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| | | Macquarie Asset Management (MAM) has made a proposal to acquire Qube Holdings for $5.20 per share. Both firms have now entered a deed which gives Macquarie an exclusivity period until February 2026 to carry out its due diligence on the logistics firm. ... |
| | | | The Super Members Council (SMC) is urging the government to carve out APRA-regulated super trustees' responsibility in the FY27 Compensation Scheme of Last Resort (CSLR) special levy, claiming that it will be a "clear breach" of the scheme's principle ... |
| | | | Private equity activity will continue gaining momentum in the next year, according to the 2026 outlook by Corrs Chambers Westgarth. Corrs expects continued appetite for growth in technology, business services and financial services, and growing interest ... |
| | | | ... than £9000 in 20 years' time. Davies mentioned the Financial Conduct Authority (FCA), the UK financial markets regulator, as a priority for the last four years, has tried to urge people to move out of cash and into investment markets. Every year ... |
| | | | Rest, the $103 billion superannuation fund, is appointing a governance specialist with extensive experience in the superannuation and financial services industry. Reporting to Rest's chief strategy and corporate affairs officer Tyrone O'Neill ... |
| | | | Magellan Financial Group's head of global equities has resigned following reports alleging he was in a relationship with a junior employee. The Australian Financial Review reported overnight that Arvid Streimann was allegedly in a relationship with ... |
| | | | ... test for superannuation funds and major banks, it revealed in its inaugural System Risk Outlook report. The prudential regulator said the new system risk stress test would be completed in two phases, with six large superannuation funds and four large ... |
| | | | The shortage of financial advisers is seeing firms increasingly raise base salaries by as much as $50,000, according to a report by Kaizen Recruitment. The recruitment firm's latest wealth management salary guide found it comes as superannuation funds ... |
| | | | Establishing a framework to prevent disasters like the Shield Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia ... |
| | | | ... accountability for its delayed action and it is high time for its reformation. Conaghan took the opportunity to reprimand the regulator at the annual Financial Advice Association Australia (FAAA) Congress, saying ASIC has let down 12,000 Australians ... |
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