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| | | ... The more than 16 million Australians who are members of traditional super funds are now having to help pay that bill even though they can't claim from the CSLR themselves." In FY26, $6.1 million of a $47.3 million special levy was charged to the savings ... |
| | | | Challenger has launched the Institute for Lifetime Income, an advocacy and insights platform focused on improving financial and longevity literacy. Challenger said launching the institute formalises the work it has already been undertaking for decades ... |
| | | | Betashares has expanded its core investment range with the launch of four diversified exchange traded funds. The new lineup comprises the Betashares Diversified High Growth ETF (ASX: DVHG), Betashares Diversified Growth ETF (ASX: DVGR) and Betashares ... |
| | | | ... equity-market weakness. By the end of June, all target-allocation indexes had moved back into positive territory for the year, though the strength of the recovery varied materially by risk profile," the report said. "Overall, the second quarter reinforced ... |
| | | | HSBC Australia will sell its portfolio of local home loans and personal loans valued at $36 billion to Blackstone. The sale is expected to complete in the first half of 2027, subject to regulatory approval. The remainder of HSBC Australia's retail ... |
| | | | ... that together on the morning of T+1 in a fairly accurate way," Helyar says, "so you can be managing the entire fund, even though you're not managing the underlying assets." Aware Super recently completed a multi-year technology overhaul giving it ... |
| | | | State Street Investment Management (SSIM) head of investments for Australia Jonathan Shead will step down next month. Shead will retire on August 28 after spending 26 years with the group, working in various State Street Global Advisor (SSGA) roles ... |
| | | | Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair. Peter Kell brings decades of experience in consumer protection, financial services regulation and public policy to SCA and has previously served as ... |
| | | | After a four-month hiatus, the sales director is now calling Evidentia Private, the private wealth arm of Evidentia Group, home. Former T. Rowe Price head of intermediary sales for Australia Jonathon Ross has joined Evidentia Private as principal, private ... |
| | | | ... trust in a professional to provide expert advice in a complex financial system," Berry said. "Many are now left feeling as though that this trust was misplaced." Reacting to the update, Financial Advice Association Australia (FAAA) general manager of ... |
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