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| | | Global asset manager Insight Investment has named a new distribution lead for its local operations. Amy Clements was promoted to head of distribution for Australia and New Zealand this month after spending more than five years as an investment specialist. ... |
| | | | Russell Investments' default lifecycle investment option, GoalTracker, posted returns ranging from 9.2% to 12.3% last financial year. Since its inception in March 2020, GoalTracker has delivered average annual returns of 8.3%-11.3%. Russell Investments ... |
| | | | Shadow Assistant Treasurer Luke Howarth has reaffirmed the opposition unreservedly supports Michelle Levy's Quality of Advice Review (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services ... |
| | | | The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ... |
| | | | CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ... |
| | | | The Council of Australian Life Insurers (CALI) has welcomed Allianz Retire+ as its newest full member. Joining as the 20 th member, Allianz Retire+ chief executive Adrian Stewart said he believes the move will better serve the advancement of the life ... |
| | | | Mercer has published its Investment Performance Survey, revealing the top-performing Australian share fund managers of 2023-24. The Glenmore Australian Equities Fund took out top spot with a 31.5% return. The fund, which has a diversified portfolio ... |
| | | | Resolution Life Australasia has appointed Dean Mulheron to the role of chief product and marketing officer, supported by the new head of marketing and partnerships, Nathan Taggart. Mulheron, who joined the company almost three years ago as its chapter ... |
| | | | The Federal Court has ordered Master Wealth Control, also known as DG Institute, to pay $5 million in fines for "making false and misleading representations" to customers in relation to its educational programs, Real Estate Rescue (PER) and Master Wealth ... |
| | | | Perpetual has streamlined its distribution team, in a move that sees the departure of three senior executives including the global heads of distribution and product. The asset manager confirmed Adam Quaife and Matthew Cahill have left their roles as ... |
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