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| | | From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ... |
| | | | Warburg Pincus' private equity strategy is now available to Australian wholesale investors. Newly launched Continental Funds Group has brought the Warburg Pincus Access Fund (WP ACE) to the local market, with the help of Channel Investment Management ... |
| | | | The Financial Advice Association (FAAA) has urged the federal government to reconsider its proposed minimum tax on discretionary trusts, warning the reforms could impose significant costs on small businesses, financial advisers and lower income Australians ... |
| | | | Igneo Infrastructure Partners has launched a dedicated Australian distributed energy platform, Vertis Energy, alongside a series of acquisitions that will provide the business with an initial portfolio of 46 MW of solar assets. The global infrastructure ... |
| | | | Bigger funds demand bigger capabilities. As Australia's super sector moves towards the trillion-dollar era, custodians are stepping out of the shadows and into a more strategic role, with data stewardship, private markets expertise and AI capability ... |
| | | | Employment jumped by a substantial 76,300 jobs in June, above the market consensus of 15,000 jobs creation, according to the Australian Bureau of Statistics (ABS). The unemployment rate remained ready at 4.4%. HSBC chief economist Paul Bloxham questioned ... |
| | | | An innovative financial product, known as perpetual futures contract (perps), are currently under the scope of the market regulator, spreading concerns that the "speculative" product may be unlawfully distributed towards retail investors. According ... |
| | | | The market regulator penalised Deutsche Bank $2 million for misreporting more than 260,000 over-the-counter (OTC) derivative transactions, saying the fine reflected "deficiencies" in the reporting framework and such failures were "systematic." ASIC ... |
| | | | Focus Partners Australia has appointed a head of wealth advisory, hiring from Ord Minnett. David Lane will take on the role with Focus Partners saying the appointment comes as demand continues to grow for advice that brings together wealth management ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) has named its head of cyber and financial crime, bringing relevant experience from a super fund. Michael Collins has joined ASFA, stepping into the role with over 20 years of experience in ... |
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