system quality stagnates: Report

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
The quality of Australia's retirement system continues to stagnate at the B+ level based on the annual Mercer CFA Institute Global Pension Index (MCGPI) over the last four years. The retirement system has not improved since 2021 when it moved from a ...

Australian Ethical aligns Christian Super members' cover

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
Former members of Christian Super will see several changes to their insurance fees and cover come December 1, Australian Ethical announced. From 1 December 2025 automatic default death and total and permanent disablement (TPD) cover will move to a new ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ...

Fortitude launches Small Cap PE Fund

RIDDHIMA TALWANI  |  TUESDAY, 14 OCT 2025
Fortitude Investment Partners has launched a Small Cap PE Fund, targeting lower mid-market opportunities in private equity. The evergreen fund will invest in deal flows in health, digitalisation and technology, energy transition and food and beverage. ...