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Showing 391 - 400 of 10353 results for "Close"

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

Aware Super, TelstraSuper advance merger plans

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
Aware Super and TelstraSuper have moved to the next stage of their merger plans, signing a binding Heads of Agreement to create an entity with nearly $235 billion in assets. Providing an update to its members, TelstraSuper chief executive Chris Davies ...

Eildon recommends Samuel Terry takeover

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... limited liquidity of its securities. "No other superior proposals have been received," the committee said. "Following the close of the offer, the bidder may exert increased influence over EDC and its intentions in relation to EDC's existing board are ...

Australian Food Super to transition to age-based premiums

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
Australian Food Super is transitioning its insurance offering to age-based pricing, with older members to pay much more for cover. For insurance purposes, Australian Food Super members are categorised as either manual workers or office workers. For ...

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance ...

QIC delivers $9.6bn for Queensland

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
QIC delivered record FY25 results of $9.6 billion to its Queensland government clients in FY25, taking total earnings for the state to more than $22 billion since 2022. QIC said despite fluctuating market conditions during the financial year, assets ...

Brookfield raises $4bn for new alts fund

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
Brookfield has raised more than $4 billion for the first closing of the Brookfield Infrastructure Debt Fund IV (BID IV). The fund targets high yield debt investments for infrastructure assets and businesses backed by regulated, contracted, or concession-based ...

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
... others, it said it was the decision of Macquarie Investment Management as trustee of the Macquarie Superannuation Plan to close the funds to investment by members. So far, Macquarie has publicly stated around 60 investment options will be removed. However ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
Acenda has launched a new insurance benefit, Total Permanent Disability (TPD) Severity, in response to a significant surge in claims, particularly for mental health and musculoskeletal conditions. According to the life insurer, there was a 166% increase ...

Australia misses out on global dividends growth

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
Despite global dividends achieving record growth in the first half of 2025, boosted by the weaker US dollar, Australia wasn't so prosperous. According to Capital Group's Global Equity Study Dividend Watch, global dividends increased 7.7% year on year ...