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Showing 391 - 400 of 17420 results for "Billion"

ART overhauls death and TPD insurance fees

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
... insurance to help cover the cost of administering the insurance arrangements you have in the fund," ART said. The $370 billion super fund will also change its TPD Assist benefits starting the new financial year. If a member's 'date of disablement' is ...

Aussie investors entering 'regime shift': VanEck

VINNY VUCAGO  |  FRIDAY, 15 MAY 2026
... week's sharp sell-off of Commonwealth Bank. In its 2026 Australian Equities Outlook, the global asset manager said the $30 billion wipeout in CBA's market value highlighted the growing risks of concentration within the S&P/ASX 200 and signalled a broader ...

Aequitas hires former Vanguard consultant

MICHELLE BALTAZAR  |  THURSDAY, 14 MAY 2026
... Investment Partners, a Melbourne-based asset consulting group for financial advisers. Founded in 2010, Aequitas manages over $8 billion in client funds and runs its own proprietary investment platforms, Aequilibrium and Altum. On announcing his appointment ...

Budget boosts fuel security, misses clean energy opportunities

KARREN VERGARA  |  THURSDAY, 14 MAY 2026
With Treasury pledging a whopping $14.8 billion to boost fuel security amid the Middle East crisis, the 2026 Budget has been criticised or missing key opportunities to progress the clean energy transition. Treasurer Jim Chalmers' Strengthening Australia's ...

Structural reforms necessary despite global shocks: Chalmers

RIDDHIMA TALWANI  |  THURSDAY, 14 MAY 2026
... way we thought about cost-of-living help changed when the fuel tax cut became necessary, and we had to find almost $3 billion to fund it," he said. "Some good ideas were delayed for more work, and for understandable reasons. The core remained intact ...

Aware Super strengthens support for financial advisers

MATTHEW WAI  |  THURSDAY, 14 MAY 2026
... licensees and advisers, in a move to expand its advice relationships capability. To better focus on the initiative, the $235 billion super fund has created the role of senior manager technical services, appointing Troy Smith from Zurich Insurance. In ...

NZ Super 'accepts' court loss, updates policy

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
The Guardians of New Zealand Superannuation (Guardians), the manager of the $90 billion New Zealand Superannuation Fund, has confirmed it will not appeal a recent Judicial Review which found two of its policy documents were not formulated in accordance ...

Australian ETF market surges to record $346bn

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
Australia's exchange traded fund industry has climbed to a record $346 billion in assets under management after posting one of its strongest monthly gains on record in April. New data from Betashares showed the local ETF market grew by $16.6 billion ...

TCorp awards $1bn mandate to UK insurer

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
TCorp has awarded a $1 billion mandate to UK-based insurance specialist Hiscox Capital Partners. TCorp head of listed and unlisted asset management James Murray told Financial Standard the partnership was a strategic opportunity. "We see this as a strategic ...

Future Fund executive departs after 10 years

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
... technology and data programs that serve the investment mission," Grant said. Grant spent a decade at Future Fund managing $335 billion, most recently as executive director, investment capability and intelligence. During his decade long tenure, he served ...