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Showing 391 - 400 of 28409 results for "NOT"

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... such as strategic asset allocation, diversification, and other value-adding activities. By contrast, the current test does not explicitly account for risk in its assessment of investment returns." The third option is to regularly review the benchmarks. ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Bell Financial Group (BFG) said it will continue to diversify its revenue streams to transform into a broader and more holistic wealth manager to respond to the changing structural landscape of the Australian wealth industry. It reported unaudited net ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... between the intent of the CSLR and its real-world impact. "The clear message from advisers is that the CSLR levy will be felt not just by advisers but also by consumers - through higher advice costs and reduced access to advice," she said. "We are already ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... first time a super trustee was pinged for failures related to the IDR regime, which was introduced in 2021. However, it did not find in ASIC's favour in relation to all it was accused of. ASIC claimed TelstraSuper had failed to satisfy the 45-day ...

ART, Mubadala back CBRE's infrastructure platform

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Australian Retirement Trust (ART) has joined a consortium of global investors including Abu Dhabi's sovereign wealth fund Mubadala, in funding CBRE Investment Management-backed critical infrastructure platform Accelerate. Accelerate Infrastructure Opportunities ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... LinkedIn that job cuts would impact fund managers and administration workers throughout Magellan. A Magellan spokesperson would not confirm to Financial Standard the exact number of employees affected but did confirm there would be job losses. "As a ...

Iress inks partnership to embed AI across platforms

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Iress will partner with global technology consultant Thoughtworks to modernise its core platforms through embedding artificial intelligence (AI) and enhancing the value of its proprietary data. The partnership will help design data-driven features that ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
... reduce by between 1.4% and 23.5%. The premium reductions will apply for HESTA Super and HESTA Personal Super member; they do not apply to those in corporate super plans. The reductions follow a renewed group insurance arrangement with AIA Australia and ...

Digital asset adoption in SMSFs not a surprise: Burgess

MATTHEW WAI  |  THURSDAY, 7 MAY 2026
... the only way, from a super perspective, people can get access to that asset class is via an SMSF. In that regard, we're not surprised of what we're seeing right now," he said. He also emphasised many SMSFs would concentrate on a single asset ...

RBA hikes rates, suggests more to come

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2026
... the RBA did deliver two further rate hikes this year, we're likely facing a recession. Will that be needed? We can only hope not." Bassanese said he is expecting the three hikes already delivered this year to be sufficient to "take some of the wind from ...