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| | | Leaders at Aware Super, NGS Super, Rest and AMP have all pointed to slow moving systems as standing in the way of innovation while speaking at the AM Tech Day conference in Sydney. AMP group executive, platforms Edwina Maloney said traditional thinking ... |
| | | | SMSF Association (SMSFA) chief executive Peter Burgess has called out recent hawking practices that prompt people to transfer their retirement savings into a self-managed super fund (SMSF). Burgess said the sector needs to be on alert about the resurgence ... |
| | | | Coaxial, the family office of Nicola Forrest, has welcomed its first chief executive. Current UBank chief executive Philippa Watson has been appointed by Forrest to lead her family office and philanthropic venture, founded in 2023. Through Coaxial ... |
| | | | Partners Group, housing over US$150 billion assets under management, is set to acquire an Australian data centre provider, investing up to $1.2 billion to spearhead "next generation" platforms across Australia. The firm has agreed to acquire GreenSquare ... |
| | | | ASIC has banned Northern Territory financial adviser Harris Shortland for seven years, following his conviction for supplying dangerous drugs. In December 2021, Shortland was convicted on drug offences after having been arrested in July 2018 for importing ... |
| | | | Andrew Lill has been appointed interim chief investment officer at legalsuper. Lill will oversee the $6.4 billion super fund's investments while it searches for a permanent replacement for Paul Murray. Lill was previously chief investment officer ... |
| | | | Axius Partners, a capital formation and advisory firm, has welcomed a new executive director. Phil Filippelis joins from Commonwealth Bank where he served as head of global portfolio solutions and deputy investment chief. "We are delighted to have Phil ... |
| | | | The private wealth firm has snapped up two staffers from Perpetual - a senior wealth adviser and director of philanthropic services. Before joining JBWere, David Hurley was an associate Partner at Perpetual for more than seven years, providing investment ... |
| | | | The boards of superannuation trustees, insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of ... |
| | | | In the battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end ... |
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