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| | | A collective of industry bodies, including Chartered Accountants ANZ and the Financial Advice Association Australia, want the government to push the implementation of Payday Super to July 2028. In a joint submission to Treasury, eight industry lobby ... |
| | | | Global X ETFS Australia has appointed a head of operations and finance lead and will shortly hire a senior business development manager to boost growth efforts in Western Australia. The exchange-traded fund provider's operations lead, Steven Romei ... |
| | | | A former UniSuper risk executive has landed at Mercer Superannuation Australia as its new chief risk officer. Mercer Super has confirmed the appointment of Dennis Gentilin - an ex-banker turned whistleblower - to the role. "Dennis' expertise and ... |
| | | | ... Price in Australia and New Zealand, transferring to Australia from the firm's London office. While in London, she did short stints at First Sentier Investment and AllianceBernstein on the client services side of the funds management business. Bradshaw ... |
| | | | ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting. The failures have been undetected for many years ... |
| | | | ... combined entity receiving participation in performance fees related to the first 5% of absolute returns from the L1 Long Short funds. In an analyst note, Morningstar said some value would be unlocked via a merger, but said it didn't expect any meaningful ... |
| | | | ... For its part, Global SWF said, "the government must tread carefully." Investing in housing or infrastructure that fails short of performance benchmarks could "weaken confidence" in the Future Fund's stewardship, it warned. Moreover, if performance ... |
| | | | ... hospital operators in the event the breaches are not remedied," HMC said. Healthscope in response said it "entered into short-term forbearance arrangements with the requisite majority of its senior lenders. The arrangements are in place until May." "These ... |
| | | | ASIC has cancelled the Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the Compensation Scheme of Last Resort (CSLR). The regulator cancelled ... |
| | | | ... combined entity's financial position. "L1 appears to offer a broader product range, including hedge funds (applying long/short strategies), activist funds, and real estate investments. Platinum's offering is more narrowly focused on international equites ... |
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